Economics of Development and Book Back Practice Test

12th Standard Economics — Economics of Development and Planning: Book Back Online Practice Test

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"Redistribution with Growth" became a popular slogan of which approach?

A.Traditional approach B.New welfare oriented approach C.Industrial approach D.None of the above

Which of the following is not a feature of economic growth?

A.Concerned with developed nations B.Gradual change C.Concerned with quantitative aspect D.Wider concept

Which among the following is a characteristic of underdevelopment?

A.Vicious circle of poverty B.Rising mass consumption C.Growth of Industries D.High rate of urbanization

Identify the non-economic determinant of economic development.

A.Natural resources B.Human resource C.Capital formation D.Foreign trade

Economic growth measures the ___________.

A.Growth of productivity B.Increase in nominal income C.Increase in output D.None of the above

The supply-side vicious circle of poverty suggests that poor nations remain poor because ___________.

A.Saving remains low B.Investment remains low C.There is a lack of effective government D.a and b above

Which of the following plans focused on the agriculture and rural economy?

A.People's Plan B.Bombay Plan C.Gandhian Plan D.Vishveshwarayya Plan

Arrange the following plans in the correct chronological order: (i) People's Plan (ii) Bombay Plan (iii) Jawaharlal Nehru Plan (iv) Vishveshwarayya Plan

A.(i) (ii) (iii) (iv) B.(iv) (iii) (ii) (i) C.(i) (ii) (iv) (iii) D.(ii) (i) (iv) (iii)

M.N. Roy was associated with which of the following plans?

A.Congress Plan B.People's Plan C.Bombay Plan D.None of the above

Q10

Which of the following countries adopts indicative planning?

A.France B.Germany C.Italy D.Russia

Q11

Short-term plan is also known as ___________.

A.Controlling Plans B.De-controlling Plans C.Rolling Plans D.De-rolling Plans

Q12

Long-term plan is also known as ___________.

A.Progressive Plans B.Non-progressive Plans C.Perspective Plans D.Non-perspective Plans

Q13

The basic philosophy behind long-term planning is to bring ___________ changes in the economy.

A.Financial B.Agricultural C.Industrial D.Structural

Q14

Sarvodaya Plan was advocated by ___________.

A.Mahatma Gandhi B.J.P. Narayan C.S. N Agarwal D.M.N. Roy

Q15

The Planning Commission of India was set up in the year ___________.

A.1950 B.1951 C.1947 D.1948

Q16

Who wrote the book 'The Road to Serfdom'?

A.Friedrich Hayek B.H.R. Hicks C.David Ricardo D.Thomas Robert Malthus

Q17

Perspective plan is also known as ----

A.Short-term plan B.Medium-term plan C.Long-term plan D.None of the above

Q18

NITI Aayog is formed through------------------------

A.Presidential Ordinance B.Allocation of business rules by President of India C.Cabinet resolution D.None of the above

Q19

Expansion of NITI Aayog?

A.National Institute to Transform India B.National Institute for Transforming India C.National Institution to Transform India D.National Institution for Transforming India

Q20

The Chair Person of NITI Aayog is

A.Prime Minister B.President C.Vice – President D.Finance Minister

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About this Economics of Development and Planning test

This free online practice test covers Economics of Development and Planning from the 12th Standard Economics (Samacheer Kalvi) syllabus. Choose the number of questions and an optional time limit, then answer and submit — everything is checked in your browser, with the correct answers and a worked explanation shown at the end. For the full solutions to every question in this set, see the solved MCQs page.

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