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- Question 1 of 20
1. Question
Which one of the following Five Year Plans recognised human development as the core of all development efforts? [1995]
CorrectIn the eight five year plan (1992-1997), the top priority was given to the development of the human resources i.e., employment, education, and public health.
IncorrectIn the eight five year plan (1992-1997), the top priority was given to the development of the human resources i.e., employment, education, and public health.
UnattemptedIn the eight five year plan (1992-1997), the top priority was given to the development of the human resources i.e., employment, education, and public health.
- Question 2 of 20
2. Question
Which of the following are among the non-plan expenditures of the Government of India? [1995, 1997]
1. Defence expenditure
2. Subsidies
3. All expenditures linked with the previous plan periods
4. Interest payment
Codes:CorrectNon-plan expenditures include nondevelopmental expenditure (interest payment, subsidies, defence expenditure, civil administration), developmental expenditure and expenditure incurred on projects which remained unfinished in the earlier plans.
IncorrectNon-plan expenditures include nondevelopmental expenditure (interest payment, subsidies, defence expenditure, civil administration), developmental expenditure and expenditure incurred on projects which remained unfinished in the earlier plans.
UnattemptedNon-plan expenditures include nondevelopmental expenditure (interest payment, subsidies, defence expenditure, civil administration), developmental expenditure and expenditure incurred on projects which remained unfinished in the earlier plans.
- Question 3 of 20
3. Question
What is the annual rate aimed in the Eighth Five Year Plan [1995]
CorrectThe targeted annual growth rate was 5.6% but the actual growth rate was 6.7%.
IncorrectThe targeted annual growth rate was 5.6% but the actual growth rate was 6.7%.
UnattemptedThe targeted annual growth rate was 5.6% but the actual growth rate was 6.7%.
- Question 4 of 20
4. Question
The largest source of financing the public sector outlay of the Eighth Five Year Plan comes from: [1995]
CorrectIncorrectUnattempted - Question 5 of 20
5. Question
The New Exim Policy announced in 1992, is for period of: [1995]
CorrectThe New Exim Policy was for five years (April 1, 1992 – March 31, 1997).
IncorrectThe New Exim Policy was for five years (April 1, 1992 – March 31, 1997).
UnattemptedThe New Exim Policy was for five years (April 1, 1992 – March 31, 1997).
- Question 6 of 20
6. Question
Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R).
Assertion (A) : An important policy instrument of economic liberalization is reduction in import duties on capital goods.
Reason (R) : Reduction in import duties would help the local entrepreneurs to improve technology to face the global markets.
In the context of the above two statements, which one of the following is correct? [1996]CorrectBoth statements are correct and explain one of the instruments to liberalise the Indian economy.
IncorrectBoth statements are correct and explain one of the instruments to liberalise the Indian economy.
UnattemptedBoth statements are correct and explain one of the instruments to liberalise the Indian economy.
- Question 7 of 20
7. Question
The Eighth Five Year Plan is different from the earliest ones. The critical difference lies in the fact that: [1996]
CorrectEighth Five Year Plan (1992-97) had a bigger outlay with energy being given 26.6% of total outlay to a cheque a targeted growth rate of 6.78% per annum.
IncorrectEighth Five Year Plan (1992-97) had a bigger outlay with energy being given 26.6% of total outlay to a cheque a targeted growth rate of 6.78% per annum.
UnattemptedEighth Five Year Plan (1992-97) had a bigger outlay with energy being given 26.6% of total outlay to a cheque a targeted growth rate of 6.78% per annum.
- Question 8 of 20
8. Question
Consider the following statements:
Most international agencies which find Development Programme in India on intergovernmental bilateral agreements, mainly provide: [1996]
1. Technical assistance
2. Soft loans which are required to be paid back with interest
3. Grants, not required to be paid back
4. Food assistance to be paid backCorrectA soft loan is a loan with a below market rate of interest. It also includes concessions to borrowers such as long repayment periods or interest holidays. Technical assistance is aid involving highly educated or trained personnel, such as doctors, who are moved into a developing country to assist with a program of development. Food assistance is given to countries in urgent need of food supplies, especially if they have just experienced a natural disaster. Grant is usually given to governments through individual countries, international aid agencies and through multilateral institutions such as the world Bank and by through development charities.
IncorrectA soft loan is a loan with a below market rate of interest. It also includes concessions to borrowers such as long repayment periods or interest holidays. Technical assistance is aid involving highly educated or trained personnel, such as doctors, who are moved into a developing country to assist with a program of development. Food assistance is given to countries in urgent need of food supplies, especially if they have just experienced a natural disaster. Grant is usually given to governments through individual countries, international aid agencies and through multilateral institutions such as the world Bank and by through development charities.
UnattemptedA soft loan is a loan with a below market rate of interest. It also includes concessions to borrowers such as long repayment periods or interest holidays. Technical assistance is aid involving highly educated or trained personnel, such as doctors, who are moved into a developing country to assist with a program of development. Food assistance is given to countries in urgent need of food supplies, especially if they have just experienced a natural disaster. Grant is usually given to governments through individual countries, international aid agencies and through multilateral institutions such as the world Bank and by through development charities.
- Question 9 of 20
9. Question
Consider the following items imported by India: [1996]
1. Capital goods
2. Petroleum
3. Pearls and precious stones
4. Chemicals
5. Iron and Steel
The correct sequence of the decreasing order of these items (as per 94-95 figures), in terms of value is:CorrectValue of import in India as per 94-95 figures
1. Petroleum oils and oils – US$ 3,285,560.58 million obtained from bituminou
2. Petroleum oils oils, etc.-US $ 2,642,351.87 millions (excl. crude), Preparation
3. Diamonds non-industrial-US $ 1,500, 668.80 million unworked or simply swanIncorrectValue of import in India as per 94-95 figures
1. Petroleum oils and oils – US$ 3,285,560.58 million obtained from bituminou
2. Petroleum oils oils, etc.-US $ 2,642,351.87 millions (excl. crude), Preparation
3. Diamonds non-industrial-US $ 1,500, 668.80 million unworked or simply swanUnattemptedValue of import in India as per 94-95 figures
1. Petroleum oils and oils – US$ 3,285,560.58 million obtained from bituminou
2. Petroleum oils oils, etc.-US $ 2,642,351.87 millions (excl. crude), Preparation
3. Diamonds non-industrial-US $ 1,500, 668.80 million unworked or simply swan - Question 10 of 20
10. Question
The Sixth and the Eighth Five Year Plans covered the period 1980-1985 and 1992-1997 respectively. The Seventh Five Year Plan covered the period: [1997]
CorrectPeriod between 1990-92 was second plan holiday. The first plan holiday was between 1966-69.
IncorrectPeriod between 1990-92 was second plan holiday. The first plan holiday was between 1966-69.
UnattemptedPeriod between 1990-92 was second plan holiday. The first plan holiday was between 1966-69.
- Question 11 of 20
11. Question
Economic Survey in India is published officially, every year by the: [1998]
CorrectEconomy Survey in India is published officially, every year by the Ministry of Finance, Govt. of India. and issued before the annual budget. It reviews the development in the Indian economy over the previous 12 months.
IncorrectEconomy Survey in India is published officially, every year by the Ministry of Finance, Govt. of India. and issued before the annual budget. It reviews the development in the Indian economy over the previous 12 months.
UnattemptedEconomy Survey in India is published officially, every year by the Ministry of Finance, Govt. of India. and issued before the annual budget. It reviews the development in the Indian economy over the previous 12 months.
- Question 12 of 20
12. Question
Which one of the following regions of the world supplies the maximum of our imported commodities (in terms of rupee value)? [1998]
CorrectIncorrectUnattempted - Question 13 of 20
13. Question
The planning process is the industries sector in India has assumed a relatively less important position in the nineties as compared to that in the earlier period. Which one of the following is not true in this regard? [1999]
CorrectStatement (a), (b) and (c) are true which explain the declining important position of industries sector after nineties in the planning process.
IncorrectStatement (a), (b) and (c) are true which explain the declining important position of industries sector after nineties in the planning process.
UnattemptedStatement (a), (b) and (c) are true which explain the declining important position of industries sector after nineties in the planning process.
- Question 14 of 20
14. Question
Which one of the following is the objective of National Renewal Fund? [1999]
CorrectThe concept of the National Renewal Fund was announced by the Government as a part of the New Industrial Policy, 1991. The Government established the National Renewal Fund (NRF) by a Government of India resolution on 3rd February, 1992.
IncorrectThe concept of the National Renewal Fund was announced by the Government as a part of the New Industrial Policy, 1991. The Government established the National Renewal Fund (NRF) by a Government of India resolution on 3rd February, 1992.
UnattemptedThe concept of the National Renewal Fund was announced by the Government as a part of the New Industrial Policy, 1991. The Government established the National Renewal Fund (NRF) by a Government of India resolution on 3rd February, 1992.
- Question 15 of 20
15. Question
The Employment Assurance Scheme envisages financial assistance to rural areas for guaranteeing employment to at least: [1999]
CorrectEmployment Assurance scheme was launched on 2nd October, 1993. It is open to all adult rural poor who are in need of wage employment. A maximum of two adults per family would be provided wage employment, when there is demand during lean agricultural season, subject to availability of funds.
IncorrectEmployment Assurance scheme was launched on 2nd October, 1993. It is open to all adult rural poor who are in need of wage employment. A maximum of two adults per family would be provided wage employment, when there is demand during lean agricultural season, subject to availability of funds.
UnattemptedEmployment Assurance scheme was launched on 2nd October, 1993. It is open to all adult rural poor who are in need of wage employment. A maximum of two adults per family would be provided wage employment, when there is demand during lean agricultural season, subject to availability of funds.
- Question 16 of 20
16. Question
A rise in ‘SENSEX’ means: [2000]
CorrectIncrease in SENSEX reflects the overall mood of the economy. A rise in it means that investors and FIIs are positive about the growth of Indian economy and expect that it will be sustained in future.
IncorrectIncrease in SENSEX reflects the overall mood of the economy. A rise in it means that investors and FIIs are positive about the growth of Indian economy and expect that it will be sustained in future.
UnattemptedIncrease in SENSEX reflects the overall mood of the economy. A rise in it means that investors and FIIs are positive about the growth of Indian economy and expect that it will be sustained in future.
- Question 17 of 20
17. Question
Assertion (A) : The rate of growth of India’s exports has shown an appreciable increase after 1991.
Reason (R) : The Govt. of India has resorted to devaluation. [2000]CorrectDevaluation of currency is conscious decision taken by Central bank of country to lower the external value of domestic currency. As a result of this Indian goods become cheaper for Foreigners. Import decrease and exports increases.
IncorrectDevaluation of currency is conscious decision taken by Central bank of country to lower the external value of domestic currency. As a result of this Indian goods become cheaper for Foreigners. Import decrease and exports increases.
UnattemptedDevaluation of currency is conscious decision taken by Central bank of country to lower the external value of domestic currency. As a result of this Indian goods become cheaper for Foreigners. Import decrease and exports increases.
- Question 18 of 20
18. Question
Match List I with List II and select the correct answer using the codes given below the lists: [2000]
List-I List-II
A. UN Development Programme 1. UN India Human Development Report
B. National Council of Applied Economic Research 2. India Development Report
C. Indira Gandhi Institute of Development Research 3. World Development Research
D. World Bank 4. Human Development Report
Codes:CorrectUN Development programme brings out UN India Human Development Report. National council of Applied Economic Research brings out India Development Report. Human Development Report is bring out by world Bank. World Development Research is carried out by Indira Gandhi Institute of Development Research.
IncorrectUN Development programme brings out UN India Human Development Report. National council of Applied Economic Research brings out India Development Report. Human Development Report is bring out by world Bank. World Development Research is carried out by Indira Gandhi Institute of Development Research.
UnattemptedUN Development programme brings out UN India Human Development Report. National council of Applied Economic Research brings out India Development Report. Human Development Report is bring out by world Bank. World Development Research is carried out by Indira Gandhi Institute of Development Research.
- Question 19 of 20
19. Question
“…instil into the vast millions of workers, men and women, who actually do the job, a sense of partnership and of cooperative performance…” The above passage relates to: [2000]
CorrectCommunity Development is a process where community members come together to take collective action and generate solutions to common problems. It seeks to empower individuals and groups of people with the skills they need to effect change within their communities.
IncorrectCommunity Development is a process where community members come together to take collective action and generate solutions to common problems. It seeks to empower individuals and groups of people with the skills they need to effect change within their communities.
UnattemptedCommunity Development is a process where community members come together to take collective action and generate solutions to common problems. It seeks to empower individuals and groups of people with the skills they need to effect change within their communities.
- Question 20 of 20
20. Question
Economic liberalisation in India started with: [2000]
CorrectEconomic liberalization in India started with industrial de-licensing.
IncorrectEconomic liberalization in India started with industrial de-licensing.
UnattemptedEconomic liberalization in India started with industrial de-licensing.