Which of the following statements is correct?

A) Planning Commission is a constitutional body

B) The Prime Minister is the Chairman of the Planning Commission

C) The Minister of Planning is always necessarily the Deputy Chairman of
Planning Commission

D) The draft plan is prepared by the National Development Council

Correct Answer:
B) The Prime Minister is the Chairman of the Planning Commission

Part of solved Nature of Indian Economy questions and answers : General Knowledge >> Economy >> Nature of Indian Economy


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1). The principal reason why national economic planning is still being pursued
in spite of embracing a market economy since 1991 is that :
A). The vast quantity of capital already deployed in the public sector needs to be
B). The market economy is mainly confined to industry and commerce and
central in agriculture is necessary.
C). it is a constitutional requirement
D). Five Year Plans can continue to provide a long-term perspective to the
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C). economy is about to collapse
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3). Planning in India derives its objectives from :
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B). Directive Principles of State policy
C). Fundamental Duties
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A). public sector
B). primary sector
C). secondary sector
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5). Economic survey is published by :
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6). Which one of the following is NOT within the duties of the Planning Commission ?
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7). The basic difference between imperative and indicative planning is that :
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C). In the case of imperative planning, the market mechanism is entirely replaced
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B). 1, 2 and 3
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B). I and IV
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