Question : What was a major criticism of the suspension of Five-year Plans in India?

Option 1: It led to over-dependence on foreign aid.

Option 2: It hindered long-term economic planning.

Option 3: It resulted in excessive privatization of industries.

Option 4: It caused a decline in agricultural productivity.

Question : What was the immediate consequence of the suspension of Five-year Plans in India?

Option 1: Rapid industrial growth

Option 2: Increase in foreign investment

Option 3: Shift towards a market economy

Option 4: Stagnation in economic development

Question : During the suspension of the Five-year Plans, how did the Indian government address immediate economic challenges?

Option 1: By implementing long-term structural reforms

Option 2: By focusing on short-term stabilization measures

Option 3: By increasing foreign aid and loans

Option 4: By privatizing major public sector enterprises

Question : What was the primary reason for the balance of payments crisis in India before liberalization?

Option 1: Low domestic savings

Option 2: High foreign exchange reserves

Option 3: Declining population growth

Option 4: Excessive government spending

Question : What was the primary reason for the suspension of the Five-year Plans in India during the late 1960s?

Option 1: Political instability

Option 2: Natural disasters

Option 3: Economic recession

Option 4: War with neighboring countries