General Economics 2 MCQs and Notes

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📊 General Economics 2
Q. The term 'Hindu rate of growth' refers to the 3.70% per annum growth rate achieved by the Indian economy over the first six Five Year Plans'. The term was coined by:
  • (A) J.N. Bhagwati
  • (B) K.N. Raj
  • (C) Raj Krishna
  • (D) Sukhamoy Chakravarty
💬 Discuss
✅ Correct Answer: (C) Raj Krishna
📊 General Economics 2
Q. Who among the following authored the book 'Planned Economy for India' in 19
  • (A) D.R. Gadgil
  • (B) M.N. Roy
  • (C) M. Viswesvaraya
  • (D) V.K.R.V Roy
💬 Discuss
✅ Correct Answer: (C) M. Viswesvaraya
📊 General Economics 2
Q. The Second Five Year Plan laid more stress upon:
  • (A) Agriculture '
  • (B) Industrialization
  • (C) Removing poverty
  • (D) Self reliance
💬 Discuss
✅ Correct Answer: (B) Industrialization
📊 General Economics 2
Q. The People's Campaign for Decentralized Planning was formally inaugurated on:
  • (A) 15th August 1995
  • (B) 11th November 1994
  • (C) 17th August 1996
  • (D) None
💬 Discuss
✅ Correct Answer: (C) 17th August 1996
📊 General Economics 2
Q. The initial name of the decentralized planning in Kerala is:
  • (A) People's Plan Campaign
  • (B) Kerala Development Plan
  • (C) Both
  • (D) None
💬 Discuss
✅ Correct Answer: (A) People's Plan Campaign

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