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Economy > Finance commissions > Flashcards

Finance commissions Flashcards

7th june 2024

1
Q

when was the first finance commission launched

A

22nd november 1951

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2
Q

when was Niti Ayog launched

A

2015

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3
Q

who is the chairman of finance commission

A

the prime minister of India

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4
Q

The first five year plan was launched during the year and under the leadership of

A

1951-1956 / Jawaharlal Nehru

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5
Q

what isthe main focus of the first five year plan

A

agricultural development of the country

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6
Q

what was the target of first five year plan

A

2.1 % and achieved the growth rate of 3.6%

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7
Q

when was the IIT were set up in this country

A

first five year plan

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8
Q

when was the Khadi village board were established

A

first five year plan

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9
Q

what was the time duration of second five year plan

A

1956 to 1961

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10
Q

who is the chairman of second five year plan

A

Jawaharlal Nehru

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11
Q

Second five year plan made on the basis of

A

P.C.Mahalanobis model made in 1953

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12
Q

what is the target of second five year plan

A

4.5%

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13
Q

what is the achieved target percentage of second five year plan

A

4.27%

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14
Q

when was the third five year plan initiated

A

1961-1966 under the leadership of Jawaharlal Nehru

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15
Q

which plan is called Galdhil Yojana

A

third five year plan

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16
Q

what is the main target of third five year plan

A

economy independent and agriculture and production of wheat

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17
Q

what is the target of growth rate of third five year planq

A

5.6 % and achieved 2.4%

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18
Q

when does the panchasee agreement violated

A

1962 INdo china war

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19
Q

when was the pancha sheel agreement was signed

A

1954

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20
Q

when Indo pakistan war happened

A

1965

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21
Q

who is the prime minister during Indo pakistan war

A

Lal bahadur shastri

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22
Q

which plan is known as the fist officially declared as failed five year plan

A

third five year plan

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23
Q

during which time plan holidays were announced

A

1966-1969 due to the failed plan of third five year plan

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24
Q

what is the time duration of fourth five year plan

A

1969 to 1974 under the chairmanship of smt Indira Gandhi

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25
Q

when was the 14 major banks were nationalised

A

fourth five year plan

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26
Q

Under which five year plan Green revolution happened

A

Fourth five year plan

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27
Q

when the Indo pakistani war of 1971 and Bangladesh liberation war took place

A

fourth five plan during the year 1971

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28
Q

what is the target of fourth five year plan and achievement

A

5.7% and achieved 3.3 %`

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29
Q

when was the first nuclear test happened in India

A

1974 Pokhran it is called operation smiling Buddha

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30
Q

which Indian operation is known as the smiling buddha

A

1974 Pokhran test

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31
Q

what is the time period of fifthe five year plan

A

1974-1978

32
Q

what are the focus of the fifth five year plan

A

Garibi Hatao, employment , Justice and agriculture

33
Q

when was the electricity supply act was amended

A

1975- fifth five year plan

34
Q

when was the twenty point program and minimum needs program and the Indian national highway system was Introduced

A

1975- fifth five year plan

35
Q

what was the growth rate of fifth five year plan

A

4.8% against 4.4%

36
Q

which five year plan was terminated by the newly elected Moraji Desai government

A

Fifth five year plan in 1978

37
Q

who is the non congress prime minister of India after Independence

A

Janatha party - Moraji desai

38
Q

what was the major objective fifth five year plan

A

removal of poverty and self reliance are the two major objectives

39
Q

what was the plan brought after the fifth five year plan

A

Rolling plan 1978-1980

40
Q

the rolling plan were rejected in 1980 by

A

The congress

41
Q

what is the time period of sixth five year plan

A

1980-1985

42
Q

who is the chairman of sixth five year plan

A

smt Indira Gandhi

43
Q

what is the growth rate of sixth five year plan

A

5.7% against the target of 5.2%

44
Q

operation blue happened during which period

A

1 st June 1984 against Khalisthani leader Jarnial singh Bhindrenwala

45
Q

what are the basic objectives of sixth five year plan

A

economic liberalization by eradicating poverty and achieving technology reliance

46
Q

when was the smt Indira Gandhi was assasinated

A

31 st october 1984

47
Q

when was the bhopal gas tragedy happened

A

2 dec 1984

48
Q

when was the seventh five year plan was established

A

1985 - 1990

49
Q

who is the chairman of seventh five year plan

A

Raiv Gandhi

50
Q

what is the objective of the seventh five year plan

A

Self sufficient economy , oppurtunities for productive employment and up gradation of technology

51
Q

what is the achieved target of seventh five year plan

A

5.01 and achieved 6.01 %

52
Q

there were two annual plans were formed for the year 1990-91, 91-92

A

due to the volatile situation in the country

53
Q

when was the eighth five year plan was introduced

A

1992-1997 under the chairmanship of Narasima rao

54
Q

what is the main focus of the eighth five year plan

A

Eradicating illiteracy in the age group of 15-35

55
Q

which financial rate achieved the highest growth rate since independence

A

eighth five year plan with the highest annual growth rate of 6.8% against the target of 5.6 %

56
Q

when was the ninth five year plan introduced

A

1997-2002 under the leadership of Atal Bihari Vajpayee

57
Q

what is the main focus of ninth five year plan

A

Growth with social justice and equality

58
Q

what was the growth rate of ninth five year plan

A

5.6 % agains the target of 6.5%

59
Q

what was the year the Kargil war was fought and operation shakthi took place

A

1999

60
Q

when was the tenth five year plan introduced

A

2002-2007 under the leadrship of Atal bbihari vajpayee and Manmohan singh

61
Q

what was the main objective of Tenth five year plan

A

Reduce the poverty of Indians to 15% by 2012

62
Q

what was the growth rate of tenth five year plane

A

7.6% against 8.0%

63
Q

when was the twelth five year plan was introduced

A

2007-2012 under the leadership of Manmohan singh

64
Q

who prepared the eleventh five year plan

A

C. Rangarajan

65
Q

what was thegrowth rate of india

A

8% against the target of 9%

66
Q

when was the twelth five year plan introduced

A

2012-2017

67
Q

what is the theme of Twelth five year plan

A

Faster more inclusive and sustainalble growth

68
Q

the growth rate of twelth five year plan was

A

8 %

69
Q

what is fiscal deficit

A

total ncome - total expenditure

70
Q

current account deficit is

A

when imports of goods and services is greater than export

71
Q
A
72
Q

In which five year plan was the advocated planning was shifted from agriculture to Industries

A

Second five year plan

73
Q

who is the final approval authority of five year plan

A

National development council

74
Q

what is the objective of fourth five year plan

A

Growth and stability

75
Q

The planning commission of India was established in

A

15 march 1950

76
Q

The slogan Garibi hatoa is used in

A

fifth five year plan

77
Q
A

Economy (2 decks)

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