BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Suggestions to Planning Commission
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Formation of Committee
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Formation of Five Year Plan
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Formation of Socio-Economic Programme
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Detailed explanation-1: -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.
Detailed explanation-2: -Functions. to prescribe guidelines for the formulation of the National Plan, including the assessment of resources for the Plan; to consider the National Plan as formulated by the NITI Aayog; to make an assessment of the resources that are required for implementing the Plan and to suggest measures for augmenting them.
Detailed explanation-3: -Economic Development: This is the main objective of planning in India. Economic Development of India is measured by the increase in the Gross Domestic Product (GDP) of India and Per Capita Income.
Detailed explanation-4: -Economic planning in India had two main objectives: economic development and social justice.