1. Which Five Year plan focused on Social Justice and Equality?
a. 8th plan
b. 9th plan
c. 10th plan
d. 11th plan
2. Planning Commission was set up in?
a. 1948
b. 1950
c. 1951
d. 1952
3. Chairman of planning Commission is…
a. Finance Minister
b. Prime Minister
c. Industry Minister
d. Agriculture Minister
4. Annual Plans were implemented during the period?
a. 1961-63
b. 1969-72
c. 1966-69
d. 1963-66
5. Fourth Five Year plan gave preference to..?
a. Self Reliance
b. Economic Stability, Self Reliance
c. Removal of poverty
d. Employment Generation
6. India has adopted?
a. Capitalism Economy
b. Socialism Economy
c. Mixed Economy
d. Feudalism Economy
7. Focus of the eighth Five Year plan is on?
a. poverty
b. agriculture
c. Industries
d. human Resources
8. Which is the correct statement?
a. 8th plan – 1992-97
b. 9th plan – 1996-2001
c. 4th plan – 1970-75
d. 6th plan – 1985-90
9. Which is the incorrect statement?
a. 1st plan – Agriculture Sector
b. 5th plan – Removal of Poverty
c. 6th plan – Employment & Technical Self Reliance
d. 10th plan – Faster & inclusive Economic growth
10. Chairman of the National Development Council is.
a. Finance Minister
b. Transport Minister
c. Prime Minister
d. Industry Minister
11. Involuntary Unemployment was explained by.?
a. Marshall
b. Adam Smith
c. J.M. Keynes
d. Pigou
12. TRYSEM was Targeted at.
a. Urban Youth
b. Rural Youth
c. Sub Urbon Youth
d. All the above
13. NABARD was Introduced in?
a. 1982
b. 1980
c. 1984
d. 1981
14. Which programme was merged in to JRY in 1989?
a. TRYSEM
b. IRDP
c. NREP
d. NRY
15. Sixth Five Year plan introduced?
a. Dwaraka
b. NREP
c. RLEGP
d. all the above
16. Who wrote the book “Asian Drama”?
a. D.P. Dhar
b. D.R. Gadgil
c. Gunnar Myrdal
d. Pigou
17. Which is correct statement?
a. MWS – 1988
b. GKY – 1997
c. AAY – 2000
d. PMRY – 2006
18. National Housing Bank was Introduced in?
a. 1984
b. 1988
c. 1992
d. 1998
19. Securities Exchange Board of India was Introduced In?
a. 1988
b. 1992
c. 1994
d. 1996
20. Steel Authority of India Ltd (SAIL) was set up in?
a. 1970
b. 1973
c. 1976
d. 1978
21. National Stock Exchange of India was set up In…
a. 1990
b. 1991
c. 1992
d. 1996
22. Industry Policy Resolution of 1948 divided Industries into?
a. 3 Categories
b. 4 Categories
c. 2 Categories
d. 5 Categories
23. Industrial policy- 1956 Reserved industries for public sector?
a. 14
b. 12
c. 17
d. 10
24. New Industrial policy was Introduced in?
a. 1977
b. 1991
c.1980
d.1985
25. UTI is a?
a. Mutual Fund
b. Stock Market
c. Insurance Company
d. National Bank
26. Which of the following is not Commercial Bank?
a. ICICI
b. AXIS
d. NHB
d. HDFC
27. Inflation leads to…
a. high profits
b. low profits
c. constant profits
d. None
28. Deflation leads to..
a. Boom
b. Recession
c. Depression
d. Progress
29. Inflationary gap was Introduced by..
a. J.M. Keynes
b. J.R. Hicks
c. A.C. pigou
d. Marshall
30. According to philips Curve, Relation between inflation an unemployment Rate is?
a. Negative
b. Possitive
c. Constant
d. No Relation
31. UNDP is a part of…
a. IMF
b. IBRD
c. UNO
d. ADB
32. The head Quarters of IMF is in..
a. Washington
b. London
c. Newyork
d. Berlin
33. Special Drawing Rights Scheme was initiated in?
a. 1950
b. 1965
c. 1970
d. 1980
34. Rupee Revaluation in India…
a. 1949
b. 1966
c. 1991
d.all of the above
35. India joined the World Trade Organisation in…?
a. 1948
b. 1970
c. 1995
d. 1999
36. Match the following.
| 1. C.S.O | a. 1992 |
| 2. N.D.C | b. 1950 |
| 3. NSSO | c. 1952 |
| 4. NSE | d. 1951 |
a. a, b, c, d
b. d, c, b, a
c. a, b, d, c
d. c, d, b, a
37. Kisan Credit Card Scheme was Introduced in..?
a. 1995
b. 1996
c. 1998
d. 2002
38. SIDBI introduced is a…?
a. SBI
b. IDBI
c. NHB
d. BIFR
39. Food Corporation of India was set up in…?
a. 1960
b. 1965
c. 1975
d. 1963
40. MRTP Act was Implemented in…?
a. 1960
b. 1970
c. 1980
d. 1985
41. Which is the correct statement?
1. 1st Industrial Policy – 1948
2. 2nd Industrial Policy – 1956
3. 3rd Industrial Policy – 1977
4. 4th Industrial Policy – 1991
a. 1, 2 is right
b. 3, 4 is right
c. 1, 2, 3 is right
d. all of the above
42. Match the following.
| 1. SICA Act | a. 1971 |
| 2. IRCI | b. 1964 |
| 3. BIFR | c. 1985 |
| 4. IDBI | d. 1987 |
a. a, b, c, d
b. d, c, b, a
c. c, a, d, b
d. b, d, a, c
43. Which is the in correct statement?
a. 1st plan – agriculture
b. 4th plan – Economic stability
c. 7th plan – Technical Self Reliance
d. 5th plan – Poverty Eradication
44. “Comprenensive Crop Insurence” Sche me was Implemented in?
a. 1984-85
b. 1985-86
c. 1988-89
d. 1990-91
45. Which is the correct statement.
1. Indicative plan Introduced France
2. Planing by Direction Introduced Russia
3. Rolling plan Introduced Nedarlands
4. Decentralised plan Introduced America
a. a, b, c
b. a, b, c, d
c. a, b
d. b, c, d
46. Perspective planning Refers to.
a. Rolling plan
b. Indicative plan
c. Annual plan
d. Long-term plan
47. Which is the incorrect statement.
a. 1985-90 – 7th plan
b. 1997-2002 – 9th plan
c. 1961-66 – 3rd plan
d. 1975-80 – 5th plan
48. Cash Reserve Ratio is governed by the?
a. RBI
b. SEI
c. SEBI
d. BSE&NSE
49. Census of population in India is done after?
a. 5 years
b. 10 years
c. 8 years
d. 6 years
50. Match the following.
| 1. LIC | a. 1985 |
| 2. GIC | b. 1956 |
| 3. SFC | c. 1972 |
| 4. IRBI | d. 1953 |
a. a, b, d, c
b. a, b, c, d
c. b, c, d, a
d. d, a, c, b
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