What was the growth target for twelfth five year plan in India?
8%
The question asks for the economic growth target set for India's Twelfth Five Year Plan (2012-2017).
The correct answer is 8%, which was the average annual GDP growth target adopted for the plan.
The theme of the Twelfth Plan was 'Faster, More Inclusive and Sustainable Growth'.
The original target was initially proposed higher (around 9%) but was later revised to a more realistic 8% for the plan period.
The Twelfth Plan was the last of India's Five Year Plans, after which the Planning Commission was replaced by the NITI Aayog.
Options of 2%, 5% and 13% do not match the announced target, so they are incorrect.
Hence the growth target for the Twelfth Five Year Plan was 8%.
In the context of economy, which of the following is an example of Intermediate good?
Interest payment on debt incurred by the government is part of the ______.
In the context of economy, if ______ is deducted from the gross value added to obtain the Net value added obtained.
Which of the following statement is correct regarding the government budget?
I. Subsidies are an important policy instrument which aim at increasing welfare.
II. Defence expenditure, is committed expenditure in the sense that given the national security concerns, there exists little scope for drastic reduction.
The Union Budget 2025-26 states that total number of students in 23 IITs has increased 100 per cent from 65,000 to 1.35 lakh in the past _____ years.
In the context of Budget, which of the following statement is correct regarding capital expenditure?
I. It does not creates physical or financial assets.
II. Acquisition of machinery is an example of capital expenditure.
Which of the following statement regarding income is correct?
I. Out of private income, what finally reaches the households is known as personal income.
II. The total national income of the country is composed of two parts private income and public income.
The Fiscal Responsibility and Budget Management Act-2003 requires the reduction in revenue deficit by _____ of GDP every year.
Which of the following has amalgamated a large number of central and state taxes and cesses?
In the context of Budget, which of the following is included in the revenue expenditure?
I. Salaries of government employees
II. Pensions of government employees
In the context of Indian economy, consider the following statements:
1) The growth rate of GDP has steadily increased in the last five years.
2) The growth rate in per capita income has steadily increased in the last five years.
Which of the statements given above is/are correct?
The national income of a country for a given period is equal to the
Which of the following Institutions estimate the national income of India?
Which of the following exchange rate is known as error prone swing?
______ are imposed on items like cigarettes and alcohol.