Economic Planning, Planning Commission, NITI Aayog

Here are some MCQs on Economic Planning, Planning Commission, NITI Aayog

1. Which five-year plan marked the beginning of economic planning in India?
a) First Five-Year Plan
b) Second Five-Year Plan
c) Third Five-Year Plan
d) Fourth Five-Year Plan

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2. The concept of economic planning in India is based on which model?
a) Socialist model
b) Capitalist model
c) Mixed economy model
d) Market economy model

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3. The Planning Commission in India was established in which year?
a) 1947
b) 1950
c) 1951
d) 1952

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4. The objective of the Planning Commission was to promote which type of economic development in India?
a) Sustainable development
b) Inclusive development
c) Balanced development
d) All of the above

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5. Who was the first Chairman of the Planning Commission of India?
a) Jawaharlal Nehru
b) Lal Bahadur Shastri
c) Rajiv Gandhi
d) Indira Gandhi

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