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Planning and Reform

3 UPSC Prelims MCQs tagged "Planning and Reform". Free practice with answer keys, explanations, and timed mock tests on Anantam IAS.

  1. The main objective of the 12th Five-Year Plan is

    The main objective of the 12th Five-Year Plan is

    1. Ainclusive growth and poverty reduction
    2. Binclusive and sustainable growth
    3. Csustainable and inclusive growth to reduce unemployment
    4. DFaster, sustainable and more inclusive growth.
    Answer and explanation

    Correct answer: D

    The aim of the 12th Five Year plan is to achieve 'faster, sustainable and more inclusive growth'. For this purpose, it seeks to achieve: - 4% growth in the agriculture sector - 10% in the manufacturing sector

    The total budget of the 12th Five Year plan has been estimated at Rs.47.7 lakh crore which is 135 percent more than that for the 11th Five year Plan (2007-12).

  2. Which of the following are associated with ‘Planning’ in India? 1. The Finance Commission…

    Which of the following are associated with 'Planning' in India? 1. The Finance Commission 2. The National Development Council 3. The Union Ministry of Rural Development 4. The Union Ministry of Urban Development 5. The Parliament Select the correct answer using the code given below.

    1. A1, 2 and 5 only
    2. B1, 3 and 4 only
    3. C2 and 5 only
    4. D1, 2, 3, 4 and 5
    Answer and explanation

    Correct answer: C

    1. Finance Commission: Deals with the distribution of tax revenue between the central government and states, not overall national planning.

    2. National Development Council (NDC): This was the apex body for planning at the national level. It is used to formulate and review India's five-year plans.

    3. Union Ministry of Rural Development: Implements specific development schemes related to rural areas, not national-level planning.

    4. Union Ministry of Urban Development: Implements specific development schemes related to urban areas, not national-level planning.

    5. Parliament: While not directly involved in day-to-day planning, the Parliament is used to approve the five-year plans formulated by the NDC. Additionally, Members of Parliament (MPs) can utilize funds allocated for their constituencies through MPLADS (Member of Parliament Local Area Development Scheme), which contributes to local-level planning.

  3. With reference to India’s Five-Year Plans, which of the following statements is/are correct? 1.…

    With reference to India's Five-Year Plans, which of the following statements is/are correct? 1. From the Second Five-Year Plan, there was a determined thrust towards substitution of basic and capital goods industries. 2. The Fourth Five-Year Plan adopted the objective of correcting the earlier trend of increased concentration of wealth and economic power. 3. In the Fifth Five-Year Plan, for the first time, the financial sector was included as an integral part of the Plan. Select the correct answer using the code given below.

    1. A1 and 2 only
    2. B2 only
    3. C3 only
    4. D1, 2 and 3
    Answer and explanation

    Correct answer: A

    Statement 1 is Correct: The Second Five-Year Plan (1956-1961), based on the Mahalanobis Model, shifted the focus of Indian planning toward rapid industrialization. It placed a determined thrust on the development of basic and heavy capital goods industries to build a strong industrial base.

    Statement 2 is Correct: The Fourth Five-Year Plan (1969-1974) adopted the objective of "growth with stability" and the "progressive achievement of self-reliance." It specifically aimed at correcting the concentration of wealth and economic power through measures like the nationalization of 14 major commercial banks (1969) and the Monopolies and Restrictive Trade Practices (MRTP) Act.

    Statement 3 is Incorrect: The financial sector was not included as an integral part of the planning process during the Fifth Five-Year Plan. It was only from the Ninth Five-Year Plan (1997-2002) onwards that the financial sector was treated as an integral part of the plan to ensure efficient resource allocation.