Objectives of Planning - SS3 Economics Past Questions & Answers - page 1

1

Which of the following is not an objective of economic planning?

A

Economic growth

B

Full employment

 

C

Price instability

D

Environmental sustainability

CORRECT OPTION: c
2

How can economic planning achieve full employment?

A

 By reducing investment in infrastructure

B

By promoting entrepreneurship

 

C

By increasing income disparities

D

By reducing social welfare programs

CORRECT OPTION: b
3

What is the main objective of economic planning regarding the distribution of income and wealth?

A

 To reduce income disparities

B

To increase income disparities

 

C

To reduce social welfare programs

D

To promote entrepreneurship

CORRECT OPTION: a
4

Which of the following is not a way to achieve environmental sustainability through economic planning? 

A

Promoting sustainable development practices

B

Reducing carbon emissions

C

Increasing the use of natural resources

D

Preserving natural resources

 

CORRECT OPTION: c
5

What is one way economic planning can achieve price stability?

A

By increasing inflation

B

By reducing monetary policy

 

C

By promoting fiscal policy

D

By deregulating prices

CORRECT OPTION: c
6

What are the main objectives of economic planning?

The main objectives of economic planning include economic growth, full employment, price stability, equitable distribution of income and wealth, and environmental sustainability.

7

How can economic planning achieve environmental sustainability? 

 

Economic planning can achieve environmental sustainability by promoting sustainable development practices, reducing carbon emissions, and preserving natural resources.

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