Indian Economy MCQ Questions for Bank Exam

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Indian Economy mcq


Economics GK Questions



Q.15 The concept of Economic Planning in India is derived from?

(A) USA

(B) UK

(C) Australia

(D) Russia


Ans .  D


Q.16 First five-year plan in India was from

(A) 1947 - 1952

(B) 1949 - 1954

(C) 1950 - 1955

(D) 1951 - 1956


Ans .  D


Q.17 First five-year plan was based on?

(A) Harrod -Domar Model

(B) P.C. Mahalanobis Model

(C) Both of above

(D) None of above


Ans .  A


Q.18 Which five-year plan is also known as "Gadgil Yojana"?

(A) Second Five Year Plan

(B) Third Five Year Plan

(C) Fourth Five Year Plan

(D) Fifth Five Year Plan


Ans .  C


Q.19 Which five-year plan focused on "Growth with social justice and equity".

(A) Ninth Five Year Plan

(B) Eight Five Year Plan

(C) Seventh Five Year Plan

(D) Sixth Five Year Plan


Ans .  A


Q.20 Planning Commission was constituted on?

(A) 15 March 1948

(B) 15 March 1949

(C) 15 March 1950

(D) 15 March 1951


Ans .  C



Q.21 National Development Council was constituted on

(A) 2 August 1952

(B) 6 August 1952

(C) 8 August 1952

(D) 12 August 1952


Ans .  B


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    Rajesh Bhatia

    A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.

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