EASY
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What is meant by sectoral composition of an economy?

Important Questions on Indian Economy 1950-1990

HARD
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
Construct a pie chart for the following table on sectoral contribution to GDP and discuss the difference in the contribution of the sectors in the light of effects of development during 1950-51 and 1990-91.
Sector 1950-51 1990-91

Agriculture

Industry

Services

59.0

13.0

28.0

34.9

24.6

40.5

 

MEDIUM
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
What is a plan?
MEDIUM
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
Which of the following are correct in context of the five-year plans?
EASY
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
What was the period of plans prepared by the Planning Commission?
MEDIUM
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
What is the primary objective of setting goals in a plan?
MEDIUM
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
Why did India choose to implement planning after independence?
EASY
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
Explain 'growth with equity' as a planning objective.
EASY
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
_____(Planning Commission/RBI) was engaged in the formulation of five year plans in India.
MEDIUM
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
Why was self-reliance emphasized as a planning objective in India?
MEDIUM
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
Which one of these is a central problem of an economy?
EASY
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
When was the planning commission set up?
MEDIUM
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
Why is 'growth with equity' an important planning objective?
EASY
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
GDP stands for:
MEDIUM
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
What is sectoral composition of an economy? Is it necessary that the service sector should contribute maximum to GDP of an economy? Comment.
HARD
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
Which of the following are correct in the context of self-reliance?
MEDIUM
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
What does the concept of self-reliance in Indian planning emphasize?
EASY
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
India's First Five-Year Plan was launched in the year_____(1951/1961).
MEDIUM
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
Economic growth combined with _____(equity/equality)was the principal goal of planning in India.
EASY
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans

Which of the following is a goal of five-year plan?
MEDIUM
Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Five Year Plans
Sectoral composition refers to: