MCQ Class 11 Economics Chapter 2 Indian Economy 1950-1990 Advertisement Indian Economic DevelopmentMCQ’s For All Chapters – Economics Class 11th 1. Industrial sector and agricultural sector areA. Have no economic relations with each other B. Complementary to each other C. Are substitute of each other D. Compete with each otherQuestion 1 of 222. At the time of independence the government of India adopted which of the following for the future economic developmentA. Free market forces B. Planning by inducement C. Planning by direction D. Free market forces + planning by inducementQuestion 2 of 223. Which of the following industries were exclusively reserved for public sector in IPR 1956A. Arms & Ammunition B. Atomic energy C. Air craft D. All of the aboveQuestion 3 of 224. In which type of economic system goods are produced on purchasing power?A. Socialist Economy B. Mixed Economy C. Capitalist Economy D. None of the aboveQuestion 4 of 225. Consider the below statements with reference to Abolition of zamindari system.i) It brought some 200 lakh tenants into direct contact with the government.ii) The ownership conferred on tenants gave them the incentive to increase output and this contributed to growth in agriculture.iii) In some areas like Kerala and West Bengal, the former zamindars continued to own large areas of land by making use of some loopholes in the legislation.Select the appropriate combination:A. Only (i) correctB. Only (i) and (ii) correctC. Only (ii) and (iii) correctD. All are correctQuestion 5 of 226. Which of the following organizations looks after the credit needs of agriculture and rural development in India?A. FCIB. IDBIC. NABARDD. ICARQuestion 6 of 227. Following are the external factors responsible for industrial sickness exceptA. Diversion of fundsB. Government policies related with production, distribution and pricesC. Shortage of power and raw materialsD. Change in investment patternQuestion 7 of 228. The basic problem the Indian economy is facing is shortage ofA. Entrepreneurial abilities B. Natural resources C. Man made resources D. Human resourcesQuestion 8 of 229. First time the objective of self-reliance was incorporated in the ____ Five year planA. First B. Fifth C. Second D. ThirdQuestion 9 of 2210. Define GDPA. Factor value of all the final goods and services produced within a domestic territory B. Market value of all the final goods and services produced within a domestic territory C. Market value of all the final goods and services produced by the residents D. Factor value of all the final goods and services produced produced by the residentsQuestion 10 of 2211. Who developed HYV seedsA. Normal Jones B. Normal Borlaug C. Norah Jones D. Norten BorlaugQuestion 11 of 2212. Which of the following is not a goal of five year plan ?A. Growth B. Equity C. Land reforms D. ModernisationQuestion 12 of 2213. Which industry employs the largest number of women in India?A. tea B. textile C. jute D. coalQuestion 13 of 2214. Subsidies areA. Grants taken by government so that commodities sold at prices above the market price B. Grants taken by government so that commodities sold at prices below the market price C. Grants given by government so that commodities sold at prices above the market priceD. Grants given by government so that commodities sold at prices below the market priceQuestion 14 of 2215. Refers to an increase in the country’s capacity to produce the output of goods and services within the country.A. Equity B. Growth C. Self-reliance D. ModernizationQuestion 15 of 2216. Tenancy reforms refers toA. Bringing together all plots of land of a cultivator into one compact block B. Dividing the land into small plots C. Those who take cultivable land on rent and pay either in terms of money or a part of produce D. NoneQuestion 16 of 2217. With reference to outcomes of the green revolution, evaluate the following:1. The low income groups did not get any benefit from it.2. The HYV crops were more prone to attack by pests.Which of the above statements is/are not correct?A. 1 only B. 2 only C. Both 1 and 2 D. Neither 1 nor 2Question 17 of 2218. Infant mortality rate fall due toA. Better health facilities B. All of these C. Poor health facilities D. No change in health facilitiesQuestion 18 of 2219. Which two crops were benefitted when green revolution was introduced?A. Tea & coffeeB. Jowar & Bajra C. Cotton & Jute D. Rice & WheatQuestion 19 of 2220. Planning commission was set up inA. 5th March 1951B. 15th March 1951C. 25th March 1951D. 20th March 1951Question 20 of 2221. The economy of India is based on planning through the ___ Year Plan develop executed and monitored by the planning CommissionA. ThreeB. FourC. SixD. FiveQuestion 21 of 2222. To protect goods produced in India from imports, Government made use of:A. Quotas B. Tariffs C. both A. and B. D. neitherA. norB.Question 22 of 22 Loading...
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