UPSC IFS Practice Quiz

Question 1

In the Indian planning framework before 2015, which document primarily translated the broad objectives of a Five Year Plan into annual budgetary and implementation priorities for the Union government?

Accepted Answer

Annual Plan

Question 2

Which of the following best captures the central objective of indicative planning in a mixed economy?

Accepted Answer

Guiding private and public investment through signals, forecasts, and policy incentives

Question 3

Suppose a planner uses the Harrod-Domar relation g = s/v, where g is growth rate, s is savings ratio, and v is ICOR. If the savings ratio remains unchanged but ICOR rises, what follows?

Accepted Answer

Growth rate falls

Question 4

A development plan allocates substantial resources to irrigation, rural roads, agricultural research, and extension services with the expectation that this will also stimulate non-farm rural activities. This is best understood as relying primarily on:

Accepted Answer

Agricultural growth linkages to broader rural development

Question 5

The Mahalanobis strategy in India’s Second Five Year Plan gave relative priority to which of the following?

Accepted Answer

Heavy industries and capital goods sector

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