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Planning interview questions and answers

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The Bombay plan drafted by GD Birla and JRD Tata emphasised
  • That the economy should be left to the dynamic investments by the private sector in heavy industries
  • The public sector investments in infrastructure and heavy industries
  • annual planning
  • that the private sector should foot the bill for intensive and low return investments in the industrial sector
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  • Answer
  • b) The public sector investments in infrastructure and heavy industries
Which one among the following statements regarding the Eigth Five Year Plan in India is not correct ?
  • The plan was postponed by two years because of political upheavals at the centre.
  • It aimed at high growth of both agriculture and manufacturing sectors
  • It emphasis was on growth in export and import, improvement in trade and current account deficit.
  • It set before itself the two principal objectives of 'growth with stability' and 'growth with justice'
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  • Answer
  • b) It aimed at high growth of both agriculture and manufacturing sectors
Planning in India drews on
  • The new economic programme of lenin
  • The fabian socialism of sidney and beatrice Web
  • the british welfare mechanism
  • new democratic development packages
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  • a) The new economic programme of lenin
The highest body that approves five year plans in India is
  • Planning Commission
  • National Development Council
  • Interstate Council
  • Union Cabinet
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  • b) National Development Council
Economic planning is in
  • Union List
  • State List
  • Concurrent List
  • None of these
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  • Answer
  • c) Concurrent List