Podcast
Questions and Answers
Which of the following is a primary goal of the five year plans?
Which of the following is a primary goal of the five year plans?
- Encourage foreign ownership of resources
- Dismantle public sector enterprises
- Self-reliance (correct)
- Increase market monopolies
What does economic growth primarily indicate within the context of five year plans?
What does economic growth primarily indicate within the context of five year plans?
- Decrease in total productive capital
- Increase in efficient resource allocation
- Reduction of market competition
- Increase in the country's capacity to produce goods and services (correct)
What was a key feature of the Second Five Year Plan?
What was a key feature of the Second Five Year Plan?
- Focus solely on external trade
- Introduction of privatization policies
- Emphasis on agrarian reforms above industrial growth
- Development based on ideas from Mahalanobis (correct)
Which of these sectors was indicated as having a commanding role in planning?
Which of these sectors was indicated as having a commanding role in planning?
What does the concept of equity in the five year plans refer to?
What does the concept of equity in the five year plans refer to?
How did the Indian Planning Commission aim to manage limited resources in their five year plans?
How did the Indian Planning Commission aim to manage limited resources in their five year plans?
Which principle emphasizes the role of the private sector in the planning effort?
Which principle emphasizes the role of the private sector in the planning effort?
What is the role of planning goals in the context of the Indian Constitution's Directive Principles?
What is the role of planning goals in the context of the Indian Constitution's Directive Principles?
What was the main goal of India's five-year plans introduced after independence?
What was the main goal of India's five-year plans introduced after independence?
Which of the following sectors experienced significant policy reforms from 1950 to 1990 in India?
Which of the following sectors experienced significant policy reforms from 1950 to 1990 in India?
How have India's developmental policies since independence been characterized?
How have India's developmental policies since independence been characterized?
What aspect of economic growth does sustainability involve?
What aspect of economic growth does sustainability involve?
What major impact did the World Trade Organization (WTO) have on developing countries?
What major impact did the World Trade Organization (WTO) have on developing countries?
In which year did India gain independence, marking a significant shift in its economic policies?
In which year did India gain independence, marking a significant shift in its economic policies?
What is one forecasted outcome of India’s Tenth Plan?
What is one forecasted outcome of India’s Tenth Plan?
Which economic feature was emphasized during the First Five Year Plan?
Which economic feature was emphasized during the First Five Year Plan?
What was one of the main objectives of the economic planning in India after independence?
What was one of the main objectives of the economic planning in India after independence?
Which factor contributed to the industrial sector's inefficiency during the planning period in India?
Which factor contributed to the industrial sector's inefficiency during the planning period in India?
How did the Green Revolution benefit Indian farmers?
How did the Green Revolution benefit Indian farmers?
What issue arose from the anticipated decline of agricultural dependency in India?
What issue arose from the anticipated decline of agricultural dependency in India?
What is meant by 'growth with equity' in the context of planning objectives?
What is meant by 'growth with equity' in the context of planning objectives?
Why was public sector given a leading role in industrial development during the planning period?
Why was public sector given a leading role in industrial development during the planning period?
Which economic concept reflects the need for a developing country like India to follow self-reliance?
Which economic concept reflects the need for a developing country like India to follow self-reliance?
What was a major goal of India’s five-year plans related to agriculture?
What was a major goal of India’s five-year plans related to agriculture?
Flashcards
Goals of Five Year Plans
Goals of Five Year Plans
The targets for the plans, generally including: growth, modernization, self-reliance, and equity.
Growth (in the context of plans)
Growth (in the context of plans)
Increase in the country's capacity to produce goods/services. It includes larger productive capital, better services (like transportation/banking), or increased efficiency.
Modernization (in the context of plans)
Modernization (in the context of plans)
The process of improving and updating the country's systems and industries.
Self-reliance (in the context of plans)
Self-reliance (in the context of plans)
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Equity (in the context of plans)
Equity (in the context of plans)
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Planning Commission
Planning Commission
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Industrial Policy Resolution of 1948
Industrial Policy Resolution of 1948
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Directive Principles of the Indian Constitution
Directive Principles of the Indian Constitution
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Mixed Economy Model
Mixed Economy Model
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Five Year Plans
Five Year Plans
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Land Reforms
Land Reforms
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Green Revolution
Green Revolution
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Marketable Surplus
Marketable Surplus
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Growth with Equity
Growth with Equity
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Modernization
Modernization
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Self-Reliance
Self-Reliance
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India's Independence Date
India's Independence Date
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Five Year Plans (1950-1990)
Five Year Plans (1950-1990)
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Regulated Economy
Regulated Economy
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Economic System (India)
Economic System (India)
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Pre-Independence Occupations
Pre-Independence Occupations
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Post-Independence Occupations
Post-Independence Occupations
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India's Economy After Reforms
India's Economy After Reforms
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Study Notes
Indian Economic Development - Table of Contents
- Textbook for Class XI
- Foreword
- Contents
Unit I: Development Policies and Experience (1947-1990)
- Chapter 1: Indian Economy on the Eve of Independence
- Low level of economic development under Colonial rule
- Agricultural sector
- Industrial sector
- Foreign Trade
- Demographic condition
- Occupational structure
- Infrastructure
- Chapter 2: Indian Economy 1950-1990
- Goals of Five Year Plans
- Agriculture
- Industry and Trade
- Import Substitution Trade Policy
Unit II: Economic Reforms Since 1991
- Chapter 3: Liberalisation, Privatisation and Globalisation: An Appraisal
- Background
- Liberalisation
- Privatisation
- Globalisation
- Evaluation of the Indian Economy during Reforms
Unit III: Current Challenges Facing the Indian Economy
- Chapter 4: Poverty
- Who are the poor?
- How are poor people identified?
- The number of poor in India
Unit IV: Development Experiences of India: A Comparison with Neighbours
- Chapter 10: Comparative Development Experiences of India and its Neighbours
- Developmental Path - Snapshot Views
- Demographic Indicators
- Gross Domestic Product and Sectors
- Indicators of Human Development
- Development Strategies - An Appraisal
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