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

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 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 (A)</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. (A)</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. (A)</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. (D)</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. (D)</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 (C)</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 (C)</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 (C)</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 (A)</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. (A)</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. (B)</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. (B)</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 (B)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Five-Year Plans of India
5 questions

Five-Year Plans of India

ComprehensiveNarcissus avatar
ComprehensiveNarcissus
Indian Economy 1950-1990
6 questions

Indian Economy 1950-1990

GratifiedRockCrystal6388 avatar
GratifiedRockCrystal6388
Indian Economy 1950-1990
16 questions

Indian Economy 1950-1990

BeauteousMoldavite2720 avatar
BeauteousMoldavite2720
Use Quizgecko on...
Browser
Browser