Question : Indicative planning was adopted in India during the Five-Year Plan.
Option 1: Sixth
Option 2: Fifth
Option 3: Eighth
Option 4: Fourth
Correct Answer: Eighth
Solution : The correct option is the eighth.
India shifted from centralised planning to indicative planning during the Eighth Five-Year Plan (1992–97) in response to economic liberalisation. In indicative planning, the government outlines broad goals, allowing the private sector flexibility to achieve them. This approach, ongoing since then, fosters economic growth, development, and private sector expansion. With the liberalisation of the Indian economy in the early 1990s, there was a shift towards a more market-led approach.
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Question : The Planning Commission of India was established in the year
Option 1: 1947
Option 2: 1949
Option 3: 1950
Option 4: 1952
Question : The era of five-year plans began in India with the establishment of______.
Option 1: The NITI Aayog
Option 2: The Parliament
Option 3: The Finance Commission
Option 4: The Planning Commission
Question : The Constitution of India was framed by
Option 1: Planning Commission
Option 2: Constituent Assembly
Option 3: President
Option 4: Working Committee
Question : The Constitution of India was formed by the
Question : The Planning Commission of India was replaced by NITI Aayog in_____________.
Option 1: 2016
Option 2: 2015
Option 3: 2018
Option 4: 2017
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