The document is a test for a class on Indian Economy. It contains two sections. Section A contains 6 multiple choice questions worth 5 marks each, totaling 30 marks. The questions cover topics like five-year plans, NITI Aayog functions, features of capitalist and socialist economies, and demerits of capitalist economies. Section B contains 2 long answer questions worth 10 marks each, totaling 20 marks. One question asks students to discuss how the Indian economy is a mixed system, and the other asks about NITI Aayog's achievements in Indian economic development.
The document is a test for a class on Indian Economy. It contains two sections. Section A contains 6 multiple choice questions worth 5 marks each, totaling 30 marks. The questions cover topics like five-year plans, NITI Aayog functions, features of capitalist and socialist economies, and demerits of capitalist economies. Section B contains 2 long answer questions worth 10 marks each, totaling 20 marks. One question asks students to discuss how the Indian economy is a mixed system, and the other asks about NITI Aayog's achievements in Indian economic development.
The document is a test for a class on Indian Economy. It contains two sections. Section A contains 6 multiple choice questions worth 5 marks each, totaling 30 marks. The questions cover topics like five-year plans, NITI Aayog functions, features of capitalist and socialist economies, and demerits of capitalist economies. Section B contains 2 long answer questions worth 10 marks each, totaling 20 marks. One question asks students to discuss how the Indian economy is a mixed system, and the other asks about NITI Aayog's achievements in Indian economic development.
1. Describe the importance of Five year plans in Growth of Indian Economy
2. Explain the various functions of NITI Aayog 3. Explain the important features of Capitalistic economy 4. List out the important features of Socialistic economy 5. Explain the demerits of Capitalistic economy
SECTION – B (2 X 10 = 20)
(ANSWER ALL THE QUESTIONS)
6. Indian Economy is a Mixed Economic System - Discuss
7. Explain the various achievements of NITI Aayog in Indian economical development