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State PSC Planning And Economy — practice questions — page 3

Explore 122 free Planning And Economy questions in State PSC Economy. Open each question or exercise to read its content, reference answers and available explanation.

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Planning And Economy questions and exercises with answers

Showing questions 61–90 of 122.

Which plan goalRead the answer and worked solution →Type the numberRead the answer and worked solution →Planning bingoRead the answer and worked solution →In 1991 India's foreign exchange reserves fell to a level not enough to pay for imports for even a:Read the answer and worked solution →To manage the 1991 crisis India received a loan of how much from the World Bank and IMF?Read the answer and worked solution →The World Bank is formally known as the:Read the answer and worked solution →The reforms announced in 1991 are collectively called the:Read the answer and worked solution →Long-term measures to improve efficiency and competitiveness are called:Read the answer and worked solution →Putting an end to restrictions and opening sectors of the economy is called:Read the answer and worked solution →After 1991, industrial licensing was abolished for almost all industries except a few like alcohol, cigarettes and:Read the answer and worked solution →Which industries remain reserved for the public sector?Read the answer and worked solution →The financial sector in India is regulated by the:Read the answer and worked solution →Financial sector reforms aim to change the RBI's role from regulator to:Read the answer and worked solution →The foreign investment limit in banks was raised to around:Read the answer and worked solution →The government's taxation and public expenditure policies together are called its:Read the answer and worked solution →Taxes on the incomes of individuals and profits of firms are:Read the answer and worked solution →Why were income tax rates reduced after 1991?Read the answer and worked solution →Moderate income tax rates are believed to encourage savings and:Read the answer and worked solution →Taxes levied on commodities are called:Read the answer and worked solution →The Goods and Services Tax Act was passed by Parliament in:Read the answer and worked solution →GST came into effect from:Read the answer and worked solution →GST is meant to create one nation, one tax and one:Read the answer and worked solution →As an immediate step in 1991, the rupee was:Read the answer and worked solution →Before reforms, India protected industry through tight import controls and:Read the answer and worked solution →Selling part of the equity of public sector enterprises to the public is called:Read the answer and worked solution →Catch the tax reformsRead the answer and worked solution →Pop the reform headsRead the answer and worked solution →Find the real termRead the answer and worked solution →Slice the reform wordsRead the answer and worked solution →Direct or indirectRead the answer and worked solution →

Worked practice questions

Which plan goal

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Items
  1. Group
    Growth
    Item
    Bigger GDP
  2. Group
    Growth
    Item
    New capital
  3. Group
    Equity
    Item
    Land ceiling
  4. Group
    Equity
    Item
    Land to tiller
  5. Group
    Equity
    Item
    Subsidy
  6. Group
    Self-rely
    Item
    Avoid imports
  7. Group
    Self-rely
    Item
    Own food
  8. Group
    Self-rely
    Item
    Home output
Groups
  1. Item
    Growth
  2. Item
    Equity
  3. Item
    Self-rely
Instructions
Drop each policy onto the plan goal it serves.
_Source: syllabus Economics, Indian Economic Development, Chapter 2, Indian Economy 1950 to 1990._

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Type the number

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Questions
  1. Answer
    1950
    Question
    Year the Planning Commission was set up
  2. Answer
    1956
    Question
    Year of the Industrial Policy Resolution
  3. Answer
    1955
    Question
    Year of the Karve Committee
  4. Answer
    200
    Question
    Lakh tenants freed by abolishing intermediaries
  5. Answer
    1893
    Question
    Year Mahalanobis was born
  6. Answer
    20
    Question
    Years covered by a perspective plan
Instructions
Type the number only.
_Source: syllabus Economics, Indian Economic Development, Chapter 2, Indian Economy 1950 to 1990._

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Planning bingo

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Clues and terms
  1. Clue
    Market and state decide together.
    Item
    Mixed economy
  2. Clue
    Borrowed from the Soviet Union.
    Item
    Five year plan
  3. Clue
    Architect of the Second Plan.
    Item
    Mahalanobis
  4. Clue
    Maximum land one person may own.
    Item
    Land ceiling
  5. Clue
    Seeds that drove the green revolution.
    Item
    HYV
  6. Clue
    Produce farmers sell in the market.
    Item
    Surplus
  7. Clue
    Sorted industries into three categories.
    Item
    IPR 1956
  8. Clue
    Needed to open or expand a factory.
    Item
    Licence
  9. Clue
    1955 committee on small industries.
    Item
    Karve
Instructions
Read each clue and tap the term it describes.
_Source: syllabus Economics, Indian Economic Development, Chapter 2, Indian Economy 1950 to 1990._

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Indian EconomyFinancial RegulatorsTaxationAgricultureModern Indian HistoryIndian Polity and EconomyMixed Gs