Indian Economy Test-1

Which Five Year Plan is not correct among the following?

Under which five year plan, 14 major Indian banks were nationalized?

Second Five-Year Plan was based on which model?

In collaboration with which country was the steel factory established in Durgapur, West Bengal?

Which of the following is/are main reasons for failure of Third Five Year Plan?

1. Indo-China War
2. Unprecedented drought
3. Indo- Pakistan war

Select the correct answer using the codes given below:

For the first time, the private sector got priority over public sector in which of the following Five Year Plan?

With reference to the Fifth Five Year Plan, consider the following statements:

1. In this plan, the top priority was given to Industry.
2. It was prepared by D.P. Dhar.

Which of the statement(s) given above is/are incorrect?

The contribution of agriculture to India’s GDP is-  

1. Decreasing
2. Increasing
3. Constant
4. None of these

Which of the following is known as real GDP?

Choose the most appropriate option from the following

GDP is the total value of ______ during a specific period.

Gross National Product – Depreciation Allowance = _________________

Which of the following sector(s) is/are included in tertiary sector of Indian economy?

1. Manufacturing
2. Business
3. Industry
4. Transport
5. Communication
6. Electricity

Select the correct answer using the codes given below:

Which five-year plan is also known as Gadgil Yojana?

The Planning Commission used to prepare which key document outlining India's economic and social goals?

Which of the following is NOT one of the methods of national income estimation?