Question : The plan that mainly aims to coordinate both private and public investment and output plans through targets is called _______.
Option 1: indicative planning
Option 2: rolling plan
Option 3: decentralised planning
Option 4: centralised planning
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Correct Answer: indicative planning
Solution : The correct answer is indicative planning.
The plan that mainly aims to coordinate both private and public investment and output plans through targets is called indicative planning or targeted planning. In this type of planning, the government sets broad targets and goals for the overall development of the economy. Still, it allows a significant role for the private sector to achieve these objectives. This approach often contrasts with central or command planning, where the government has more direct control over the economy.
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Question : Considering the five-year plans of India, which of the following is correctly matched?
I. Rolling Plan – Introduced before the Sixth Five-Year Plan II. Mahalanobis Plan – Second Five-Year Plan
Option 1: Only I
Option 2: Both I and II
Option 3: Only II
Option 4: Neither I nor II
Question : Indicative planning was adopted in India during the Five-Year Plan.
Option 1: Sixth
Option 2: Fifth
Option 3: Eighth
Option 4: Fourth
Question : Which of the following is the correct order of Friction?
Option 1: Static > Rolling > Sliding
Option 2: Rolling > Static > Sliding
Option 3: Static > Sliding > Rolling
Option 4: Sliding > Static > Rolling
Question : Which of the following statements is false?
Option 1: A decrease in interest rates will increase investment.
Option 2: An increase in investment can cause an increase in output.
Option 3: An increase in the savings in an economy can cause an increase in current output.
Option 4: A decrease in taxes can cause an increase in output.
Question : The time between program input and output is called:
Option 1: Turnaround time
Option 2: Waiting time
Option 3: Execution time
Option 4: Delay time
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