Economic Planning for India
Trending Questions
Q.
According to the five-step model of the marketing process, the first step in marketing is ______.
Understanding the marketplace, and customer needs and wants
Engaging customers, building profitable relationships and creating customer delight
Capturing value from customers to create profits and customer equity
Designing a customer-driven marketing strategy
Constructing an integrated marketing program that delivers superior value
Q. Identify the sectors that coexist in a mixed economy model.
- Public sector
- Industrial sector
- Joint sector
- Private sector
Q. India adopted a
- capitalistic
- socialistic
- mixed economy
Q. The
- government
- Planning Commission
- industries
Q. We know that economic planning was taken up by the Planning Commission from 1951. However, the economic planning of India started much before this. Which of the following were a part of the planning for the economic development of the country?
- National Planning Committee by the Indian National Congress in 1938
- Bombay Plan and Gandhian Plan in 1944
- Committee for Planning in 1935
- People's Plan in 1945
Q. Identify why the capitalist way of economic development would not have worked for the Indian economy.
- The profit-making motive would have benefitted the government.
- It was not profit-oriented and only the rich would have benefitted.
- It involved a lot of money, and only the rich would have benefitted.
- The profit-making motive would have harmed the poor people.
Q. Which of the following options incorrectly define economic planning?
- A process under which the set objectives of economic development are to be achieved in a determined period of time.
- A process under which the set objectives of economic development are to be achieved in a year.
- A process under which the set objectives of social development are to be achieved in a determined period of time.
- A process under which the set objectives of political development are to be achieved in a determined period of time.
