Five Year Plans
Five Year Plans: Overview
This topic covers concepts, such as, Planning in India, Self Reliance of Economy, Goals of the Five Year Plans and Modernisation of Economy etc.
Important Questions on Five Year Plans
"Service sector contributed maximum to the GDP in ." What does it indicate about a country?
What is meant by sectoral composition of an economy?
Name the basic goals of India development, which serve as guiding principles of Indian planning?
When was the Planning Commission set up?
What is meant by "Economic Planning"?
What are the three main central problems of an economy?
The President was the chairman of the Planning Commission setup in
The period of first five-year plan was .
Briefly discuss the progress of Indian economy during the first seven plans in the agriculture, industrial and trade sector.
Discuss briefly the rationale behind choosing 'Self-reliance' as an objective for the planning process of the Indian economy.
Why was goal of equity not fully achieved even after abolition of Intermediaries?
Discuss briefly the rationale behind choosing 'Modernisation' as a planning objective for the Indian Economy.
The objectives of growth, modernisation and self-reliance may not improve the kind of life, until and unless the fourth objective of five year plans is achieved. Identify and discuss the fourth objective.
Briefly discuss "Growth" as an important goal of five year plans.
What was the period of plans prepared by the Planning Commission?
Which one of these is a central problem of an economy?
Which of the following is a goal of five-year plan?
