1. Remembering (Knowledge-Based Questions)
What was the main objective of India’s Planned Development after independence?
a) Rapid industrialization
b) Strengthening British rule
c) Encouraging capitalism
d) Promoting monarchyWhich institution was set up in 1950 to formulate Five-Year Plans?
a) Planning Commission
b) Election Commission
c) Reserve Bank of India
d) Finance MinistryWho was the first Chairman of the Planning Commission?
a) Sardar Patel
b) B.R. Ambedkar
c) Jawaharlal Nehru
d) Indira GandhiWhich economic model influenced India’s planned economy?
a) American Capitalist Model
b) Soviet Socialist Model
c) British Colonial Model
d) Chinese Maoist ModelIn which year was the First Five-Year Plan launched?
a) 1947
b) 1951
c) 1956
d) 1961
2. Understanding (Comprehension-Based Questions)
What was the main focus of the First Five-Year Plan (1951-1956)?
a) Heavy industries
b) Agriculture and irrigation
c) Space research
d) PrivatizationWhy was the Second Five-Year Plan (1956-1961) significant?
a) It focused on heavy industries and industrialization
b) It promoted only agriculture
c) It was the last Five-Year Plan
d) It was canceled due to economic crisesWhat was the role of the Planning Commission in India’s development?
a) To prepare and implement economic plans
b) To conduct elections
c) To manage foreign relations
d) To regulate the judiciaryWhy did India adopt a mixed economy model?
a) To balance socialism and capitalism
b) To completely follow the Soviet system
c) To avoid foreign investment
d) To become a dictatorshipHow did Land Reforms support India’s planned development?
a) By redistributing land to poor farmers
b) By encouraging landlords
c) By stopping agricultural production
d) By increasing tax rates
3. Applying (Application-Based Questions)
If you were an economic planner in 1950, which sector would you prioritize for India’s growth?
a) Agriculture
b) Heavy industries
c) Space technology
d) Information technologyHow would India’s economy be different today if it had focused more on private enterprises in the 1950s?
a) Faster industrial growth
b) Economic instability
c) More government control
d) No economic changeHow did the Green Revolution (1960s) help India’s planned development?
a) It increased agricultural production
b) It led to food shortages
c) It focused only on urban development
d) It abolished land reformsWhat could the government have done to improve the impact of Five-Year Plans?
a) Increase foreign investment
b) Reduce public sector involvement
c) Improve implementation and reduce corruption
d) End planned developmentHow did economic planning affect poverty reduction in India?
a) It improved rural employment and living standards
b) It increased the wealth gap
c) It had no effect on poverty
d) It only benefited the rich
4. Analyzing (Analysis-Based Questions)
Why did India shift from a public sector-led economy to liberalization in 1991?
a) Due to an economic crisis and global trends
b) Because socialism failed
c) To increase government control
d) Due to pressure from farmersWhat were the challenges faced by the Second Five-Year Plan?
a) Lack of capital and foreign exchange
b) Overproduction in agriculture
c) Excess privatization
d) No challenges were facedWhy did the government focus on public sector industries in early Five-Year Plans?
a) To promote self-reliance and economic stability
b) To reduce employment
c) To allow foreign companies to dominate
d) To weaken the private sectorWhat impact did economic planning have on India’s industrial sector?
a) Growth of heavy industries like steel and machinery
b) Complete privatization of industries
c) Decline of manufacturing
d) Reduction in government spendingHow did the Emergency (1975-77) impact India’s planned development?
a) It slowed down economic growth
b) It boosted private sector growth
c) It stopped all Five-Year Plans
d) It encouraged free-market policies
5. Evaluating (Evaluation-Based Questions)
Was India’s decision to adopt a mixed economy successful?
a) Yes, it balanced growth and equity
b) No, it slowed down economic progress
c) Yes, it made India a global economic power
d) No, it led to economic collapseWas the public sector-led development model sustainable for India?
a) Yes, in the initial years, but later reforms were needed
b) No, it should have been fully capitalist
c) Yes, it should have continued forever
d) No, it weakened economic progressDo you think Five-Year Plans were effective in achieving India’s development goals?
a) Yes, but implementation was weak
b) No, they failed to bring economic growth
c) Yes, they made India a developed nation
d) No, they only benefited a few sections of society
6. Creating (Synthesis-Based Questions)
If you were designing India’s first economic plan, what key areas would you focus on?
a) Agriculture, infrastructure, and education
b) Military expansion
c) Only private sector growth
d) Reducing foreign tradeSuggest an alternative economic strategy India could have followed instead of Five-Year Plans.
a) Free-market economy with more private sector involvement
b) A complete socialist economy
c) No government involvement in development
d) Dependence on foreign aid
No comments:
Post a Comment