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Published on: 03/09/2022
QB365 provides a detailed and simple solution for every Possible Book Back Questions in Class 12 Economics Subject - Economics of Development and Planning , English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
Download Tamil Nadu 12th Standard Economics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Economics Test
1.
The Chair Person of NITI Aayog is
Prime Minister
President
Vice - President
Finance Ministed
2.
3.
NITI Aayog is formed through_______
Presidential Ordiance
Allocation of business rules by President of India
Cabinet resolution
None of the above
4.
Perspective plan is also known as______
Short-term plan
Medium-term plan
Long-term plan
None of the above
5.
Who wrote the book 'The Road to Serfdom'?
Friedrich Hayek
H.R. Hicks
David Ricardo
Thomas Robert Malthus
6.
Planning Commission was set up in the year ________
1950
1951
1947
1948
7.
Sarvodaya Plan was advocated by__________
Mahatma Gandhi
J.P.Narayan
S.N Agarwal
M.N. Roy
8.
The basic philosophy behind long-term planning is to bring _______changes in the economy?
Financial
Agricultural
Industrial
Structural
9.
Long-term plan is also known as_______
Progressive Plans
Non-progressive Plans
Perspective Plans
Non-perspective Plans
10.
Short-term plan is also known as________
Controlling Plans
De-controlling Plans
Rolling Plans
De-rolling Plans
11.
Which of the following country adopts indicative planning?
France
Germany
Italy
Russia
12.
M.N. Roy was associated with_______
Congress Plan
People's Plan
Bombay Plan
None of the above
13.
Arrange following plans in correct chronological order
(i) People's Plan
(ii) Bombay Plan
(iii) Jawaharlal Nehru Plan
(iv) Vishveshwarya Plan
(i) (ii) (iii) (iv)
(iv) (iii) (ii) (i)
(i) (ii) (iv) (iii)
(ii) (i) (iv) (iii)
14.
15.
The supply side vicious circle of poverty suggests that poor nations remain poor because
Saving remains low
Investment remains low
There is a lack of effective government
a and b above
16.
Economic growth measures the_______
Growth of productivity
Increase in nominal income
Increase in output
None of the above
17.
The non-economic determinant of economic development
Natural resources
Human resource
Capital formation
Foreign trade
18.
Which among the following is a characteristic of underdevelopment?
Vicious circle of poverty
Rising mass consumption
Growth of Industries
High rate of urbanization
19.
Which is not the feature of economic growth?
Concerned with developed nations
Gradual change
Concerned with quantitative aspect
Wider concept
20.
"Redistribution with Growth" became popular slogan under which approach?
Traditional approach
New welfare oriented approach
Industrial approach
None of the above
1.
(a)
Prime Minister
2.
(d)
3.
(c)
Cabinet resolution
4.
(c)
Long-term plan
5.
(a)
Friedrich Hayek
6.
(a)
1950
7.
(b)
J.P.Narayan
8.
(c)
Industrial
9.
(c)
Perspective Plans
10.
(a)
Controlling Plans
11.
(b)
Germany
12.
(b)
People's Plan
13.
(b)
(iv) (iii) (ii) (i)
14.
(c)
15.
(d)
a and b above
16.
(c)
Increase in output
17.
(b)
Human resource
18.
(a)
Vicious circle of poverty
19.
(d)
Wider concept
20.
(b)
New welfare oriented approach
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