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UPSC CDS Planning And Economy — practice questions — page 2

Explore 119 free Planning And Economy questions in UPSC CDS 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 31–60 of 119.

Nehru favoured which economic system, but not the Soviet version?Read the answer and worked solution →An economy where the government and the market together decide what, how and for whom to produce is:Read the answer and worked solution →India borrowed the idea of five year plans from:Read the answer and worked solution →A long-term plan covering twenty years is called a:Read the answer and worked solution →The Planning Commission was set up in 1950 with whom as its Chairperson?Read the answer and worked solution →The goals of the five year plans were growth, modernisation, self-reliance and:Read the answer and worked solution →The architect of Indian planning, whose ideas shaped the Second Plan, was:Read the answer and worked solution →By 1990 the share of the service sector in GDP was:Read the answer and worked solution →A farmer switching to new seed varieties illustrates the planning goal of:Read the answer and worked solution →Avoiding imports of goods that could be produced in India itself is the goal of:Read the answer and worked solution →Zamindars and jagirdars who collected rent without improving farms were called:Read the answer and worked solution →Low farm productivity at independence forced India to import food from:Read the answer and worked solution →Fixing the maximum size of land an individual may own is called:Read the answer and worked solution →Land reforms succeeded in Kerala and West Bengal because their governments were committed to:Read the answer and worked solution →The green revolution refers to a large increase in food grain output from HYV seeds especially for wheat and:Read the answer and worked solution →In its first phase, the green revolution was restricted to affluent states like Punjab, Andhra Pradesh and:Read the answer and worked solution →The part of farm produce that farmers sell in the market is called:Read the answer and worked solution →To let small farmers afford HYV inputs, the government gave low interest loans and:Read the answer and worked solution →The Second Plan spoke of the government controlling the ___ of the economy.Read the answer and worked solution →The Industrial Policy Resolution that classified industries into three categories was adopted in:Read the answer and worked solution →The 1955 committee that saw small-scale industries as a route to rural development was the:Read the answer and worked solution →Small-scale industries generate more employment because they are more:Read the answer and worked solution →Catch the plan goalsRead the answer and worked solution →Pop the economic systemsRead the answer and worked solution →Find the real termRead the answer and worked solution →Slice the planning wordsRead the answer and worked solution →Farm or industry policyRead the answer and worked solution →Which plan goalRead the answer and worked solution →Type the numberRead the answer and worked solution →Planning bingoRead the answer and worked solution →

Worked practice questions

Nehru favoured which economic system, but not the Soviet version?

  1. Socialism
  2. Feudalism
  3. Monarchy
  4. Anarchy
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Correct answer: A. Socialism

1. He rejected total state ownership. 2. He wanted a strong public sector with private property. 3. The outlook was socialism. _Source: syllabus Economics, Indian Economic Development, Chapter 2, Indian Economy 1950 to 1990._

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An economy where the government and the market together decide what, how and for whom to produce is:

  1. Barter economy
  2. Mixed economy
  3. Capitalist economy
  4. Socialist economy
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Correct answer: B. Mixed economy

1. Capitalism leaves it to the market. 2. Socialism leaves it to the state. 3. Sharing the job makes a mixed economy. _Source: syllabus Economics, Indian Economic Development, Chapter 2, Indian Economy 1950 to 1990._

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India borrowed the idea of five year plans from:

  1. The Soviet Union
  2. The United States
  3. Great Britain
  4. Imperial Japan
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Correct answer: A. The Soviet Union

1. Plans ran for five years each. 2. The idea came from the pioneer of national planning. 3. That was the Soviet Union. _Source: syllabus Economics, Indian Economic Development, Chapter 2, Indian Economy 1950 to 1990._

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