The 'Tenth Five Year Plan' period was: MCQ with Answer and Explanation

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The 'Tenth Five Year Plan' period was:

A. 2000-2005

B. 2002-2007

C. 1997-2002

D. 2007-2012

Answer: Option B

Solution (By JKSSB Mock Tests)

The Tenth Five Year Plan covered 2002-2007.

This question belongs to: Economy GK Economy Set 1

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Question #1

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Which of the following is a feature of the classical theory of employment?

A. Importance of effective demand

B. Full employment as a normal condition

C. Liquidity trap

D. Possibility of underemployment equilibrium

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Correct Answer: Option B

Explanation:
Classical theory assumes that the economy always tends towards full employment through flexible wages and prices. Underemployment equilibrium and liquidity trap are Keynesian concepts.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Regional Rural Banks' were established in India in which year?

A. 1991

B. 1969

C. 1975

D. 1980

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Correct Answer: Option C

Explanation:
Regional Rural Banks were established in 1975.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Biological Diversity Act' was enacted in which year?

A. 2010

B. 2002

C. 2000

D. 2006

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Correct Answer: Option B

Explanation:
The Biological Diversity Act was enacted in 2002.

This question belongs to: Economy GK Economy Set 1

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