My Learning Cart
?
Categories
Account

What is the significance of the Planning Commission in India?

₹0.0
Login to Download
  • 📥 Instant PDF Download
  • ♾ Lifetime Access
  • 🛡 Secure & Original Content

What’s inside this PDF?

Question: What is the significance of the Planning Commission in India?

Options:

  1. To formulate Five-Year Plans
  2. To regulate banks
  3. To control inflation
  4. To manage foreign trade

Correct Answer: To formulate Five-Year Plans

Solution: 

The Planning Commission was established to formulate Five-Year Plans aimed at economic development and resource allocation.

What is the significance of the Planning Commission in India?

Practice Questions

Q1
What is the significance of the Planning Commission in India?
  1. To formulate Five-Year Plans
  2. To regulate banks
  3. To control inflation
  4. To manage foreign trade

Questions & Step-by-Step Solutions

What is the significance of the Planning Commission in India?
  • Step 1: Understand that the Planning Commission is a government body in India.
  • Step 2: Know that it was created to help plan the country's economic growth.
  • Step 3: Learn that it focuses on making Five-Year Plans, which are long-term strategies for development.
  • Step 4: Recognize that these plans help decide how to use resources like money, land, and labor effectively.
  • Step 5: Realize that the Planning Commission aims to improve the overall economy and living standards in India.
No concepts available.
Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely
Home Practice Performance eBooks