Goals Of Five Year Plan
10 Questions
3 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What was the primary reason for the policy of modernization mentioned in the text?

  • To reduce the dependence on foreign countries, especially for food (correct)
  • To improve the distribution of wealth
  • To increase the production of goods and services for economic prosperity
  • To achieve high growth and modern technology
  • What is the significance of equity in the context of the text?

  • It ensures that economic prosperity benefits only the rich
  • It emphasizes the need to meet basic needs for all individuals, reducing wealth inequality (correct)
  • It focuses on achieving high growth and modernization
  • It aims to increase foreign interference in India's policies
  • What does the text emphasize as a key factor to improve the kind of life people are living?

  • High growth and modern technology
  • Production of goods and services in India
  • Dependence on foreign countries for food
  • Equity and reducing wealth inequality (correct)
  • What contributes to the structural composition of a country's economy?

    <p>Agricultural sector, industrial sector, and service sector</p> Signup and view all the answers

    Why is it feared that dependence on imported food supplies may make India’s sovereignty vulnerable?

    <p>It poses a risk to India's sovereignty through external control over food supplies</p> Signup and view all the answers

    What is one of the specified goals of a plan mentioned in the text?

    <p>Equity</p> Signup and view all the answers

    What does 'growth' refer to in the context of planning?

    <p>Larger stock of productive capital and services</p> Signup and view all the answers

    What is a good indicator of economic growth according to the text?

    <p>Steady increase in Gross Domestic Product (GDP)</p> Signup and view all the answers

    Why do planners have to make a choice about the goals in each plan according to the text?

    <p>To avoid contradicting the specified goals</p> Signup and view all the answers

    What analogy is used to explain 'growth' in the text?

    <p>A cake getting larger</p> Signup and view all the answers

    More Like This

    India's Economic Planning 1935-1990
    4 questions
    Five Year Plans of India
    5 questions

    Five Year Plans of India

    ComprehensiveNarcissus avatar
    ComprehensiveNarcissus
    India's Five Year Plans: A History
    36 questions
    Use Quizgecko on...
    Browser
    Browser