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Fill in the Blank First Five Year Plan of ________________ Commenced in the Year 1956. - Economics

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प्रश्न

Fill in the blank

First Five Year Plan of ________________ commenced in the year 1956. 

विकल्प

  • Pakistan

  • China

MCQ
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उत्तर

First Five Year Plan of Pakistan commenced in the year 1956.

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अध्याय 10: Comparative Development Experiences of India and Its Neighbours - Exercise [पृष्ठ १९६]

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एनसीईआरटी Economics - Indian Economic Development [English] Class 12
अध्याय 10 Comparative Development Experiences of India and Its Neighbours
Exercise | Q 17.1 | पृष्ठ १९६

संबंधित प्रश्न

China’s rapid industrial growth can be traced back to its reforms in 1978. Do you agree? Elucidate.


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With which of the following concepts is the commune system associated?


When did China announce its first five-year plan? 


What was the fertility rate in Pakistan in 2018? 


Read the following text carefully and answer the following question:

SINO-PAK FRIENDSHIP CORRIDOR

The China-Pakistan Economic Corridor (CPEC)  has deepened the decades-long strategic relationship between the two nations. But it has also sparked criticism for burdening Pakistan with mountains of debt and allowing China to use its debt-trap diplomacy to gain access to strategic assets of Pakistan.

The foundations of CPEC, part of China’s Belt and Road Initiative, were laid in May 2013. At the time, Pakistan was reeling under weak economic growth. China committed to play an integral role in supporting Pakistan’s economy.

Pakistan and China have a strategic relationship that goes back decades. Pakistan turned to China at a time when it needed a rapid increase in external financing to meet critical investments in hard infrastructure, particularly power plants and highways. CPEC’s early harvest projects met this need, leading to a dramatic increase in Pakistan’s power generation capacity, bringing an end to supply-side constraints that had made rolling blackouts a regular occurrence across the country.

Pakistan leaned into CPEC, leveraging Chinese financing and technical assistance in an attempt to end power shortages that had paralyzed its country’s economy. Years later, China’s influence in Pakistan has increased at an unimaginable pace.

China As Pakistan’s Largest Bilateral Creditor: China’s ability to exert influence on Pakistan’s economy has grown substantially in recent years, mainly due to the fact that Beijing is now Islamabad’s largest creditor. According to documents released by Pakistan’s finance ministry, Pakistan’s total public and publicly guaranteed external debt stood at $44.35 billion in June 2013, just 9.3 percent of which was owed to China. By April 2021, this external debt had ballooned to $90.12 billion, with Pakistan owing 27.4 percent –$24.7 billion – of its total external debt to China, according to the International Monetary Fund (IMF).

Additionally, China provided financial and technical expertise to help Pakistan build its road infrastructure, expanding north-south connectivity to improve the efficiency of moving goods from Karachi all the way to Gilgit-Baltistan (POK). These investments were critical in better integrating the country’s ports, especially Karachi, with urban centers in Punjab and Khyber-Pakhtunkhwa provinces.

Despite power asymmetries between China and Pakistan, the latter still has tremendous agency in determining its own policies, even if such policies come at the expense of the long-term socioeconomic welfare of Pakistani citizens.
(https://www.usip.org/publications/2021/05/pakistans-growing-problem-its-china-economic-corridor - Modified)

Outline and discuss any two economic advantages of China Pakistan Economic Corridor (CPEC) accruing to the economy of Pakistan.


Which of the following are the features of China's economy.


Which of the fol1owing are the important implication of the' one child norm' in China?


Which of the following points indicates that human development is more progressed in China than in India or Pakistan? 


Which of the following points critically appraise the development strategies of Pakistan? 


Reforms in ______ were introduced in 1978.  


What is the important implication of the 'one child norm' in China?


China initiated ______ in 1958, that aimed at industrializing the country on a massive scale.


Under ______ in China, farmers and industrial units were required to buy and sell fixed quantities of inputs and outputs on the basis of prices fixed by the government and the rest were purchased and sold at market prices.


From the set of the events given in column I and corresponding facts given in Column II, choose the correct pair of statements:

  Column I   Column II
A. Adoption of mixed economic system I. The common development policy of India and China
B. Introduction of economic reforms in China II. Imposed by World Bank
C. Great Leap Forward Campaign III. Focussed on massive industrialization
D. First Five Year Plan of Pakistan IV. Announced in 1953

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