MCQs on Economic Planning and Economic Development- Indian Geography

Q1. Which of the following is the first Five-Year Plan in India?
a) 1947-1952
b) 1949-1954
c) 1950-1955
d) 1951-1956

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Correct Answer: d) 1951-1956
Explanation: The first Five-Year Plan in India was from 1951 to 1956 and focused on agriculture and infrastructure development.

Q2. Which Five-Year Plan is also known as “Gadgil Yojana”?
a) Second Five-Year Plan
b) Third Five-Year Plan
c) Fourth Five-Year Plan
d) Fifth Five-Year Plan

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Correct Answer: c) Fourth Five-Year Plan
Explanation: The Fourth Five-Year Plan (1969-1974) is also known as “Gadgil Yojana”.

Q3. Which of the following is the main objective of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)?
a) To provide 100 days of guaranteed wage employment in a financial year to every rural household
b) To provide free education to children in rural areas
c) To provide healthcare facilities in rural areas
d) To provide housing facilities to the rural poor

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Correct Answer: a) To provide 100 days of guaranteed wage employment in a financial year to every rural household
Explanation: MGNREGA aims to provide at least 100 days of guaranteed wage employment in a financial year to every rural household whose adult members volunteer to do unskilled manual work.

Q4. Which of the following is the apex institution for formulating India’s Five-Year Plans?
a) Reserve Bank of India
b) Planning Commission
c) NITI Aayog
d) Ministry of Finance

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Correct Answer: c) NITI Aayog
Explanation: NITI Aayog (National Institution for Transforming India) is the apex institution for formulating India’s Five-Year Plans, replacing the Planning Commission in 2015.

Q5. Which of the following sectors contributes the highest share to India’s GDP?
a) Agriculture
b) Industry
c) Services
d) Mining

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Correct Answer: c) Services
Explanation: The services sector contributes the highest share to India’s GDP, followed by industry and agriculture.

Q6. Which of the following states has the highest Gross State Domestic Product (GSDP) in India?
a) Maharashtra
b) Tamil Nadu
c) Uttar Pradesh
d) Karnataka

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Correct Answer: a) Maharashtra
Explanation: Maharashtra has the highest GSDP among Indian states.

Q7. Which of the following is the primary objective of the Pradhan Mantri Jan Dhan Yojana (PMJDY)?
a) To provide affordable housing to the poor
b) To provide financial inclusion and access to financial services for all households in the country
c) To provide employment opportunities to the youth
d) To provide healthcare facilities to the poor

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Correct Answer: b) To provide financial inclusion and access to financial services for all households in the country
Explanation: PMJDY aims to provide financial inclusion and access to financial services for all households in the country, including banking, savings, credit, insurance, and pension.

Q8. Which of the following is the primary objective of the Pradhan Mantri Awas Yojana (PMAY)?
a) To provide affordable housing to the urban poor
b) To provide financial inclusion and access to financial services for all households in the country
c) To provide employment opportunities to the youth
d) To provide healthcare facilities to the poor

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Correct Answer: a) To provide affordable housing to the urban poor
Explanation: PMAY aims to provide affordable housing to the urban poor by 2022.

Q9. Which of the following is the primary objective of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY)?
a) To provide affordable housing to the urban poor
b) To provide financial inclusion and access to financial services for all households in the country
c) To provide employment opportunities to the youth through skill development
d) To provide healthcare facilities to the poor

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Correct Answer: c) To provide employment opportunities to the youth through skill development
Explanation: PMKVY aims to provide employment opportunities to the youth through skill development and certification.

Q10. Which of the following is the primary objective of the Pradhan Mantri Ujjwala Yojana (PMUY)?
a) To provide affordable housing to the urban poor
b) To provide financial inclusion and access to financial services for all households in the country
c) To provide employment opportunities to the youth
d) To provide LPG connections to women from Below Poverty Line (BPL) households

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Correct Answer: d) To provide LPG connections to women from Below Poverty Line (BPL) households
Explanation: PMUY aims to provide LPG connections to women from BPL households to reduce their dependence on traditional cooking fuels and improve their health.

Q11. Which of the following is the primary objective of the Pradhan Mantri Fasal Bima Yojana (PMFBY)?
a) To provide crop insurance to farmers
b) To provide financial inclusion and access to financial services for all households in the country
c) To provide employment opportunities to the youth
d) To provide healthcare facilities to the poor

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Correct Answer: a) To provide crop insurance to farmers
Explanation: PMFBY aims to provide crop insurance to farmers to protect them against crop losses due to natural calamities, pests, and diseases.

Q12. Which of the following is the primary objective of the Pradhan Mantri Gram Sadak Yojana (PMGSY)?
a) To provide all-weather road connectivity to unconnected rural habitations
b) To provide financial inclusion and access to financial services for all households in the country
c) To provide employment opportunities to the youth
d) To provide healthcare facilities to the poor

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Correct Answer: a) To provide all-weather road connectivity to unconnected rural habitations
Explanation: PMGSY aims to provide all-weather road connectivity to unconnected rural habitations to improve access to markets, schools, and healthcare facilities.

Q13. Which of the following is the primary objective of the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)?
a) To provide affordable housing to the urban poor
b) To provide financial inclusion and access to financial services for all households in the country
c) To provide employment opportunities to the youth
d) To improve farm productivity and ensure better utilization of water resources

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Correct Answer: d) To improve farm productivity and ensure better utilization of water resources
Explanation: PMKSY aims to improve farm productivity and ensure better utilization of water resources through the creation of irrigation infrastructure and efficient water management.

Q14. Which of the following is the primary objective of the Pradhan Mantri Mudra Yojana (PMMY)?
a) To provide affordable housing to the urban poor
b) To provide financial inclusion and access to financial services for all households in the country
c) To provide loans to micro and small enterprises
d) To provide healthcare facilities to the poor

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Correct Answer: c) To provide loans to micro and small enterprises
Explanation: PMMY aims to provide loans to micro and small enterprises to promote entrepreneurship and generate employment opportunities.

Q15. Which of the following is the primary objective of the Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
a) To provide affordable housing to the urban poor
b) To provide financial inclusion and access to financial services for all households in the country
c) To provide employment opportunities to the youth
d) To provide accidental insurance coverage to the poor and vulnerable sections of society

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Correct Answer: d) To provide accidental insurance coverage to the poor and vulnerable sections of society
Explanation: PMSBY aims to provide accidental insurance coverage to the poor and vulnerable sections of society at an affordable premium.

Q16. Which of the following is the primary objective of the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?
a) To provide affordable housing to the urban poor
b) To provide financial inclusion and access to financial services for all households in the country
c) To provide employment opportunities to the youth
d) To provide life insurance coverage to the poor and vulnerable sections of society

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Correct Answer: d) To provide life insurance coverage to the poor and vulnerable sections of society
Explanation: PMJJBY aims to provide life insurance coverage to the poor and vulnerable sections of society at an affordable premium.

Q17. Which of the following is the primary objective of the Atal Pension Yojana (APY)?
a) To provide affordable housing to the urban poor
b) To provide financial inclusion and access to financial services for all households in the country
c) To provide employment opportunities to the youth
d) To provide a pension to the unorganized sector workers

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Correct Answer: d) To provide a pension to the unorganized sector workers
Explanation: APY aims to provide a pension to the unorganized sector workers to ensure social security in old age.

Q18. Which of the following is the primary objective of the Swachh Bharat Abhiyan (SBA)?
a) To provide affordable housing to the urban poor
b) To provide financial inclusion and access to financial services for all households in the country
c) To provide employment opportunities to the youth
d) To achieve a clean and open defecation-free India

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Correct Answer: d) To achieve a clean and open defecation-free India
Explanation: SBA aims to achieve a clean and open defecation-free India by constructing toilets, promoting sanitation, and improving solid waste management.

Q19. Which of the following is the primary objective of the Digital India program?
a) To provide affordable housing to the urban poor
b) To provide financial inclusion and access to financial services for all households in the country
c) To transform India into a digitally empowered society and knowledge economy
d) To provide healthcare facilities to the poor

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Correct Answer: c) To transform India into a digitally empowered society and knowledge economy
Explanation: The Digital India program aims to transform India into a digitally empowered society and knowledge economy by promoting digital infrastructure, e-governance, and digital literacy.

Q20. Which of the following is the primary objective of the Make in India initiative?
a) To provide affordable housing to the urban poor
b) To provide financial inclusion and access to financial services for all households in the country
c) To provide employment opportunities to the youth
d) To promote manufacturing and attract foreign investment in India

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Correct Answer: d) To promote manufacturing and attract foreign investment in India
Explanation: The Make in India initiative aims to promote manufacturing and attract foreign investment in India to boost economic growth and generate employment opportunities.

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