UPSC 1996 › Indian Economy › Economic Planning & Five-Year Plans
2 questions · 1996 · answers as per the UPSC key
UPSC 1996 · Q27 · Indian Economy › Economic Planning & Five-Year Plans · Save
Which one of the following is correct regarding stabilization and structural adjustment as two components of the new economic policy adopted in India?
(a) Stabilization is a gradual, multi-step process while structural adjustment is a quick adaptation process
(b) Structural adjustment is a gradual, multi-step process, while stabilization is a quick adaptation process
(c) Stabilization and structural adjustment are very similar and complementary policies. It is difficult to separate one from the other
(d) Stabilization mainly deals with a set of policies which are to be implemented by the Central Government while structural adjustment is to be set in motion by the State Governments
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Answer: (b) Structural adjustment is a gradual, multi-step process, while stabilization is a quick adaptation process
UPSC 1996 · Q56 · Indian Economy › Economic Planning & Five-Year Plans · Save
The Eighth Five-Year Plan is different from the earlier ones. The critical difference lies in the fact that
(a) it has a considerably larger outlay compared to the earlier plans
(b) it has a major thrust on agricultural and rural development
(c) considerable emphasis is placed on infrastructure growth
(d) industrial licensing has been abolished
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Answer: (d) industrial licensing has been abolished