Economics (Part – XIV)

11. What was the main objective of the third five year plan in India? [S.S.C. Online C.G.L. (T-I)11.08.2017(Shift-II)]

(a) Rural Development
(b) Agriculture
(c) Economic Inclusion
(d) economic reforms

Correct Answer: (b) Agriculture

Solution:The Third Five Year Plan in India was implemented between 1961-1966. The main objective of this plan was special emphasis on the agricultural sector (food grains) for the development of basic industries.

12. The operational period of 12th Five Year Plan is: [S.S.C. Online C.G.L.(T-I) 7.09.2016 (Shift-II) SS.C. Online CHSL (T-I) 17.03.2020 (Shift-II)]

(a) 2007-12
(b) 2012-17
(c) 2015-20
(d) 2005-10

Correct Answer: (b) 2012-17

Solution:The 12th Five Year Plan of the Government of India (2012-17) is under drafting which aims in one direction will help in doing so with the growth rate at 8%.

13. In which year did the 12ᵗʰ Five Year Plan end? [S.S.C. JE Civil Exams 23.03.2021 (Shift-II)]

(a) 2018
(b) 2015
(c) 2016
(d) 2017

Correct Answer: (d) 2017

Solution:

The 12th Five Year Plan of the Government of India (2012-17) is under drafting which aims in one direction will help in doing so with the growth rate at 8%.

14. Which of the Five Year Plans has laid emphasis on 'faster, sustainable and inclusive growth'? [S.S.C. Online C.P.O.S.L. (T-I) 3.07.2017 (Shift-II) S.S.C. Online Constable GD 18.02.2019 (Shift-III)]

(a) 10th Five Year Plan
(b) 12th Five Year Plan
(c) 7th Five Year Plan
(d) 11th Five Year Plan

Correct Answer: (b) 12th Five Year Plan

Solution:The 12th Five Year Plan of the Government of India (2012-17) is under drafting which aims in one direction will help in doing so with the growth rate at 8%.

15. Establishment of Chittaranjan Locomotive took place during which Five Year Plan? [S.S.C. Online C.P.O.S.I. (T-I) 1.07.2017 (Shift-II)]

(a) second
(b) Third
(c) Fourth
(d) first

Correct Answer: (d) first

Solution:The First Five-year Plan was launched in 1951 which mainly focused on the development of the primary sector. Establishment of Chittaranjan Locomotive took place during this First Five Year Plan.

16. What was the main objective of the first five year plan? [S.S.C. Online Stenographer, 14.09.2017 (Shift-I)]

(a) self-sufficient
(b) Industrial Development
(c) economic development
(d) Agricultural Development

Correct Answer: (d) Agricultural Development

Solution:The main objective of the first five year plan was agricultural development. Its period was 1951-56, while the targeted and actual growth was 2.1 and 3.6 percent respectively. It was based on the Harrod Domar model.

17. The first Five-Year Plan's main emphasis was to improve the condition of agriculture in India. The plan began in the year: [S.S.C. Online CHSL (T-I) 15.10.2020 (Shift-II)]

(a) 1951
(b) 1949
(c) 1952
(d) 1953

Correct Answer: (a) 1951

18. IPR 1956 formed the basis of the _________ Five Year Plan of India. [S.S.C. Online CGL (T-I) 18.08.2021 (Shift-II)]

(a) First
(b) Second
(c) Third
(d) Fourth

Correct Answer: (b) Second

Solution:The Industrial Policy Resolution (IPR) of 1956 formed the basis of the Second Five Year Plan, the plan which tried to build the basis for a socialist pattern of society.

19. The period of second Five Year Plan in India was: [S.S.C. Online CHSL (T-I) 19.03.2020 (Shift-I)]

(a) 1951-56
(b) 1961-66
(c) 1956-61
(d) 1969-74

Solution:1956-61 was the duration of the Second Five Year Plan. The Second Five Year Plan was based on the Mahalanobis Model. Its main focus was on the indus-trial development of the country.

20. Which of the following Five Year Plans can be strategically associated with the Green Revolution? [S.S.C. Online CHSL (T-I) 15.03.2018 (Shift-II)]

(a) Second Five Year Plan
(b) Seventh Five Year Plan
(c) Fourth Five Year Plan
(d) Sixth Five Year Plan

Correct Answer: (c) Fourth Five Year Plan

Solution:The Green Revolution can be associated with the 4th Five Year Plan (1969-1974). The Green Revolution ushered in a new era in agriculture with the use of High Yielding Variety seeds, pesticides, fertilizers etc. in the country. Dr. Norman Borlaug is known as the 'Father of Green Revolution' in the world whereas in India, Dr. MS Swaminathan is the main architect of the Green Revolution.