The common goals of the five year plans are:

1. Modernisation.
2. Growth.
3. Self-reliance.
4. All of the above.

One of the following features is not associated with a socialist economy. Identify the feature.

1. The economy has no private property and everything is owned by the State.
2. The government provides free health care to those who need it.
3. Incomes are more or less equitably distributed
4. It is called a free market economy.

Which economic sector has the highest share in India's GDP?'

1. Agriculture Sector.
2. Tertiary Sector.
3. Industrial Sector.
4. Export Sector.

Who is known as the architect of Indian Planning'?

1. Jawaharlal Nehru.
2. Dr. BR Ambedkar.
3. PC Mahalanobis.
4. Sardar Vallabh bhai Patel.

Who is considered to be the architect of Indian planning?

1. Willian Digby.
2. P.C. Mahalanobis.
3. Dadabhai Naroji.
4. R.C. Desai.

Green Revolution introduced during the planning process was restricted mainly to crops like:

1. Wheat and rice.
2. Cereals and pulses.
3. Cotton and jute.
4. Jowar and bajra.

Which of the following is not true for small scale industries?

1. SSI is labour intensive and therefore, employment oriented.
2. SSI needs small investment and is therefore, equity oriented.
3. SSI is capital intensive and therefore, increases productivity.
4. SSI shows locational flexibility and is therefore, equality oriented.

In which year was the Planning Commission was set up in India?

1. 1947
2. 1948
3. 1949
4. 1950

Protection of domestic industries took the form of:

1. Quotas.
2. Tariffs.
3. Both (a) and (b).
4. None of the above.

Fill in the blank with correct alternative.
First Industrial Policy Resolution of Independent India was announced in the year ________.

1. 1947
2. 1948
3. 1951
4. 1956