Goals of Planning

Q.

Explain 'growth with equity' as a planning objective.

Q. The half life of Bi(A=210) is 5 days. In how much time (7/8)th part of sample will decay

Q.

What is sectoral composition of an economy? Is it necessary that the service sector should contribute maximum to GDP of an economy? Comment.

Q.

What are the alternative measures of economic development?

Q.

Explain various sources of human capital formation.

Q.

Write a critical review of the New Economic Policy.

Q.

Why was it necessary for a developing country like India to follow self-reliance as a planning objective?

Q.

Subsidy on diesel oil is a wasteful expenditure by the government. Write one point in support of this observation and one against it.

Q.

What are the 7 principles of economic development?

Q.

In your opinion, what are the advantages of privatisation to the economy?

Q. Increase in a country's capacity to produce output of goods and services is referred to as .

1. self-reliance
2. growth
3. modernisation
4. equity

Q.

Who formulates plans in India?

Q.

Which of the following describes “structural change” of the economy?

1. None of the above

2. Change in shares of sectors’ contributions to GDP

3. Change in age composition of the population

4. Change from labour-abundant t capital-abundant economy

Q. If a country is promoting growth through imports of foodgrains and other consumer items, it is NOT .

1. equitable
2. wealthy
3. self-reliant
4. modernising

Q. Define TR, AR and MR. Discuss the relationship between AR and MR.

Q. The change in the country's sectoral shares to GDP is termed as change.

1. sectoral
2. organisational
3. workforce
4. structural

Q. Answer the following questions:

1) What is double counting of national income?
2) What are the features of national income?
3) Explain the concept of Gross domestic product at market prices.
4) State the precautions while using expenditure method to measure national income.
5) Explain the income method of measuring national income.

Q.

When was the planning commission set up ?

1. 1949

2. 1959

3. 1850

4. 1950

Q. Which of the following is not a method of estimating national income?

1. Income method
2. Value - added method
3. Expenditure method
4. Export - import method

Q. From which year did the 11th five year plan start?

1. 2008
2. 2010
3. 2007
4. 2006

Q. State with reasons whether you agree or disagree with the following statements:

The money value of intermediate goods is not included in the estimation of national income.

Q.

When was the planning commission set up?

Q. State whether the following statements are True or False.
Indian planning is democratic in nature.

1. True
2. False

Q. In India, plans had a duration of .

1. 6 months
2. 1 year
3. 5 years
4. 10 years

Q. Autonomous consumption expenditure does not depend on income.

1. True
2. False

Q.

Which of the following was not a goal of FYPs?

1. Growth

2. Efficiency

3. Equity

4. Self-reliance

Q. Answer briefly each of the following questions.
Explain with the help of an example, the problem of double counting while calculating national income.

Q. Which of the following would result in a rightward shift of the PPC?

1. Under utilization of resources
2. An increase in the number of professionally qualified persons
3. Earth-quack
4. Massive unemployment

Q.

Which of the following are goals of the plans?

1. Efficiency

2. Growth

3. Self-reliance

4. Sustainability

Q. Income distribution is determined by the level of .

1. equity
2. wealthy
3. GDP
4. National Income