Question : How did the expansion of the state sector during the Five-year Plans impact India's balance of payments?
Option 1: It improved the balance of payments.
Option 2: It had no significant impact.
Option 3: It worsened the balance of payments.
Option 4: It stabilized the balance of payments.
Correct Answer: It worsened the balance of payments.
Solution : The expansion of the state sector during the Five-year Plans worsened India's balance of payments, as increased government spending and investments in public sector enterprises led to higher imports and external borrowing.
Question : What was the impact of the expansion of the state sector on India's fiscal deficit during the initial Five-year Plans?
Option 1: It led to a significant reduction in the fiscal deficit.
Option 2: It had no impact on the fiscal deficit.
Option 3: It contributed to an increase in the fiscal deficit.
Option 4: It resulted in a balanced budget.
Question : How did the introduction of high-yielding variety seeds during the Green Revolution impact India's food security?
Option 1: It worsened food security due to monoculture.
Option 2: It improved food security by increasing grain production.
Option 3: It had no significant impact on food security.
Option 4: It led to a decrease in the availability of nutritious food.
Question : How did the expansion of the state sector during the Five-year Plans impact the Indian economy?
Option 1: It led to a decrease in public sector employment.
Option 2: It resulted in increased foreign investment.
Option 3: It contributed to the growth of the public sector and infrastructure development.
Option 4: It caused a significant decline in GDP growth.
Question : What was the impact of the expansion of the state sector on private sector development during the initial Five-year Plans?
Option 1: It fostered healthy competition.
Option 2: It provided support through subsidies.
Option 3: It led to a crowding out of private investment.
Option 4: It encouraged joint ventures with foreign companies.
Question : What impact did the expansion of the state sector have on private enterprises during the initial Five-year Plans?
Option 1: Encouraged private investment
Option 2: Led to privatization of industries
Option 3: Restricted the growth of private enterprises
Option 4: Promoted foreign collaborations
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