Economy-Topic-2


Topic-2

Economy

Introduction of Economics

1. What are the three indicators of the Human Development Index ?

·       Life Expectancy at Birth

·       Mean Years of Schooling

·       Gross National Income  Per Capita

2. What are the constituents of the Happy Planet Index introduced by the New Economics Foundation ?- Index of Human Well Being and Ecological Impact

3. Who has given the Gross National Happiness Index ?- Bhutan’s King Jigme Singye Wangchuk

4. Gender Development Index is the part of which report ?- Human Development Report

5. What is the rank of India for the Gender Inequality Index for the year 2019 ?- 129 out of 189 Countries

6. What are the indicators of the Gender Inequality Index :

·       Maternal Mortality Ratio

·       Adolescent Fertility Ratio

·       Educational Attainment (Secondary Level and above )

·       Parliamentary Representation

·       Labour Force Participation

7. In which year Planning Commission was set up ?- 1950 AD

8. Who was the first Chairman of the Planning Commission ?- Jawaharlal Nehru

9. In which year Planning Commission was dissolved ?- 2014 AD

10. Which institute replaced the Planning Commission in India ?- NITI (National Institution for Transforming India )  Aayog

11. Who is the Vice Chairperson of NITI Aayog ?- Rajiv Kumar

12. Who is the CEO of the NITI Aayog ?- Amitabh Kant

13. The National Development Council was formed in which year ? -1952 AD

14. Which body has replaced the National Development Council ?- The Governing Council of the NITI Aayog

15. What is the status of the NITI Aayog ?- Extra-Constitutional and Non-Statutory Body

16. What is the full form of LPG ?- Liberalisation , Privatisation and Globalisation

17. Who was responsible for the launch of LPG ?- Prime Minister – P.V. Narsimha Rao , Finance Minister – Dr. Manmohan Singh

18. What is the full form of PURA ?- Provision of Urban Amenities in Rural Area 

19. The strategy of PURA was given by whom ?- Dr. A.P.J. Abdul Kalam

20. What was the time period First Five Year Plan ?- 1951-56 AD

21. What was the priority of the First Five Year Plan ?- Agriculture

22. What was the time period Second Five Year Plan ?- 1956-61 AD

23. What was the priority of the Second Five Year Plan ?- Industrialization  

24. Which plan was the part of the Second Five Year Plan ?- Nehru-Mahalanobis Plan

25. Name the steel plants that have been established during the Second Five Year Plan :

·       Durgapur –United Kingdom

·       Bhilai –United Soviet Socialist Republic

·       Rourkela – Western Germany

26.  What was the time period Third Five Year Plan ?- 1961-1966 AD

27. What was the priority of the Third Five Year Plan ?- Self Reliant and Self-Generating Economy

28. Which plan was the part of the Third Five Year Plan ?- Gadgil Yojana

29. Which major developments occurred during the Third Five Year Plan ?-

·       Indo-China War of 1962

·       Indo-Pakistan War of 1965

29. What was the time period of the plan holiday ?- 1966-1969 AD

30. Which kind of plan were passed during the plan holiday ?- Annual Plan

31. What was the time period Fourth  Five Year Plan ?- 1969-1974 AD

32. Which major development occurred during the Fourth Five Year Plan ?-

·       Green Revolution

·       Bangladesh War 1971

·       Oil Crisis of 1972-1973

33. What was the time period Fifth Five Year Plan ?- 1974-1979 AD

34. Which major slogan was given during the Fifth Five Year Plan ?- Garibi Hatao

35. Which major program was introduced during the Fifth  Five Year Plan ?- Minimum Needs Program

36. Which government brought the second Annual Plan ?- Morarji Desai Government

37. What was the time period of the Second Annual Plan (Plan Holiday ) ?- 1979-1980 AD

38.  What was the time period Sixth Five Year Plan ?-1980-1985 AD

39. What was the time period Seventh Five Year Plan ?- 1985-1990 AD

40. What was the Hindu Growth Rate between 1950’s to 1980’s ?- 3.5 %

41. What was the time period of the Third Annual Plan (Plan Holiday ) ?- 1990-1992 AD

42. What was the time period Eighth Five Year Plan ?-1992-1997 AD

43. During Eighth Five Year Plan which major economic development took place ?- Economic Reforms after the Liberalisation Policy of 1991 AD

44. Which model was the part of the Eighth Five Year Plan ?- Rao-Manmohan Singh Model. First Indicative Plan was launched during this period.

45. What was the time period Ninth Five Year Plan ?-1997-2002 AD

46. What was the priority of the Ninth Five Year Plan ?- Growth with Social Justice and Equity

47. What was the time period Tenth Five Year Plan ?- 2002-2007 AD

48. What is the full form of the ICOR ?- Incremental Capital Output Ratio

49. What was the time period Eleventh Five Year Plan ?- 2007-2012 AD

50. What was the priority of the Eleventh Five Year Plan ?- Inclusive Growth

 

 

 

 

 

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