1. Which of the following are Objectives of Economic Planning?
1. Generating economic growth necessitates
2. Increase in employment
3. Ensuring social justice and equality

A. Only one statement is true
B. All statements are true
C. No statement is true
D. Only two statements are true

2. Who was the first chairman of the Planning Commission of India?

A. Jawaharlal Nehru
B. Indira Gandhi
C. Mahatma Gandhi
D. Subhash Chandra Bose

3. Consider the following statements:
1. India and developing countries calculate revenue on a factor cost basis
2. National Income is calculated using constant prices
3. Economic development includes only development
Which of the statements given above is/are correct?

A. 1 and 2 only
B. 2 only
C. 2 and 3 only
D. 3 only

4. Which of the following statements are true?
1. The concept of five-year plans started in the Soviet Union
2. P. C. Mahanobolis is considered architect of Indian planning

A. 1 only
B. 2 only
C. Both 1&2
D. Neither 1nor2

5. Match the Following:

A. 1-A, 2-B, 3-D, 4-C
B. 1-A, 2-C, 3-B, 4-D
C. 1-A, 2-B, 3-C, 4-D
D. 1-B, 2-A, 3-C, 4-D

6. Inclusive growth as enunciated in the Eleventh Five Year Plan does not include one of the following:

A. Reduction of poverty
B. Extension of employment opportunities
C. Strengthening of capital market
D. Reduction of gender inequality

7. Consider the following statements are true regarding First Five Year Plan:
1. It was launched for the duration of 1952 to 1958
2. It was based on the Harrod-Domar model
3. Its main focus was on the agricultural development

A. Only one statement is true
B. All statements are true
C. No statement is true
D. Only two statements are true

8. Who is the current CEO of NITI Aayog?

A. B.V.R. Subrahmanyam
B. Amitabh Kant
C. Rajiv Kumar
D. Arvind Panagariya

9. What were the main focus areas of the Fifth Five-Year Plan?

A. Industrialization, urbanization, and infrastructure development
B. Garibi Hatao, employment, justice, agricultural production, and defence
C. Education, healthcare, and environmental sustainability
D. Foreign policy, national security, and international trade

10. Who prepared the Eleventh Five-Year Plan of India?

A. Montek Singh Ahluwalia
B. C. Rangarajan
C. P. Chidambaram
D. Raghuram Rajan