INDIAN ECONOMY MOCK TEST – CHAPTER 3

The concept of indicative planning was introduced by which of the following countries ?

Consider the following statements about India’s 8th five year plan –

1. Constitutional 73rd and 74th Amendment Acts were passed.
2. The government adopted the policy of Liberalisation, Privatisation and Globalisation.
3. MPLADS (Member of Parliament Local Area Development Scheme) was launched.
4. Actual growth rate exceeded target growth rate.

Which of the above is/are CORRECT ?

In which year, the Indian National Con­gress appointed, for the first time, the National Planning Committee (NPC) to prepare a plan for economic development of India ?

During which five year plan, India became the member of World Trade Organisation ?

Match the columns –

During which five year plan of India, Right to Education  (RTE) was included in the list of Fundamental Rights guaranteed under Part III of the Constitution ?

Consider the following statements about NITI Aayog –

1. It is an extra constitutional body.
2. It is an extra statutory body.

Which of the above is/are INCORRECT ?

During which five year plans of India, MGNREGA scheme was introduced ?

1. Atal Innovation Mission is a program of Ministry of Science and Technology.
2. Self-Employment and Talent Utilisation (SETU) is a program of Ministry of Human Resource and Development.

Which of the above statements is/are CORRECT ?

Which of the followings statements about 10^th five year plan of India is/are CORRECT ?

1. Public Private Partnership (PPP) model of infrastructure development was introduced.
2. Fiscal Responsibility and Budget Management Act was passed.

Women Entrepreneurship Platform (WEP) is an initiative by

Which five year plan of India introduced the concept of Inclusive Growth in national planning ?

Consider the following statements about ‘Women Transforming India’ Awards –

1. It is an annual event.
2. It is organised by National Commission for Women.
3. It was held for the first time in 2015.

Which of the above is/are TRUE ?

Right to Education (RTE) Act was passed during which of the following five year plans of India ?

Who among the following is/are members of NITI Aayog ?

1. Prime Minister of India.
2. President of India.
3. Chief Ministers of all the states.
4. Governors of all the states.
5. Administrators/Lieutenant Governors of all the UTs.

Consider the following statements –

1. Only a fraction of the Central Sector Schemes is sponsored by the Union government.
2. Centrally Sponsored Schemes deal with only subjects in the Union List.

Which of the above is/are TRUE ?

Which five year plan of India was based on Harrod-Domar Model ?

Which five year plan of India was based on Mahalanobis model ?

Consider the following statements –

1. Life Insurance Corporation (LIC) was set up in 1956.
2. LIC is the first insurance company of India.

Which of the above is/are TRUE ?

Which of the following statements is INCORRECT ?

IndiaChain is a project of

Under which five year plan Food Corporation of India was set up ?

Match the column

Consider the following statements regarding the fourth five year plan of India –

1. It was based on Gadgil Model.
2. It nationalised banks and coal mines.
3. India conducted Pokhran tests during this period.

Which of the above is/are CORRECT ?

During which five year plans of India, poverty eradication became the focus area of the Union government ?

Which of the following is the first bank established in India ?

Which five year plans of India is the first one to have achieved its growth targets ?

Which five year plan of India reoriented planning from Imperative to Indicative ?

India’s Balance of Payment (BoP) crisis happened during which of the following five year plans ?

Match the columns –