Q.1) What does the philosophy behind economic planning recognizes?

A. Markets & price system alone cannot ensure human welfare (Correct Answer)
B. Human beings are essentially selfish
C. Public sector is inherently superior
D. None of these

Q.2) Who chaired National Planning Committee (1938)?

A. Motilal Nehru
B. Mahatma Gandhi
C. Indira Gandhi
D. Jawaharlal Nehru (Correct Answer)

Q.3) 'Planned Economy for India' (1934) was the work of?

A. Motilal Nehru
B. M. Visveswaraya (Correct Answer)
C. Indira Gandhi
D. Jawaharlal Nehru

Q.4) The Planning Commission was set up in keeping the directive principles in which of the following article?

A. Article 22
B. Article 50
C. Article 39 (Correct Answer)
D. None of these

Q.5) What is Structural Planning?

A. centralized planning
B. laying down broad goals and strategies
C. changing existing institutions or creating new ones (Correct Answer)
D. None of these

Q.6) The First five year Plan adopted?

A. Mahalanobis model
B. Lewis-Fei model
C. Harrod Domar model (Correct Answer)
D. None of these

Q.7) The scope of land reforms does not include which of the following?

A. housing loans to farmers (Correct Answer)
B. abolition of intermediaries
C. cooperative farming
D. None of these

Q.8) What was the purpose of the tenancy reform legislation?

1. Conferment of ownership right on tenants in some cases
2. Enact fixation of air rent
3. Afford security if tenure to tenants

A. Only 1
B. Only 2
C. Only 3
D. 1, 2 and 3 (Correct Answer)

Q.9) __________ operates at the district level.

A. Central Cooperative Bank (Correct Answer)
B. The Reserve Bank ofIndia
C. Primary Agricultural Credit Society
D. None of these

Q.10) The Green Revolution has led to marked increase in which of the following?

I. Productivity of wheat
II. Productivity of pulses
III. Regional ineQualities
IV. Inter-personal ineQualities

A. Only 1 (Correct Answer)
B. Only 2
C. Both 1 and 2
D. Neither 1 nor 2

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