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 cause of famine in India during the era of planned development?

Option 1: Industrial pollution

Option 2: Agricultural mismanagement

Option 3: Political instability

Option 4: Economic sanctions

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.