What Do You Know About Economic And Social Development? Quiz

10 Questions | Total Attempts: 1682

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Economics Quizzes & Trivia

For one to be successful, be it a person, institution, or country, there needs to be a plan in which ends with you having economic as well as social development. Have you been as attentive in class as you think or do you need to test it out? Take up this quiz and get to see just how much you remember. All the best!


Questions and Answers
  • 1. 
    What does the philosophy behind economic planning recognizes?
    • A. 

      Markets & price system alone cannot ensure human welfare

    • B. 

      Human beings are essentially selfish

    • C. 

      Public sector is inherently superior

    • D. 

      None of these

  • 2. 
    Who chaired National Planning Committee (1938)?
    • A. 

      Motilal Nehru

    • B. 

      Mahatma Gandhi

    • C. 

      Indira Gandhi

    • D. 

      Jawaharlal Nehru

  • 3. 
    'Planned Economy for India' (1934) was the work of?
    • A. 

      Motilal Nehru

    • B. 

      M. Visveswaraya

    • C. 

      Indira Gandhi

    • D. 

      Jawaharlal Nehru

  • 4. 
    The Planning Commission was set up in keeping the directive principles in which of the following article?
    • A. 

      Article 22

    • B. 

      Article 50

    • C. 

      Article 39

    • D. 

      None of these

  • 5. 
    What is Structural Planning?
    • A. 

      Centralized planning

    • B. 

      Laying down broad goals and strategies

    • C. 

      Changing existing institutions or creating new ones

    • D. 

      None of these

  • 6. 
    The First five year Plan adopted?
    • A. 

      Mahalanobis model

    • B. 

      Lewis-Fei model

    • C. 

      Harrod Domar model

    • D. 

      None of these

  • 7. 
    The scope of land reforms does not include which of the following?
    • A. 

      Housing loans to farmers

    • B. 

      Abolition of intermediaries

    • C. 

      Cooperative farming

    • D. 

      None of these

  • 8. 
    What was the purpose of the tenancy reform legislation?1. Conferment of ownership right on tenants in some cases2. Enact fixation of air rent3. Afford security if tenure to tenants
    • A. 

      Only 1

    • B. 

      Only 2

    • C. 

      Only 3

    • D. 

      1, 2 and 3

  • 9. 
    __________ operates at the district level.
    • A. 

      Central Cooperative Bank

    • B. 

      The Reserve Bank ofIndia

    • C. 

      Primary Agricultural Credit Society

    • D. 

      None of these

  • 10. 
    The Green Revolution has led to marked increase in which of the following?I. Productivity of wheatII. Productivity of pulsesIII. Regional inequalitiesIV. Inter-personal inequalities
    • A. 

      Only 1

    • B. 

      Only 2

    • C. 

      Both 1 and 2

    • D. 

      Neither 1 nor 2