FIVE-YEAR PLANS –Practice Questions with Answer

1. Who was
the first person to implement the concept of the Five-Year Plan in the world?

A) Jawaharlal Nehru

B) Joseph Stalin

C) Mahatma Gandhi

D) P.C. Mahalanobis

✅ Answer: B)
Joseph Stalin

2. The idea
of economic planning in India was first proposed in which document?

A) People’s Plan

B) Bombay Plan

C) Gandhian Plan

D) National Plan

✅ Answer: B)
Bombay Plan

3. Which
body was responsible for formulating and implementing the Five-Year Plans in
India?

A) Finance Commission

B) NITI Aayog

C) Planning Commission

D) Reserve Bank of India

✅ Answer: C)
Planning Commission

4. In
which year was the Planning Commission replaced by NITI Aayog?

A) 2014

B) 2015

C) 2016

D) 2017

✅ Answer: B)
2015

5. The
First Five-Year Plan (1951–56) mainly focused on which sector?

A) Industry

B) Trade

C) Agriculture and Irrigation

D) Transport

✅ Answer: C)
Agriculture and Irrigation

6. The
First Five-Year Plan was based on which economic model?

A) Harrod–Domar Model

B) Mahalanobis Model

C) Keynesian Model

D) Nehru Model

✅ Answer: A)
Harrod–Domar Model

7. Who
was associated with the Second Five-Year Plan and its industrial model?

A) D.P. Dhar

B) P.C. Mahalanobis

C) K.N. Raj

D) C. Rangarajan

✅ Answer: B)
P.C. Mahalanobis

8. The
failure of the Third Five-Year Plan led to the declaration of:

A) Rolling Plan

B) Plan Holidays

C) Liberalisation Policy

D) Minimum Needs Programme

✅ Answer: B)
Plan Holidays

9.
During which Five-Year Plan were 14 major banks nationalised in India?

A) Third Plan

B) Fourth Plan

C) Fifth Plan

D) Sixth Plan

✅ Answer: B)
Fourth Plan

10. The
slogan “Garibi Hatao” was associated with which Five-Year Plan?

A) Fourth Plan

B) Fifth Plan

C) Sixth Plan

D) Seventh Plan

✅ Answer: B)
Fifth Plan

11. The
concept of the Rolling Plan was introduced during the rule of which government?

A) Indira Gandhi Government

B) Janata Party Government

C) Atal Bihari Vajpayee Government

D) Rajiv Gandhi Government

✅ Answer: B)
Janata Party Government

12.
NABARD (National Bank for Agriculture and Rural Development) was established
during which plan?

A) Fifth Plan

B) Sixth Plan

C) Seventh Plan

D) Eighth Plan

✅ Answer: B)
Sixth Plan

13. The
Eighth Five-Year Plan (1992–97) coincided with the introduction of which major
economic policy?

A) Green Revolution

B) Nationalisation

C) LPG – Liberalisation, Privatisation, Globalisation

D) Make in India

✅ Answer: C)
LPG – Liberalisation, Privatisation, Globalisation

14.
“Faster, More Inclusive and Sustainable Growth” was the theme of which plan?

A) Tenth Plan

B) Eleventh Plan

C) Twelfth Plan

D) Ninth Plan

✅ Answer: C)
Twelfth Plan

15. The
Five-Year Plan model in India was discontinued after which plan?

A) Tenth Plan

B) Eleventh Plan

C) Twelfth Plan

D) Ninth Plan

✅ Answer: C)
Twelfth Plan

16. Who presented the First Five-Year Plan to the Indian
Parliament?
A) B.R. Ambedkar
B) Lal Bahadur Shastri
C) Jawaharlal Nehru
D) Rajiv Gandhi
✅ Answer:
C) Jawaharlal Nehru

17. The Green Revolution was launched during which
Five-Year Plan?
A) Third Plan
B) Fourth Plan
C) Fifth Plan
D) Sixth Plan
✅ Answer:
B) Fourth Plan

18. The Right to Education Act (RTE) came into effect
during which Five-Year Plan?
A) Ninth Plan
B) Tenth Plan
C) Eleventh Plan
D) Twelfth Plan
✅ Answer:
C) Eleventh Plan

19. During which plan was India’s membership in the World
Trade Organisation (WTO) achieved?
A) Seventh Plan
B) Eighth Plan
C) Ninth Plan
D) Tenth Plan
✅ Answer:
B) Eighth Plan

20. What was the main theme of the Eleventh Five-Year
Plan (2007–2012)?
A) Faster and Sustainable Growth
B) Rapid and More Inclusive Growth
C) Employment and Poverty Removal
D) Self-Reliance and Modernisation
✅ Answer:
B) Rapid and More Inclusive Growth