Sample Materials for CSAT Paper -1 (G.S.) Pre 2013: "Indian Economy - Economic Planning in India"

Sample Materials From Our Study Notes for CSAT Paper -1 (G.S.) Pre 2013

Subject: Indian Economy
Topic: Economic Planning in India

Contents of The Topic:

  • What is Planned Economy
  • What are the main goals of Indian planning
  • History of Planning
  • The main objective of 12th Five Year Plan
  • Define Recession
  • Difference between Depression and Recession

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Test Your Knowledge

1. Consider the following statements.
  1. Government of India changed the base year for calculating national income to 2004-05 as against 1999-2000.
  2. In the market economy state has the maximum role in the management of economy.
  3. Indicative plan is one where there is a mixed economy with state & market playing significant roles to achieve targets for growth.

Which of the above statements is / are true.

  1. 1, 2 & 3
  2. 1 & 3
  3. 1 & 2
  4. 2 & 3

2. In 1944 leading businessmen & industrialist (JRD Tata, GD Birla etc.) put forward A plan of Economic Development for India in the name of

  1. Bombay Plan
  2. Janshree Plan
  3. Sarvoday Plan
  4. None of these

 

Answer of Question 1: B

Answer of Question 2: A

Civil Services Preliminary
IAS - INDIAN ADMINISTRATIVE SERVICES
UPSC
Economics