Eighth Five-Year Plan (1992-97)

Description: This quiz is designed to assess your knowledge of the Eighth Five-Year Plan (1992-97) of India. The questions cover various aspects of the plan, including its objectives, strategies, achievements, and challenges.
Number of Questions: 15
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Tags: indian economics economic planning five-year plans eighth five-year plan
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What was the primary objective of the Eighth Five-Year Plan?

  1. Accelerated economic growth

  2. Poverty alleviation

  3. Employment generation

  4. Infrastructure development


Correct Option: A
Explanation:

The Eighth Five-Year Plan aimed to achieve accelerated economic growth with a target of 5.6% annual growth rate.

Which sector received the highest allocation of funds under the Eighth Five-Year Plan?

  1. Agriculture

  2. Industry

  3. Services

  4. Infrastructure


Correct Option: D
Explanation:

Infrastructure received the highest allocation of funds, accounting for 39% of the total plan outlay.

What was the strategy adopted by the Eighth Five-Year Plan to promote employment generation?

  1. Encouraging small-scale industries

  2. Promoting labor-intensive technologies

  3. Expanding rural employment programs

  4. All of the above


Correct Option: D
Explanation:

The Eighth Five-Year Plan adopted a multi-pronged strategy to promote employment generation, including encouraging small-scale industries, promoting labor-intensive technologies, and expanding rural employment programs.

Which of the following was not a major challenge faced during the implementation of the Eighth Five-Year Plan?

  1. Resource constraints

  2. Political instability

  3. Natural calamities

  4. Technological advancements


Correct Option: D
Explanation:

Technological advancements were not a major challenge faced during the implementation of the Eighth Five-Year Plan.

What was the average annual growth rate achieved during the Eighth Five-Year Plan period?

  1. 4.3%

  2. 5.6%

  3. 6.8%

  4. 7.5%


Correct Option: B
Explanation:

The Eighth Five-Year Plan achieved an average annual growth rate of 5.6%, which was in line with the targeted growth rate.

Which of the following was a major achievement of the Eighth Five-Year Plan?

  1. Increased agricultural production

  2. Improved infrastructure

  3. Expansion of social welfare programs

  4. All of the above


Correct Option: D
Explanation:

The Eighth Five-Year Plan achieved significant progress in various sectors, including increased agricultural production, improved infrastructure, and expansion of social welfare programs.

What was the estimated investment required for the implementation of the Eighth Five-Year Plan?

  1. Rs. 4,34,000 crore

  2. Rs. 5,68,000 crore

  3. Rs. 7,90,000 crore

  4. Rs. 9,20,000 crore


Correct Option: A
Explanation:

The estimated investment required for the implementation of the Eighth Five-Year Plan was Rs. 4,34,000 crore.

Which sector received the second highest allocation of funds under the Eighth Five-Year Plan?

  1. Agriculture

  2. Industry

  3. Services

  4. Social welfare


Correct Option: A
Explanation:

Agriculture received the second highest allocation of funds, accounting for 27% of the total plan outlay.

What was the targeted growth rate for the industrial sector under the Eighth Five-Year Plan?

  1. 7.5%

  2. 8.5%

  3. 9.5%

  4. 10.5%


Correct Option: B
Explanation:

The Eighth Five-Year Plan targeted an industrial growth rate of 8.5% per annum.

Which of the following was not a key strategy adopted by the Eighth Five-Year Plan to promote sustainable development?

  1. Conservation of natural resources

  2. Promotion of renewable energy sources

  3. Adoption of energy-efficient technologies

  4. Expansion of heavy industries


Correct Option: D
Explanation:

Expansion of heavy industries was not a key strategy adopted by the Eighth Five-Year Plan to promote sustainable development.

What was the targeted growth rate for the agricultural sector under the Eighth Five-Year Plan?

  1. 3.5%

  2. 4.5%

  3. 5.5%

  4. 6.5%


Correct Option: B
Explanation:

The Eighth Five-Year Plan targeted an agricultural growth rate of 4.5% per annum.

Which of the following was a major challenge faced during the implementation of the Eighth Five-Year Plan?

  1. Resource constraints

  2. Political instability

  3. Natural calamities

  4. All of the above


Correct Option: D
Explanation:

The Eighth Five-Year Plan faced several challenges during its implementation, including resource constraints, political instability, and natural calamities.

What was the estimated investment required for the implementation of the Eighth Five-Year Plan in the public sector?

  1. Rs. 2,50,000 crore

  2. Rs. 3,25,000 crore

  3. Rs. 4,00,000 crore

  4. Rs. 4,75,000 crore


Correct Option: A
Explanation:

The estimated investment required for the implementation of the Eighth Five-Year Plan in the public sector was Rs. 2,50,000 crore.

Which of the following was a major achievement of the Eighth Five-Year Plan in the social sector?

  1. Increased literacy rate

  2. Improved healthcare facilities

  3. Expansion of social welfare programs

  4. All of the above


Correct Option: D
Explanation:

The Eighth Five-Year Plan achieved significant progress in the social sector, including increased literacy rate, improved healthcare facilities, and expansion of social welfare programs.

What was the targeted growth rate for the services sector under the Eighth Five-Year Plan?

  1. 6.5%

  2. 7.5%

  3. 8.5%

  4. 9.5%


Correct Option: C
Explanation:

The Eighth Five-Year Plan targeted a services sector growth rate of 8.5% per annum.

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