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B Com Exam  >  B Com Tests  >  Business Environment  >  Test: Economic Planning - B Com MCQ

Test: Economic Planning - B Com MCQ


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10 Questions MCQ Test Business Environment - Test: Economic Planning

Test: Economic Planning for B Com 2024 is part of Business Environment preparation. The Test: Economic Planning questions and answers have been prepared according to the B Com exam syllabus.The Test: Economic Planning MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Economic Planning below.
Solutions of Test: Economic Planning questions in English are available as part of our Business Environment for B Com & Test: Economic Planning solutions in Hindi for Business Environment course. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free. Attempt Test: Economic Planning | 10 questions in 10 minutes | Mock test for B Com preparation | Free important questions MCQ to study Business Environment for B Com Exam | Download free PDF with solutions
Test: Economic Planning - Question 1
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What is the primary role of NITI Aayog?

Detailed Solution for Test: Economic Planning - Question 1
NITI Aayog is a policy think tank that replaces the Planning Commission. Its main role is to formulate policies, provide strategic advice on economic matters, and foster cooperative federalism between the central government and the states.
Test: Economic Planning - Question 2
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Which body in NITI Aayog consists of Chief Ministers of all states and Union Territories?

Detailed Solution for Test: Economic Planning - Question 2
The Governing Council in NITI Aayog comprises the Chief Ministers of all states and Union Territories with legislatures, along with Lieutenant Governors of other Union Territories. This council provides a platform for cooperative federalism in policy-making.
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Test: Economic Planning - Question 3
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What is the purpose of forming Regional Councils within NITI Aayog?

Detailed Solution for Test: Economic Planning - Question 3
Regional Councils in NITI Aayog are formed to address specific issues and disputes impacting more than one state or a region. They aim to resolve common problems that may delay developmental projects and promote cooperation among states.
Test: Economic Planning - Question 4
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Who chairs the Regional Councils within NITI Aayog?
Detailed Solution for Test: Economic Planning - Question 4
The Regional Councils within NITI Aayog are chaired by the Chairperson of NITI Aayog or their nominee. These councils bring together Chief Ministers of states and Lt. Governors of Union Territories to address specific regional issues.
Test: Economic Planning - Question 5
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Who is responsible for appointing the Vice-Chairperson of NITI Aayog?
Detailed Solution for Test: Economic Planning - Question 5
The Prime Minister of India is responsible for appointing the Vice-Chairperson of NITI Aayog. This position plays a significant role in the policy-making and advisory functions of the organization.
Test: Economic Planning - Question 6
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What is the role of the CEO in NITI Aayog?
Detailed Solution for Test: Economic Planning - Question 6
The CEO of NITI Aayog oversees the implementation and monitoring of various government programs and initiatives. They play a crucial role in evaluating the effectiveness of policies and ensuring their successful execution.
Test: Economic Planning - Question 7
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What is the main concept behind the formation of NITI Aayog?
Detailed Solution for Test: Economic Planning - Question 7
The main concept behind NITI Aayog is to foster cooperative federalism, promoting healthy competition among states for development. It aims to involve states in policy formulation, ensuring their active participation in decision-making.
Test: Economic Planning - Question 8
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What is the primary role of Regional Councils in NITI Aayog?
Detailed Solution for Test: Economic Planning - Question 8
Regional Councils within NITI Aayog play a crucial role in resolving specific issues and disputes that impact more than one state. Their aim is to promote cooperation and settlement of common problems for smoother development.
Test: Economic Planning - Question 9
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How is NITI Aayog different from the Planning Commission?
Detailed Solution for Test: Economic Planning - Question 9
NITI Aayog differs from the Planning Commission in its approach. While the Planning Commission focused on allocating funds, NITI Aayog emphasizes cooperative federalism, policy formulation, and active participation of states in decision-making.
Test: Economic Planning - Question 10
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What is the purpose of having special invitees in NITI Aayog?
Detailed Solution for Test: Economic Planning - Question 10
Special invitees in NITI Aayog are nominated to provide their expertise and knowledge on specific domains. These experts contribute to policy discussions, ensuring a well-rounded approach to decision-making and advisory functions.
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Important Questions for Economic Planning

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Economic Planning MCQs with Answers

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Online Tests for Economic Planning Business Environment

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