Economic Planning AFCAT Questions

AFCAT Indian Economy

Economic Planning MCQ Questions


1.
Sir M. Visvesvaraya, a noted civil engineer and Diwan of Mysore, made one of the earliest individual proposals for planned economic development in India through his book:
A.
'Hind Swaraj'
B.
'Planned Economy for India'
C.
'Poverty and Unbritish Rule in India'
D.
'The Discovery of India'
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ANSWER :
B. 'Planned Economy for India'
2.
The National Planning Committee (NPC), the first organised attempt at national-level economic planning in India, was set up in 1938 on the initiative of which Indian National Congress President?
A.
Sardar Vallabhbhai Patel
B.
Subhas Chandra Bose
C.
Jawaharlal Nehru
D.
Mahatma Gandhi
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ANSWER :
B. Subhas Chandra Bose
3.
Although the National Planning Committee was set up on the initiative of Subhas Chandra Bose in 1938, its Chairman was:
A.
Jawaharlal Nehru
B.
Subhas Chandra Bose himself
C.
Dr. B.R. Ambedkar
D.
Dr. Rajendra Prasad
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ANSWER :
A. Jawaharlal Nehru
4.
The 'Bombay Plan' of 1944, formally titled 'A Brief Memorandum Outlining a Plan of Economic Development for India', was prepared by:
A.
A group of British colonial civil servants
B.
A group of eight leading Indian industrialists, including JRD Tata and G.D. Birla
C.
A committee of Gandhian social workers
D.
A panel of Soviet economic advisers
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ANSWER :
B. A group of eight leading Indian industrialists, including JRD Tata and G.D. Birla
5.
The 'Gandhian Plan' of 1944, prepared by Shriman Narayan Agarwal, placed central emphasis on:
A.
A decentralised economy built around self-sufficient villages, with priority given to agriculture and small-scale and cottage industries
B.
Complete state ownership and collectivisation of all land
C.
Rapid heavy industrialisation led by large public sector enterprises
D.
Export-led growth driven by large multinational investment
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ANSWER :
A. A decentralised economy built around self-sufficient villages, with priority given to agriculture and small-scale and cottage industries
6.
The 'People's Plan' of 1945, prepared by M.N. Roy, was distinguished from the Bombay Plan mainly by its advocacy of:
A.
Exclusive focus on developing India's export sector
B.
Complete reliance on private capitalist industrialists with no role for the State
C.
Nationalisation of land and a state-led, collectivised approach prioritising agriculture and consumer goods industries
D.
Abolition of all forms of industrial production
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ANSWER :
C. Nationalisation of land and a state-led, collectivised approach prioritising agriculture and consumer goods industries