📖 generic · 12th TN - English Medium · ECONOMICS · Page 258question

Equ ality · Part 3

Chapter 12: Chapter 11 · ECONOMICS

Concerned with developed nations b) Gradual change c) Concerned with quantitative aspect d) Wider concept . Which among the following is a characteristic of underdevelopment? a) Vicious circle of poverty b) Rising mass consumption c) Growth of Industries d) High rate of urbanization . The non-economic determinant of economic development a) Natural resources b) Human resource c) Capital formation d) Foreign trade .

Economic growth measures the ------- -------- a) Growth of productivity b) Increase in nominal income c) Increase in output d) None of the above . 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 . Which of the following plan has focused on the agriculture and rural economy? a) People’s Plan b) Bombay Plan c) Gandhian Plan d) Vishveshwarayya Plan .

Arrange the following plans in correct chronological order a) People’s Plan b) Bombay Plan c) Jawaharlal Nehru Plan d) Vishveshwarayya Plan Answer choices a) (i) (ii) (iii) (iv) b) (iv) (iii) (ii) (i) - - Economics of Development and Planning . Planning Commission was set up in the year --------------- a) b) c) d) e) Gandhian Plan . Who wrote the book ‘The Road to Serfdom’? a) Friedrich Hayek b) H.R.

Hicks c) David Ricardo d) Thomas Robert Malthus . Perspective plan is also known as ---- a) Short-term plan b) Medium-term plan c) Long-term plan d) None of the above . NITI Aayog is formed through------------------------ a) Presidential Ordinance b) Allocation of business rules by President of India c) Cabinet resolution d) None of the above . Expansion of NITI Aayog?

a) National Institute to Transform India b) National Institute for Transforming India c) National Institution to Transform India d) National Institution for Transforming India . The Chair Person of NITI Aayog is a) Prime Minister b) President c) Vice – President d) Finance Minister c) (i) (ii) (iv) (iii) d) (ii) (i) (iv) (iii) . M.N. Roy was associated with ---------

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