Indian Economy and Development

Five-Year Plans and Economic Planning in India

60 practice questions, each with the answer and an explanation.

Practise Five-Year Plans and Economic Planning in India now

Random questions from this topic, one at a time. You see the answer and the explanation straight after each one.

All 60 questions

  1. On which economic growth model was India's First Five-Year Plan (1951-1956), which focused on the development of agriculture and irrigation, based?
  2. Which statistician's model did the Second Five-Year Plan follow?
  3. With help from which countries were the steel plants at Bhilai, Durgapur and Rourkela established, respectively?
  4. What did the government declare for the three years from 1966 to 1969 after the failure of the Third Plan, drawing three annual plans instead?
  5. Which Five-Year Plan (1974-1978) emphasised poverty alleviation under the Garibi Hatao slogan?
  6. Which body was formed on 1 January 2015 to replace the Planning Commission and serves as the apex public policy think tank of the Government of India?
  7. Who is the ex-officio Chairperson of NITI Aayog, the body set up on 1 January 2015 to replace the Planning Commission?
  8. On what date was the National Development Council set up?
  9. Which Five-Year Plan was rejected in 1978 by the newly elected Morarji Desai government?
  10. Which planning approach, with three kinds of plans, was introduced by the Janata Party government for 1978-1980 after it rejected the Fifth Five-Year Plan?
  11. On what date did NABARD come into existence?
  12. Which major banking event took effect from the midnight of 19 July 1969?
  13. Which Five-Year Plan, launched only in 1992 after the initiation of structural adjustment policies, achieved 6.8% growth against a target of 5.6%?
  14. Which Prime Minister led the Congress government during the Seventh Five-Year Plan?
  15. Which was the last Five-Year Plan of India, covering 2012 to 2017, after which there was no Thirteenth Five-Year Plan?
  16. Who was the chairman of the Planning Commission when it was established on 15 March 1950?
  17. Which plan by prominent industrialists, including Tata, Birla and Dalal, proposed to double agricultural output and grow industrial output fivefold over 15 years?
  18. Which plan of economic development for India, proposed by eight industrialists including J.R.D. Tata and G.D. Birla in January 1944, was formally titled 'A Brief Memorandum Outlining a Plan of Economi…
  19. Which Congress President of 1938 initiated the National Planning Committee, which Jawaharlal Nehru later led?
  20. Which formula did the National Development Council approve in 1969 to share Central Plan Assistance among the states?
  21. In which year did the Government of India initiate the Community Development Programme (CDP)?
  22. What agricultural transformation, adopting high-yielding varieties of crops, began in India in the 1960s as part of the wider effort initiated by Norman Borlaug?
  23. Which 2005 Act, which guaranteed rural wage employment, was repealed by Parliament in 2025?
  24. What was the legal and constitutional status of the Planning Commission of India?
  25. Which Five-Year Plan of India achieved 3.6% annual GDP growth against a target of 2.1%?
  26. Which dam projects were started during the First Plan, when irrigation and energy received 27.2% of the planned budget?
  27. Which Five-Year Plan was based on the Gadgil formula, focusing on growth with stability and progress towards self-reliance?
  28. During which Five-Year Plan did India conduct its first nuclear test, Smiling Buddha, at Pokhran on 18 May 1974?
  29. Which sector did the Second Five-Year Plan (1956-1961) focus on developing?
  30. Which system of strict government control of industry, which began with the Industries (Development & Regulation) Act of 1951 and was termed 'Permit-Licence Raj' by C. Rajagopalachari, is known by wha…
  31. Which Five-Year Plan could not take off in 1990 due to the fast changing economic situation at the centre, and was finally launched in 1992?
  32. Which body replaced the Planning Commission by a Cabinet resolution on 1 January 2015?
  33. Which economist and civil servant held the rank of a Cabinet Minister as Deputy Chairman of the Planning Commission from July 2004 to May 2014?
  34. Who prepared and launched the Minimum Needs Programme, introduced in the first year of the Fifth Five-Year Plan?
  35. On what date was the Export-Import Bank of India established under the Export-Import Bank of India Act, 1981?
  36. What term describes the economic growth rate of roughly 4% annually recorded by India from the 1950s to the 1980s, coined by economist Raj Krishna in 1978?
  37. Which Five-Year Plan, covering 2002-2007, set the goal of attaining 8% GDP growth per year?
  38. On what date was the formation of NITI Aayog announced?
  39. Which programme was launched in 1975 and followed from 1975 to 1979 alongside the Fifth Five-Year Plan?
  40. Who was made head of the National Planning Committee, whose rudimentary economic planning was initiated in 1938 under Congress President Subhas Chandra Bose?
  41. Which commission, established on 1 January 1965 as the Agricultural Prices Commission, recommends Minimum Support Prices?
  42. What GDP growth rate did India achieve during its Tenth Five-Year Plan (2002-2007)?
  43. Which rural road programme was begun on 25 December 2000 by Prime Minister Atal Bihari Vajpayee to provide good all-weather road connectivity to unconnected villages?
  44. On what date was the budget speech that began India's economic liberalisation delivered?
  45. During which Five-Year Plan was the Minimum Needs Programme introduced, in its first year?
  46. Which Five-Year Plan (1956-1961) focused on the development of the public sector and rapid industrialisation, following the Mahalanobis model?
  47. Which centre was renamed on 22 January 1967 after the death of its founder Bhabha in 1966?
  48. What is the name of the body of NITI Aayog, chaired by the Prime Minister, that comprises all state Chief Ministers and the Lieutenant Governors of Union Territories?
  49. Which Indian independence activist, known as 'Lok Nayak' (People's leader), received the Ramon Magsaysay Award in 1965?
  50. Which Five-Year Plan ran from 1992 to 1997?
  51. Which reform programme did Finance Minister Manmohan Singh describe in his 24 July 1991 Budget speech as including industrial-policy deregulation and up to 51% foreign equity in specified high-priorit…
  52. Which economist served as the 19th Governor of the Reserve Bank of India, from December 1992?
  53. Which Five-Year Plan, running 1997-2002 under Atal Bihari Vajpayee, was the ninth?
  54. Which committee, headed by C. Rangarajan, was set up to develop guidelines for disinvestment of public sector enterprises and submitted its report in 1993?
  55. Which programme, pioneered by Prime Minister Atal Bihari Vajpayee, aims at the universalisation of elementary education for children aged 6 to 14 in a time-bound manner?
  56. Which model did the Second Five-Year Plan follow, according to the Five-year plans article?
  57. Which Five-Year Plan covered the period 1997 to 2002?
  58. Which institution came into existence on 12 July 1982 by taking over the refinance functions of the Agricultural Refinance and Development Corporation?
  59. Which body recommends how net tax proceeds are divided between the Union and the states?
  60. Which programme is launched and run by NITI Aayog's Atal Innovation Mission in association with Dell?

Keep practising

More general knowledge topics

All general knowledge →

Ready for more general knowledge?

Play the GK ChallengeGeneral knowledge hub
Five-Year Plans and Economic Planning in India | GetMyMockTest