The concept of five-year plans in the Constitution of India is borrowed from _______.
- A.Russia
- B.England
- C.The United States
- D.Germany
Correct answer
Explanation
The correct answer is A, Russia. India took the idea of five-year plans from the erstwhile Soviet Union, which began its first plan in 1928 under Stalin. Along with it India borrowed Fundamental Duties and the ideal of justice, social, economic and political, in the Preamble, all from the Soviet constitution. India's own First Five Year Plan ran from 1951 to 1956 and focused on agriculture and irrigation; the Planning Commission set up in 1950 prepared the plans, and the Prime Minister was its chairman. The Twelfth Plan, which ended in 2017, was the last, and NITI Aayog replaced the Planning Commission in 2015. Option B is wrong because England gave the parliamentary system, rule of law and single citizenship. Option C is wrong because the United States gave Fundamental Rights and judicial review. Option D is wrong because Germany, that is the Weimar constitution, gave the suspension of Fundamental Rights during an emergency. Exam tip: from the Soviet Union came Fundamental Duties, five-year plans and the ideal of justice in the Preamble.
Practice Questions
View allAccording to the law of diminishing marginal utility, as the amount of a good consumed increases, the marginal utility of that good tends to
- A.improve
- B.diminish
- C.remain constant
- D.first diminish and then improve
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Each extra unit of a good gives a consumer less additional satisfaction than the unit before it, so marginal utility falls as consumption rises.
Read the full explanation →Consider the following statements about impact of tax : 1. A tax is shifted forward to consumers if the demand is inelastic relative to supply. 2. A tax is shifted backward to producers if the supply is relatively more inelastic than demand. Which of the statements given above is/are correct?
- A.1 only
- B.2 only
- C.Both 1 and 2
- D.Neither 1 nor 2
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The burden of a tax falls more heavily on whichever side of the market is less elastic, the side that cannot easily walk away.
Read the full explanation →UBI, as an alternative for subsidies in poverty alleviation, stands for
- A.Union Basic Income
- B.Undefined Basic Income
- C.Unconditional Basic Income
- D.Universal Basic Income
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UBI is the idea of paying every citizen a fixed sum of money regularly, without conditions, in place of a large number of separate subsidies and welfare schemes.
Read the full explanation →Who among the following is the Chairman of the Fourteenth Finance Commission?
- A.C. Rangarajan
- B.Vijay Kelkar
- C.Y. V. Reddy
- D.Rakesh Mohan
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The Fourteenth Finance Commission, set up in 2013 for the award period 2015-2020, was chaired by Y. V. Reddy, a former Governor of the Reserve Bank of India.
Read the full explanation →Why was constitutional amendment needed for introducing GST?
- A.States were not willing to agree with the Union for introduction of GST without amendment in the Constitution.
- B.GST was to be implemented on concurrent base and Article 246 was inadequate for such a case.
- C.The Empowered Committee of Finance Ministers had recommended for constitutional amendment.
- D.The GST Council had recommended for constitutional amendment so that its power enhances.
Show answer
GST is levied by the Union and the States together on the same supply, and Article 246, which splits taxing powers between them through separate lists, did not allow such a concurrent tax.
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