Previous year MCQs

Economy UPPSC 2007 GS-I
Question

The Indian planned economy is based:

Answer & Solution

Answer: (Detailed Solution Below)

Option D: On Mixed economy

Detailed Solution:

The correct answer is “On Mixed economy ”.
India's planned economy is based on a mixed economy model, which combines elements of capitalism and socialism.

Similar Questions:

Government of India first Nationalized of 14 major commercial banks:
  1. A) In the year of 1956
  2. B) In the year of 1959
  3. C) In the year of 1969
  4. D) In the year of 1971
A group formed by India, Brazil, China and other developing countries for future negotiations at WTO is known as:
  1. A) G-77
  2. B) G-55
  3. C) G-22
  4. D) G-11
Match List – I with List – II and select the correct answer from the code given below the lists.
List-I (Revolution) – List – II (Related with)

A. Golden Revolution – 1. Oil seed production
B. Grey Revolution – 2. Horticulture and Honey
C. Yellow Revolution – 3. Petroleum production
D. Black Revolution – 4. Fertilizers

Code :
A B C D
  1. A) 2 4 1 3
  2. B) 2 3 4 1
  3. C) 1 2 3 4
  4. D) 4 2 1 3
Who authored the book "The Challenge of World Poverty"?
  1. A) Adam Smith
  2. B) Amartya Sen
  3. C) Gunnar Myrdal
  4. D) Jean Dreze
In whose reign permanent settlement was started?
  1. A) Warren Hastings
  2. B) Lord Cornwallis
  3. C) Sir John Shore
  4. D) Lord Wellesley
The concept of 'Vicious Circle of Poverty' is related to:
  1. A) Karl Marx
  2. B) Nurkse
  3. C) Adam Smith
  4. D) None of the above
Credit Deposit Ratio of Commercial Banks in UP has since 1971:
  1. A) continuously declined
  2. B) continuously increased
  3. C) remained constant
  4. D) first increased till 1990 and then declined
In the field of information technology which of the following company had awarded international 'del Carnegie leadership' award 2007?
  1. A) Boeing
  2. B) WalMart
  3. C) Wipro
  4. D) Delmar Krisler
Invisible export means export of
  1. A) Services
  2. B) Prohibited goods
  3. C) Unrecorded goods
  4. D) Goods through smuggling
Hindu Rate of growth refers to the rate of growth of:
  1. A) GDP
  2. B) Population
  3. C) Food grains
  4. D) Per capita income
Who was the National leader elected as the Speaker of the Central Legislative Assembly in 1925?
  1. A) Motilal Nehru
  2. B) Vithalbhai Patel
  3. C) Vallabhbhai Patel
  4. D) CR Das
A labour intensive industry is one that
  1. A) Requires hard manual labour
  2. B) Pays adequate wages to the labour
  3. C) Employs more hands
  4. D) Provides facilities to labour