Free Online Practice Test – Indian Economy -2

Indian Economy Online Test, Free Online Practice Test on Indian Economy

Free Online Practice Test on Indian Economy for UPSC Prelims, SSC, IBPS, TSPSC and APPSC Group -1, Group -2 and Group -3

We are posting online practice test on Indian Economy.

In this online test, there are 34 Questions from Planning in India.

All Questions are of multiple choice questions only.

We have also included questions from previous examinations like UPSC, IBPS, SSC etc.

Practicing questions is very important to achieve success in competitive exams like UPSC Prelims, SSC CGL, IBPS, APPSC and TSPSC Group -1, Group -2 and Group -3 exams.

After submitting the test, you can see your results on screen.

Question 1

What is the correct sequence of the following strategies used for Five Year Plans in India?

1. Balanced growth

2. Rehabilitation of the economy

3. lndustrial development

Question 2

Consider the following about the 'Rolling Plan':

I. A plan for the current year which includes the annual budget

II. A plan for a fixed number of years, say 3, 4 or 5

III. It is revised every year as per requirements of the economy

IV. A perspective plan for 10, 15 or 20 years

Which of the above are correct? [BPSC 2011]

Question 3

In which of the Five Year Plans, preference was given to the weaker sections of the society ?

Question 4

In the context of India's Five Year Plans, a shift in the pattern of industrialization, with lower emphasis on heavy industries and more on infrastructure begins in [IAS 2010]

Question 5

Match the following:

List -I List-II

A. Year of the Great Divide 1. 1950

B. Industrial Policy Resolution 2. 1921

C. Setting up of Planning Commission 3. 1969

D. Nationalisation of 14 Commercial banks 4. 1956

Question 6

A "closed economy" is an economy in which [CSAT 2011]

Question 7

In India, the concepts of "minimum heeds" and "directed anti-poverty programmes" were the innovations of: [CDS 2004]

Question 8

Dadabhai Naoroji theorised on the drain of wealth from India in his book:

Question 9

The Nehru-Mahalanobis strategy of development guided the planning practice in India from the [CDS 2012]

Question 10

Match the following : [CDS 2011]

Five Year Plan Emphasis

A. First 1. Food Security and women empowerment

B. Second 2. Heavy industries

C. Fifth 3. Agriculture and community development

D. Ninth 4. Removal of poverty


Question 11

During which Plan did prices show a decline?

Question 12

The 11th Five Year Plan strategy to raise agricultural output envisages which of the following?

1. Greater attention to land reforms.

2. Double the rate of growth of irrigated area.

3. Promote animal husbandry and fishery.

4. Interest free credit to the farmers.
Select the correct answer [CDS 2008]

Question 13

73. Which of the following is/are a/ an indicator of the financial health of a country? [UBI
PO 2010]
(C) FDI in a year

Question 14

The objective of self-reliance and zero net foreign aid was declared in :

Question 15

Which one of the following Five-Year Plans recognised human development as the core of all developmental efforts? [IAS 1995]

Question 16

Which one of the following is a driving force influencing the industrial growth of an economy? [Corporation' Bank PO 2011]

Question 17

The steel plants at Durgapur, Bhilai and Rourkela were established during the period of:

Question 18

During which Five Year Plan was the total expenditure on agriculture the highest?

Question 19

Which statement is correct for Indian Planning Commission?

Question 20

Who among the following was the first Chairman of the Planning Commission? [CDS

Question 21

Which of the statements given below is/are correct? [CDS 2008]

1. Food for Work Programme was launched in India during the 10th Five Year Plan.
2. The Planning Commission in India is a constitutional body.

Question 22

In the context of Indian economy, consider the following pairs:

Term Most appropriate description

1. Melt down Fall in stock prices

2. Recession Fall in growth rate

3. Slow down Fall in GDP

Which of the pairs given above is/are correctly matched? [IAS 2010]

Question 23

Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India ? [IAS 2007]

Question 24

Which of the following is NOT a function of the Planning Commission of India? [RBI Grade B Officer 2011]

Question 25

Among the achievements of Indian planning, we may include:
1. development of strong infrastructure
2. diversification of industry and exports
3. high growth of national income
4. strong control over prices

Question 26

Which of the following may be termed as long-term objectives of Indian planning?

1. Self-reliance

2. Productive employment generation

3. Growth of 7 per cent per annum

4. Growth in infrastructure

Question 27

In which Plan was the growth rate target exceeded?

Question 28

Put in chronological order the following Special features/objectives of different Five Year Plans as they were first formulated:
1. Mahalanobis strategy
2. Modernisation
3. Removal of Poverty
4. Emphasis on employment generation

Question 29

Success of 4th plan was obstructed by :

Question 30

Who of the following was the author of the chapter on "Objectives of Planned Development" for the Third Five Year Plan? [IAS 2008]

Question 31

Which of the following statements about the Indian Economy is correct? [RBI Grade B Officer 2011]

Question 32

In which one of the following five year plans the actual growth performance in India in respect of GDP (at factor cost) was less than the target set? [NDA 2008]

Question 33

The Second Five Year Plan laid more stress upon:

Question 34

Which of the following features indicate that Indian economy is of the developing category?

I. Occupation mainly agricultural

II. Chronic unemployment

III. Poor quality of human capital

IV. Low per capita intake of proteins


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