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Define economic planning. - Economics

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प्रश्न

Define economic planning.

व्याख्या

उत्तर

Economic Planning is “collective control or suppression of private activities of production and exchange”– Robbins. “Economic Planning in the widest sense is the deliberate direction by persons in – charge of large resources of economic activity towards chosen ends”– Dalton.

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पाठ 11: Economics of Development and Planning - Model Questions [पृष्ठ २५६]

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सामाचीर कलवी Economics [English] Class 12 TN Board
पाठ 11 Economics of Development and Planning
Model Questions | Q 25. | पृष्ठ २५६

संबंधित प्रश्‍न

Two years ago Mayank obtained degree in food technology. For some time he worked in a company manufacturing Bread and Biscuits. He was not happy in the company and decided to have his own Bread and Biscuits manufacturing unit. For this he decided the objectives and the targets and formulated action plan to achieve the same. One of his objective was to earn 50% profit on the amount invested in the first year. It was decided that raw materials like flour. sugar, salt etc. will be purchased on two months credit. He also decided to follow the steps required for marketing the products through his own outlets. He appointed Harsh as a Production-Manager who decides the exact manner in which the production activities are to be carried out. Harsh also prepared a statement showing the requirement of workers in the factory throughout the year. Mayank informed Harsh about his sales target for different products, area wise for the forth coming quarter. While working on the production table a penalty of Rs 150 per day was announced for not wearing the helmet, gloves and apron by the workers.

Quoting lines from the above para identify and explain the different types of plans discussed.


Two years ago Nishant, completed his degree in Textile Engineering. He worked for sometime in a company manufacturing readymade garments. He was not happy in the company and decided to have his own readymade garments manufacturing unit. He set the objectives and the targets and formulate action plan to achieve the same. One of his objectives was to earn 80% profit on the amount invested in the first year. It was decided that raw materials like cloth, thread, buttons etc. will be purchased on two months credit. He also decided to follow the steps required for marketing the products through his own outlets. He appointed Ritesh as a production manager, who decides the exact manner in which the production activities are to be carried out. Ritesh also prepared a statement showing the requirement of workers in the factory throughout the year. Nishant informed Ritesh about his sales target for different products areawise for the forthcoming quarter. A penalty of Rs 200 per day was announced for the workers who found smoking in the factory premises.

Quoting lines from the above para identify and explain the different types of plans discussed.


If planning involves working out details for the future, why  does it not ensure success? 


Which of the following plan has focused on the agriculture and rural economy?


M.N. Roy was associated with ______.


Planning Commission was set up in the year ______.


What are the social benefits of ITDP in the Bharmaur tribal region?


Which of the following is an assumption of rationality to rational decision-making?


Is accepting solutions that are "good enough".


Planning requires logical and systematic thinking rather than guess work or wishful thinking. Identify the related feature of planning.


Planning requires logical and systematic thinking rather than guess work. The feature of planning being referred to in the above statement is.


Hill area development programme does not include ______.


Which of the following is not a feature of planning?


Which of the following statements is true regarding planning?


'It involves application of high order thinking skills and intellectual faculties, involving vision and foresightedness to decide the things to be done in the future.'

Which feature of Planning is stated in the above line?


A ______ is a comprehensive plan designed to implement the policies and accomplish the objectives of an organisation.


Deepti and Sudha are managers at ABC Ltd. and are working together on a project. They report to Mrs. Verma, a Senior Manager. Sudha asks Deepti to submit a report on the project to her without informing Mrs. Verma. Which Principle of Management is not followed in this case?


Explain method as a type of Plan.


Planning helps in identifying deviations and taking corrective actions.


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