UPSC Economics- Planning, Unemployment and Poverty in India Set 1

private sector was inefficient ✘ state alone can ensure decentralization of wealth ✘ private sector was neither willing nor capable of investing in certain sectors ✘ the commanding heights of the economy should be in the public sector ✔

Reducing the number of persons living in extreme poverty by one half of 2015 ✘ Universal primary education by 2015 ✘ Reduction of infant and child mortality by 2/3rd by 2015 ✘ Reducing the total population by 1/3rd ✔

deflationary conditions ✘ heavy industry bias ✘ shortage of raw materials ✘ inadequate productive capacity ✔

persons with no jobs ✘ more persons employed for a job which a few can Accomplish ✘ unemployment among women ✘ unemployment of people above 60 years of age ✔

Structural unemployment ✘ Functional unemployment ✘ Cyclical unemployment ✘ Disguised unemployment ✔

one year ✘ indefinite ✘ one month ✘ one week ✔

US data ✘ CWS data ✘ None of the two ✘ Both [a] and [b] ✔

Article 38 ✘ Article 39 ✘ Article 42 ✘ 51 A ✔

laying down broad goals and strategies ✘ centralised planning ✘ fixing flexible targets ✘ changing existing institutions or creating new ones ✔

Lewis-Fei model ✘ Mahalanobis model ✘ Harrod Domar model ✘ Keynesian model ✔