Economic growth measures the_______

(a)

Growth of productivity

(b)

Increase in nominal income

(c)

Increase in output

(d)

None of the above

The supply side vicious circle of poverty suggests that poor nations remain poor because

(a)

Saving remains low

(b)

Investment remains low

(c)

There is a lack of effective government

(d)

a and b above

Which of the following plan has focused on the agriculture and rural economy

(a)

People's Plan

(b)

Bombay Plan

(c)

Gandhian Plan

(d)

Vishveshwarya Plan

M.N. Roy was associated with_______

(a)

Congress Plan

(b)

People's Plan

(c)

Bombay Plan

(d)

None of the above

Long-term plan is also known as_______

(a)

Progressive Plans

(b)

Non-progressive Plans

(c)

Perspective Plans

(d)

Non-perspective Plans

Define economic planning

What are the social indicators of economic development?

Write a short note on NITI Aayog

Describe the case for planning

Distinguish between functional and structural planning.

What are the functions of NITI Aayog?

Discuss the economic determinants of economic development.

Bring out the arguments against planning.