Question : What was the primary reason for the suspension of the Five-year Plans in India during the late 1960s?
Option 1: Political instability
Option 2: Natural disasters
Option 3: Economic recession
Option 4: War with neighboring countries
Correct Answer: Political instability
Solution : The primary reason for the suspension of the Five-year Plans in India during the late 1960s was political instability, including internal conflicts and challenges faced by the government, which disrupted the planning process.
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Question : What was the primary objective of the annual plans implemented during the suspension of the Five-year Plans in India?
Option 1: To focus on short-term economic stabilization
Option 2: To prioritize long-term industrial development
Option 3: To promote export-oriented growth
Option 4: To implement social welfare programs
Question : What was a major economic challenge faced by India during the suspension of the Five-year Plans?
Option 1: Hyperinflation
Option 2: Balance of payments crisis
Option 3: Excessive foreign debt
Option 4: Decline in industrial output
Question : During which Five-year Plan was the suspension of the planning process observed in India?
Option 1: First Five-year Plan
Option 2: Third Five-year Plan
Option 3: Fifth Five-year Plan
Option 4: Sixth Five-year Plan
Question : What was the immediate consequence of the suspension of Five-year Plans in India?
Option 1: Rapid industrial growth
Option 2: Increase in foreign investment
Option 3: Shift towards a market economy
Option 4: Stagnation in economic development
Question : What was a major criticism of the suspension of Five-year Plans in India?
Option 1: It led to over-dependence on foreign aid.
Option 2: It hindered long-term economic planning.
Option 3: It resulted in excessive privatization of industries.
Option 4: It caused a decline in agricultural productivity.
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