12th Economics Chapter 1113 Apr, 2025Com 0 Welcome to your 12th Economics Chapter 11 1. "Redistribution with Growth" became popular slogan of which approach? Traditional approach New Welfare oriented approach Industrial approach None of the above None 2. Which is not the feature of economic growth? Concerned with developed nations Gradual change Concerned with quantitative aspect Wider concept None 3. Which among the following is a characteristic of underdevelopment? Vicious circle of poverty Rising mass consumption Growth of Industries High rate of urbanization None 4. The non-economic determinant of economic development? Natural resources Human resources Capital formation Foreign trade None 5. Economic growth measure the _____________ Growth of productivity Increase in nominal income Increase in output None of the above None 6. 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 None 7. Which of the following plan has focused on the agriculture and rural economy? People's plan Bombay plan Gandhian plan Vishveshwarayya plan None 8. Arrange the following plans in correct chronological order: // i) People's plan // ii) Bombay plan // iii) Jawaharlal Nehru Plan // iv) Vishveshwarayya plan i , ii, iii, iv iv, iii, ii, i i, ii, iv, iii ii, i, iv, iii None 9. M.N.Roy was associated with _______________ Congress plan People's Plan Bombay plan None of the above None 10. Which of the following country adopts indicative planning? France Germany Italy Russia None 11. Short-term plan is also known as ____________ Controlling plans De-controlling plans Rolling plans De-rolling plans None 12. Long-term plan is also known as ___________ Progressive plans Non-progressive plans Perspective plans Non-perspective plans None 13. The basic philosophy behind long-term planning is to bring ____________ changes in the economy Financial Agricultural Industrial Structural None 14. Sarvodaya plan was advocated by ______________ Mahatma Gandhi J.P. Narayan S.N. Agarwal M.N. Roy None 15. Planning Commission was set up in the year ______________ 1950 1951 1947 1948 None 16. Who wrote the book 'The Road to Serfdom'? Friedrich Hayek H.R. Hicks Daivid Ricardo Thomas Robert Malthus None 17. Perspective plan is also known as __________ Short-term plan Medium-term plan Long-term plan None of the above None 18. NITI Aayog is formed through _______________ Presidential Ordinance Allocation of business rules by President of India Cabinet resolution None of the above None 19. Expansion of NITI Aayog? National Institute to Transform India National Institue for Transforming National Institution to Transform India National Institution for Transforming India None 20. The Chair Person of NITI Aayog is Prime Minister President Vice-President Finance Minister None 1 out of 1 Please fill in the comment box below. Time's up
