Indian Five-Year Plans: Agriculture, Industry, Trade and Wealth Distribution
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Questions and Answers

What type of economic system did India adopt after independence?

  • Planned Economy
  • Socialist Economy
  • Mixed Economic System (correct)
  • Capitalist Economy
  • Who was the Chairperson of the Planning Commission set up in 1950?

  • Jawaharlal Nehru (correct)
  • Indira Gandhi
  • Morarji Desai
  • Sardar Vallabhbhai Patel
  • Which document reflected India's economic outlook of a socialist society with a strong public sector and private property?

  • Directive Principles of the Indian Constitution
  • Second Five Year Plan (1956-61)
  • Industrial Policy Resolution of 1948 (correct)
  • First Five Year Plan (1951-56)
  • Which year saw the laying out of the First Five Year Plan in India?

    <p>1951</p> Signup and view all the answers

    What is the main idea behind the need for planners to balance goals in a plan?

    <p>Having equal importance for all goals in a plan is unrealistic.</p> Signup and view all the answers

    Why is Prasanta Chandra Mahalanobis considered the architect of Indian planning?

    <p>He established the Indian Statistical Institute and started the journal Sankhya.</p> Signup and view all the answers

    What distinguished the Second Five Year Plan in terms of development planning?

    <p>It laid down fundamental ideas regarding the goals of Indian planning.</p> Signup and view all the answers

    What was the main purpose behind establishing NITI Ayog in 2015?

    <p>To foster involvement and participation of State Governments in economic policy making.</p> Signup and view all the answers

    What was the main goal of the Indian government in relation to agriculture during the first seven five-year plans?

    <p>Promoting equity and growth in the agriculture sector</p> Signup and view all the answers

    Why was there a need for land reforms in India at the time of independence?

    <p>To eliminate intermediaries like zamindars who collected rent without contributing to farm improvements</p> Signup and view all the answers

    What was one of the key reasons for low productivity in the Indian agricultural sector?

    <p>Intermediaries like zamindars who did not invest in farm improvements</p> Signup and view all the answers

    How did technological reforms like the Green Revolution contribute to the Indian agriculture sector?

    <p>By increasing productivity and output</p> Signup and view all the answers

    What was the main idea behind the policy of 'land to the tiller'?

    <p>To provide ownership of land to tenants to incentivize them to invest and improve output.</p> Signup and view all the answers

    How did the abolition of intermediaries impact tenants?

    <p>Direct contact with the government and freedom from zamindar exploitation.</p> Signup and view all the answers

    In what way did some former zamindars circumvent the legislation after abolition?

    <p>By exploiting legal loopholes to retain large land holdings.</p> Signup and view all the answers

    Who among the following did not benefit significantly from the land reforms mentioned?

    <p>Share croppers and landless laborers</p> Signup and view all the answers

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