Planning & Economic Development

Planning & Economic Development (Civil Service Examination), Questions and Answers, GK for UPSC, Bank PO & All Exams

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1. Who of the following shall cause every recommendation made by the finance Commission to be laid before each House of Parliament? [2010]


2. In the context of independent India’s economy, which one of the following was the earliest event to take place? [2009]


3. In the context of governance, consider the following: [2010]
1. Encouraging Foreign Direct Investment inflows
2. Privatization of higher educational Institutions
3. Down-sizing o/bureaucracy
4. Selling/offloading the shares of Public Sector Undertakings
Which of the above can be used as measures to control the fiscal deficit in India?


4. In the context of Indian economy, consider the following pairs: [2010]
Term Most Appropriate description
1. Melt down Fall in stock prices
2. Recession Fall in growth rate
3. Slowdown Fall in GDP
Which of the pairs given above is/are correctly matched?


5. Consider the following actions by the Government: [2010]
1. Cutting the tax rates
2. Increasing the government spending
3. Abolishing the subsidies In the context of economic recession, which of the above actions can be considered a part of the “fiscal stimulus” package?


6. Which one at the following is responsible for the preparation and presentation of Union Budget to the Parliament? [2010]


7. Inclusive growth as enunciated in the Eleventh Five Year Plan does not include one, of the following: [2010]


8. The SEZ Act, 2005 which came, into effect in February 2006 has certain objectives. In this context, consider the following: [2010]
1. Development of infrastructure facilities.
2. Promotion of investment from foreign Sources.
3. Promotion of exports of services only. Which of the above are the objectives of this Act?


9. India-based Neutrino Observatory is included by the Planning Commission as a mega science project under the 11th Five-Year Plan. In this context, consider the following statements: [2010]
1. Neutrinos are chargeless elementary particles that travel close to the speed of light.
2. Neutrinos are created, in nuclear reactions of beta decay.
3. Neutrinos have a negligible, but non-zero mass
4. Trillions of Neutrinos pass through human body every second.
Which of the statements given above are correct?


10. A great deal of Foreign Direct Investment (FDI) to India comes from Mauritius than from many major and mature economies like UK and France. Why? [2010]


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