Top 40 Expected Economy Questions for SSC CGL Online Exam 2025

For aspirants preparing for competitive exams like SSC, UPSC, State PCS, Railways, and other government exams, understanding the framework, objectives, and achievements of these Five Year Plans is essential. As part of the Economy Questions for SSC CGL Exam, this article presents 40 carefully curated multiple-choice questions (MCQs) that cover critical aspects of all Five Year Plans—from the First to the Twelfth. These MCQs focus on timelines, key policy decisions, developmental models, major schemes, and institutional developments.

Economy Questions for SSC CGL Exam

Questions related to India’s economic planning are frequently asked in General Studies, Economics, and Indian Polity sections of competitive exams. These questions are usually factual in nature and require a good memory of years, objectives, and key developments. Practicing these MCQs will not only enhance your conceptual understanding but also help you retain important facts for exam day.

Q1. What was the duration of the first five year plan?

1. 1950-56
2. 1950-55
3. 1955-60
4. 1961-66

Ans: (A) 1950-56

Q2. On which model was the first five year plan based?

1. P.C Mahalanobis
2. Dayaram Sahni
3. Harrod-Domar model
4. Gadgil formula

Ans: (C) Harrod-Domar model

Q3. What was the main objective of the first five year plan? 

1. Agricultural Development
2. Industrial development
3. Self-reliance and development of agriculture and industry
4. None of these

Ans: (A) Agricultural development

Q4. Under which five year plan five Indian Institutes of Technology were established?

1. Second
2. Third
3. First
4. Fourth

Ans: (C) first

Q5. What was the duration of the second five year plan?

1. 1956-61
2. 1950-55
3. 1955-60
4. 1961-66

Ans: (A) 1956-61

Q6. On which model was the second five year plan based?

1. Harrod-Domar model
2. P.C Mahalanobis
3. Dayaram Sahni
4. Gadgil formula

Ans: (B) P.C Mahalanobis

Q7. What was the main objective of the second five year plan?

1. Agricultural Development
2. Industrial development
3. Self-reliance and development of agriculture and industry
4. None of these

Ans: (B) Industrial development

Q8. What was the duration of the third five year plan?

1. 1956-61
2. 1950-55
3. 1955-60
4. 1961-66

Ans: (D) 1961-66

Q9. What was the main objective of the third five year plan?

1. Agriculture Development
2. Industrial Development
3. Self-reliance, development of agriculture and industry
4. None of these

Ans: (C) Self-reliance, development of agriculture and industry

Q10. Under which Five Year Plan did the Green Revolution start?

1. First five year plan
2. Second five year plan
3. Third five year plan
4. Fourth five year plan

Ans: (C) Third five year plan

Q11. Which five year plan is considered most unsuccessful?

1. First five year plan
2. Second five year plan
3. Third five year plan
4. Fourth five year plan

Ans: (C) Third five year plan

Q12. What was the duration of the first plan leave? 

1. 1966-69
2. 1966-68
3. 1965-69
4. None of these

Ans: (A) 1966-69

Q13. After the failure of the third five year plan, for how many years the annual plan was run?

1. Two
2. Three
3. Four
4. Five

Ans: (B) Three

Q14. What was the duration of the fourth five year plan?

1. 1956-61
2. 1950-55
3. 1955-60
4. 1969-74

Ans: (D) 1969-74

Q15. In which five year plan India’s agriculture growth rate was the highest?

1. Fourth five year plan
2. First five year plan
3. Second five year plan
4. Fifth five year plan

Ans: (A) Fourth five year plan

Q16. In which five year plan 14 banks were nationalized?

1. First five year plan
2. Second five year plan
3. Third five year plan
4. Fourth five year plan

Ans: (D) Fourth five year plan

Q17. In which Five Year Plan Drought Prone Area Program was started?

1. First five year plan 
2. Second five year plan
3. Fourth five year plan
4. Fifth five year plan

Ans: (C) Fourth five year plan

Q18. In which five year plan ISRO was established?

1. First five year plan
2. Fourth five year plan
3. Second five year plan
4. Fifth five year plan

Ans: (B) Fourth five year plan 

Q19. What was the duration of the fifth five year plan?

1. 1956-61
2. 1974-78
3. 1955-60
4. 1969-74

Ans: (B) 1974-78

Q20. What was the main objective of the fifth five year plan?

1. Agricultural Development
2. Industrial development
3. Emphasis on poverty alleviation and self-reliance
4. None of these

Ans: (C) Emphasis on poverty alleviation and self-reliance

Q21. In which Five Year Plan was the slogan of Garibi Hatao given for the first time?

1. First five year plan
2. Fourth five year plan
3. Second five year plan
4. Fifth five year plan

Ans: (D) Fifth five year plan

Q22. Which five year plan lasted only for 4 years?

1. First five year plan
2. Fourth five year plan
3. Fifth five year plan
4. Second five year plan

Ans: (C) Fifth five year plan

Q23. In which five year plan was the Indian National Highway System started?

1. First five year plan
2. Fifth five year plan
3. Fourth five year plan
4. Second five year plan

Ans: (B) Fifth five year plan

Q24. What was the duration of the second plan leave?

1. 1966-69
2. 1966-68
3. 1965-69
4. 1978-80

Ans: (D) 1978-80

Q25. What was the duration of the Sixth Five Year Plan?

1. 1974-78
2. 1955-60
3. 1969-74
4. 1980-85

Ans: (D) 1980-85

Q26. What was the main objective of the Sixth Five Year Plan?

1. Agricultural Development
2. Industrial development
3. Emphasis on poverty alleviation and self-reliance
4. Poverty alleviation increase in employment

Ans: (D) Poverty alleviation increase in employment

Q27. Which Five Year Plan saw the end of Nehruvian Socialism?

1. First five year plan
2. Sixth five year plan
3. Second five year plan
4. Fourth five year plan

Ans: (B) Sixth five year plan

Q28. In which five year plan the Integrated Rural Development Program was started?

1. First five year plan
2. Second five year plan
3. Fourth five year plan
4. Sixth five year plan

Ans: (D) Sixth five year plan

Q29. What was the period of the Seventh Five Year Plan?

1. 1985-90
2. 1055-60
3. 1969-74
4. 1980-85

Ans: (A) 1985-90 

Q30. Which five year plan was presented during the tenure of Prime Minister Rajiv Gandhi?

1. Second five year plan
2. Fourth five year plan
3. Seventh five year plan
4. Sixth five year plan

Ans: (C) Seventh five year plan

Q31. In which five year plan the slogan of food, work and production was given?

1. Second five year plan
2. Fourth FIve year plan
3. Seventh FIve year plan
4. Sixth five year plan

Ans: (C) Seventh five year plan

Q32. What was the duration of the Third Plan holiday?

1. 1966-69
2. 1966-68
3. 1965-69
4. 1990-92

Ans: (D) 1990-92

Q33. What was the period of the Eighth Five Year Plan?

1. 1992-97
2. 1955-60
3. 1969-74
4. 1980-85

Ans: (A) 1992-97

Q34. In which five year plan was the Pradhan Mantri Rozgar Yojana (1993 AD) started?

1. Eighth five year plan
2. Fourth five year plan
3. SIxth five year plan
4. Seventh five year plan

Ans: (A) Eighth five year plan

Q35. What was the period of the Ninth Five Year Plan? 

1. 1992-97
2. 1955-60
3. 1997-2002
4. 1980–85

Ans: (C) 1997-2002

Q36. What was the period of the Tenth Five Year Plan?

1. 1992-97
2. 2002-2007
3. 1997-2002
4. 1980-85

Ans: (B) 2002-2007

Q37. What was the period of the Eleventh Five Year Plan?

1. 1992-97
2. 2002-2007
3. 2007-2012
4. 1980-85

Ans: (C) 2007-2012

Q38. What was the main objective of the Eleventh Five Year Plan?

1. Development of Human Resource
2. Industrial development
3. Development with fair distribution and equality
4. Rapid and inclusive growth

Ans: (D) Rapid and inclusive growth

Q39. What was the period of the twelfth five year plan?

1. 1992-97
2. 2002-2007
3. 2012-2017
4. 2013-2018

Ans: (C) 2012-2017

Q40. What was the main objective of the twelfth five year plan?

1. Development of Human Resource 
2. Rapid, inclusive and sustainable growth
3. Development with fair distribution and equality
4. Rapid and inclusive growth

Ans: (B) Rapid, inclusive and sustainable growth