Which one of the following statements is not correct in regard to the functions performed by the Planning Commission?a)It makes an assessment of the material, economic and human resources of the country.b)It makes recommendations to the President of India with regard to distribution of proceeds of taxes between the Union and the States.c)It formulates plans for the most effective and balanced utilisation of countryandrsquo;s resources.d)It appraises from time to time the progress made in the execution of each stage of the plan and recommends adjustments in policy and measures which it deems necessary.Correct answer is option 'B'. Can you explain this answer?

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Which one of the following statements is not correct in regard to the functions performed by the Planning Commission?

a)
It makes an assessment of the material, economic and human resources of the country.
b)
It makes recommendations to the President of India with regard to distribution of proceeds of taxes between the Union and the States.
c)
It formulates plans for the most effective and balanced utilisation of country’s resources.
d)
It appraises from time to time the progress made in the execution of each stage of the plan and recommends adjustments in policy and measures which it deems necessary.

Correct answer is option 'B'. Can you explain this answer?

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Which one of the following statements is not correct in regard to the ...

The Indian Planning Commission's functions as outlined by the Government's 1950 resolution are following:

To make an assessment in the material, capital and human resources of India, including technical personnel, and investigate the possibilities of augmenting those are related resources which are found to be deficient in relation to the nation's requirement.
To formulate a plan for the most effective and balanced utilisation of country's resources.
To define the stages, on the basis of priority, in which the plan should be carried out and propose the allocation of resources for the due completion of each stage.
To indicate the factors that tend to retard economic development.
To determine the conditions which need to be established for the successful execution of the plan within the incumbent socio-political situation of the country.
To determine the nature of the machinery required for securing the successful implementation of each stage of the plan in all its aspects.
To appraise from time to time the progress achieved in the execution of each stage of the plan and also recommend the adjustments of policy and measures which are deemed important vis-a-vis a successful implementation of the plan.
To make necessary recommendations from time to time regarding those things which are deemed necessary for facilitating the execution of these functions. Such recommendations can be related to the prevailing economic conditions, current policies, measures or development programmes. They can even be given out in response to some specific problems referred to the commission by the central or the state governments.

Answered by Notes Wala · View profile

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Which one of the following statements is not correct in regard to the functions performed by the Planning Commission?a)It makes an assessment of the material, economic and human resources of the country.b)It makes recommendations to the President of India with regard to distribution of proceeds of taxes between the Union and the States.c)It formulates plans for the most effective and balanced utilisation of country’s resources.d)It appraises from time to time the progress made in the execution of each stage of the plan and recommends adjustments in policy and measures which it deems necessary.Correct answer is option 'B'. Can you explain this answer?

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