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.

GDP (Gross Domestic Product) is a good indicator of growth but not development, because:

1. GDP is a partial measurement.
2. GDP do not cover all type of goods.
3. GPD may increase on account of production of harmful goods.
4. All of the above.

Which factor led to the breaking up of the stagnation of agriculture?

1. Land reforms.
2. Green Revolution.
3. Buffer stocks.
4. Land ceiling.

When was the ‘Village and Small Scale Industries Committee' set up?

1. 1955
2. 1958
3. 1949
4. 1950.

Which of the following statement are true for Indian agriculture for pre and post colonial period?

1. Dependency of workforce in agriculture observed a gradual decline after colonial period.
2. Land ceiling policy was a huge success leading to abolition of intermediaries completely.
3. Green Revolution benefitted to big farmer more than small and marginal farmers.
4. All are the true.

Schedule B of IPR 1956 includes:

1. Those industries which are reserved for public sector.
2. Those industries which are open for both public and private sectors.
3. Residual industries.
4. Industries in which only Small Scale Industries can enter.

When was planning initiated in India?

1. In 1951
2. In 1952
3. In 1950
4. In 1956

The starting of land reforms programmes was set up in the right direction but it could not be successful because of:

1. Lack of political will.
2. Malafide transfers.
3. Inadequate proof of tenancy.
4. All of the above.

During the initial stages of planning, special concessions were given to the industries producing goods to be used as substitutes for imported goods. This strategy was named as:

1. Inward looking trade strategy.
2. Outward looking trade strategy.
3. Export promotion strategy.
4. None of the above.

Who is considered to be the architect of Indian planning?

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