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What is a rolling plan Mcq?

What is a rolling plan Mcq?

1) does not change its targets every year. 2) change its allocations every year. 3) Changes its allocations and targets every year. 4) changes only its targets every year.

Does rolling plan change its target every year?

A rolling plan never comes to end.As soon as one year is completed, another year is added to the plan with a new set of targets and new allocations, which represents a revised , but in light of the experiences gained during the year completed.

What is a rolling plan in management?

a plan which is designed to continue over a period of time and is subject to regular review and updating.

Why it is called rolling plan?

Rolling plan was introduced by Prof. Myrdal. Rolling plan can be defined as the plan where there is no fixation of dates in respect of commencement and end of the plan. The main advantage of rolling plan is that they are very flexible and are able to overcome the rigidity by mending targets and objectives.

Who is known as father of Indian planning?

Father of Indian Economic Planning is Sir M. Vishweshwaraiah. Sir M Visvesvaraya, popularly known as Sir MV, was an engineer, statesman, and a scholar.

What was the main aim of 11th five year plan?

Objectives: The Eleventh Five Year Plan aims to achieve improved quality of life for the citizens of the state and contribute to the larger national goals of socio-economic development. This will require faster and more equitable social and economic development of the state.

What is the purpose of rolling plan?

The definition of rolling plan in the dictionary is a plan which is designed to continue over a period of time and is subject to regular review and updating.

What is rolling budget with example?

A rolling budget, also known as a continuous budget or rolling forecast, changes constantly throughout the year. When one month ends, add another month at the end of the budget. For example, your budget covers January-December of 2018. Rolling budgets are organized the same way as traditional budgeting documents.

What is Gandhian plan?

In the light of the basic principles of Gandhian economics, S. N. Agarwal authored ‘The Gandhian Plan’ in 1944 in which he put emphasis on the expansion of small unit production and agriculture. Its fundamental feature was decentralisation of economic structure with self-contained villages and cottage industries.

What government started the rolling plan?

Rolling Plan (1978–1980) The Janata Party government rejected the Fifth Five-Year Plan and introduced a new Sixth Five-Year Plan (1978–1980).

What are the different types of rolling plans?

In the rolling plans there are three kind of plans. First is the plan for the current year which comprises the annual budget. Second is a plan for a fixed number of years, which may be 3, 4 or 5 years. This second plan is kept changing as per the requirements of the economy (and politics).

When does a rolling plan come to an end?

A rolling plan refers to a plan which ________. A rolling plan never comes to end.As soon as one year is completed, another year is added to the plan with a new set of targets and new allocations, which represents a revised , but in light of the experiences gained during the year completed. How satisfied are you with the answer?

Which is the best definition of a plan?

a plan which is designed to continue over a period of time and is subject to regular review and updating.