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Economics of Development and Planning Model Question Paper 1

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 50
    5 x 1 = 5
  1. Economic growth measures the_______

    (a)

    Growth of productivity

    (b)

    Increase in nominal income

    (c)

    Increase in output

    (d)

    None of the above

  2. The supply side vicious circle of poverty suggests that poor nations remain poor because

    (a)

    Saving remains low

    (b)

    Investment remains low

    (c)

    There is a lack of effective government

    (d)

    a and b above

  3. Short-term plan is also known as________

    (a)

    Controlling Plans

    (b)

    De-controlling Plans

    (c)

    Rolling Plans

    (d)

    De-rolling Plans

  4. Which is not the characteristics of UDCs?

    (a)

    Low per capita

    (b)

    Wide in equality

    (c)

    High rate of unemployment

    (d)

    Price mechanism

  5. Economic development depends on

    (a)

    Social

    (b)

    Political

    (c)

    Religious

    (d)

    All the above

  6. 5 x 2 = 10
  7. What is GNP?

  8. Define economic planning

  9. What is capital accumulation?

  10. What is financial planning?

  11. Mention the predominant characters of UDCs

  12. 5 x 3 = 15
  13. Elucidate major causes of vicious circle of poverty with diagram

  14. Trace the evolution of economic planning in India.

  15. Explain NITI Aayog.

  16. Write short note on second five year plan

  17. List the economic and non-economic determinants of economic development.

  18. 4 x 5 = 20
  19. Discuss the economic determinants of economic development.

  20. Describe different types of Planning.

  21. Compare and contrast the “Planning Commission” and NITI Aayog”.

  22. Elucidate various measures of economic development.

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