Planning (Part – III) - Mock Test 365

Total Questions: 58

11. Who among the following has not been the Deputy Chairman of the Planning Commission in India? [Uttarakhand U.D.A./L.D.A. (Pre) 2003]

(a) Dr. Manmohan Singh
(b) Pranab Mukherjee
(c) P. Chidambaram
(d) Montek S. Ahluwalia

Correct Answer: (c) P. Chidambaram

Solution:P. Chidambaram has not been the Deputy Chairman of the Planning Commission. While Dr. Manmohan Singh was the Deputy Chairman of Planning Commission from January, 1985 to August, 1987; Pranab Mukherjee from June, 1991 to May, 1996; and Montek Singh Ahluwalia from July, 2004 to May, 2014.

12. Who among the following is Chairman of the Planning Commission of India? [Uttarakhand P.C.S. (Pre) 2005]

(a) Prof. A. M. Khusro
(b) N. K. P. Salve
(c) M. S. Ahaluwalia
(d) None of the above

Correct Answer: (d) None of the above

Solution:Professor A.M.Khusro, N.K.P. Salve and M.S. Ahluwalia have never been the Chairman of the Planning Commission. M.S. Ahaluwalia was the Deputy Chairman of the Planning Commission from July, 2004 to May, 2014. The composition of the Planning Commission underwent considerable changes since its initiation. With the Prime Minister as the ex-officio Chairman, the Planning Commission had a nominated Deputy Chairman, with the rank and status of a Cabinet Minister.

13. The ex-officio chairman of Planning Commission is: [M.P. P.C.S. (Pre) 2013]

(a) President of India
(b) Prime Minister of India
(c) Finance Minister of India
(d) Finance Secretary of India

Correct Answer: (b) Prime Minister of India

14. Which of the following are associated with 'Planning' in India? [I.A.S. (Pre) 2014]

1. The Finance Commission

2. The National Development Council

3. The Union Ministry of Rural Development

4. The Union Ministry of Urban Development

5. Parliament

Select the correct answer using the code given below.

(a) 1, 2 and 5 only
(b) 1,3 and 4 only
(c) 2 and 5 only
(d) 1,2,3,4 and 5

Correct Answer: (c) 2 and 5 only

Solution:Among the given institutions/bodies, National Development Council and the Parliament are associated with 'Planning' in India. Plan prepared by the erstwhile Planning commission was to be finally approved by the National Development Council and after its approval, the Plan was presented in the Parliament.

15. 'India Vision 2020' is prepared by: [M.P.P.C.S. (Pre) 2017]

(a) S.P. Gupta Committee
(b) Panth Committee
(c) Malhotra Committee
(d) Narasimham Committee

Correct Answer: (a) S.P. Gupta Committee

Solution:The Planning Commission constituted a committee on Vision 2020 for India in June, 2000 under the Chairmanship of Dr. S.P. Gupta, a Member of the Planning Commission. This initiative brought together over 30 experts from different fields. The Report of the Committee examines many important issues, but the ones that stand out most powerfully are employment and education.

16. Planning was considered Prerequisite: [U.P.P.C.S. (Pre) 2009, U.P.P.C.S. (Mains) 2016]

1. for balanced socio-economic development.

2. for extending the benefits of development in an even manner.

3. for focusing on removal of regional disparities.

4. for maximizing the utilization of available resources.

Select the correct answer from the codes given below:

(a) 1 and 2
(b) 1, 2 and 3
(c) 2, 3 and 4
(d) All the four

Correct Answer: (d) All the four

Solution:In a nation, planning is adopted for the following purposes -

1. For balanced socio-economic development.

2. To broaden the benefits of development uniformly.

3. To concentrate on removing the regional disparities.

4. To make the maximum use of available resources.

Hence all the four statements are correct.

17. The basic difference between imperative and indicative planning is that: [I.A.S. (Pre) 1993]

(a) in the case of the imperative planning the market mechanism is entirely replaced by a command hierarchy, while in the case of indicative planning, it is looked upon as a way to improve the functioning of market system.
(b) in the case of indicative planning there is no need to nationalize any industry.
(c) in the case of indicative planning all economic activities belong to public sector, while in the other type they belong to the private sector.
(d) it is easier to achieve targets in imperative type of 4 planning.

Correct Answer: (a) in the case of the imperative planning the market mechanism is entirely replaced by a command hierarchy, while in the case of indicative planning, it is looked upon as a way to improve the functioning of market system.

Solution:In imperative planning, economic decisions are made through the centralized planning authority usually the government and the market forces of demand and supply have a very limited role to play in such centralized system. In indicative planning, the role of the state is to indicate and provide directions and support to the market for their functioning. Indicative planning serves to complement and enhance the market, as oppose to replace the market mechanism (in imperative planning), hence it is adopted in market-based and mixed economies.

18. At present, where from the maximum resources are mobilised for India's public expenditure under plans? [Chhattisgarh P.C.S. (Pre) 2013]

(a) From current receipts
(b) From abroad
(c) From public enterprises
(d) From borrowings
(e) From deficit

Correct Answer: (d) From borrowings

Solution:The maximum resources are mobilised from borrowings for India's public expenditure under plans. Public debt is the total amount, including total liabilities, borrowed by the government to meet its development budget. The sources of public debt are dated government securities (G-Secs), treasury bills, external assistance, short-term borrowings and securities issued against small savings (Public account) etc.

19. Under Gadgil-Mukherjee Formula, the higher weightage is given to [U.P.P .C.S. (Mains) 2008]

(a) Performance
(b) Per Capita Income
(c) Population
(d) Special problems

Correct Answer: (c) Population

Solution:Under Gadgil-Mukherjee Formula, the higher weightage was given to population (1971), which was at 60 percent. The Gadgil-Mukherjee Formula made the basis of allocation during 8th Five Year Plan (1992-97) and it has since been use for the allocation of Central Plan Assistance. Under this formula, the weightage for various criteria were as follows:

1. 60 percent on the basis of population.

2. 25 percent on the basis of per capita income

3. 7.5 percent on the basis of fiscal management, tax effort and progress in respect of national objectives

4. 7.5 percent on the basis of special problems.

20. 'National Planning Committee' was set up by: [M.P.P.C.S. (Pre) 2013]

(a) Jawaharlal Nehru
(b) A. Dalal
(c) Subhash Chandra Bose
(d) Lal Bahadur Shastri

Correct Answer: (c) Subhash Chandra Bose

Solution:National Planning Committee was constituted by the then President of the Congress (Subhash Chandra Bose) in October, 1938. Bose requested Pandit Jawaharlal Nehru to become its Chairman.

« Previous 123 4 5 6 Next »

Planning (Part – III)