CBSE Class 11 Economics IIndian Economy At The Time Of Independence VBQs Set 01

EXERCISE

1. Objective Type Questions (Remembering & Understanding based Questions)

A. Multiple Choice Questions

Choose the correct option:

Question. The Indian economy on the eve of the independence was:
(a) developed
(b) underdeveloped
(c) stagnant
(d) both (b) and (c)
Answer: (d) both (b) and (c)

Question. Landholdings at the time of independence were:
(a) fragmented
(b) large
(c) small
(d) both (a) and (c)
Answer: (d) both (a) and (c)

Question. Farming which focuses on basic needs of the family is called:
(a) stagnant farming
(b) subsistence farming
(c) commercial farming
(d) None of the options
Answer: (b) subsistence farming

Question. Decay of handicrafts was caused by:
(a) British tariff policy
(b) competition from machine-made products
(c) change in the patterns of demand
(d) All of the options
Answer: (d) All of the options

Question. Suez Canal was opened in:
(a) 1867
(b) 1868
(c) 1869
(d) 1870
Answer: (c) 1869

Question. On the eve of independence, India was net exporter of:
(a) primary products
(b) industrial products
(c) capital goods
(d) All of the options
Answer: (a) primary products

Question. High infant mortality is a sign of:
(a) extreme poverty
(b) poor healthcare
(c) both (a) and (b)
(d) None of the options
Answer: (c) both (a) and (b)

Question. Gender-bias in the society on eve of independence was indicated by:
(a) mortality rate
(b) literacy rate
(c) death rate
(d) life expectancy
Answer: (b) literacy rate

Question. During colonial period, India's demographic profile showed:
(a) high birth rate
(b) high death rate
(c) high infant mortality
(d) All of the options
Answer: (d) All of the options

Question. On the eve of independence, bulk of the population was engaged in:
(a) agriculture sector
(b) trade and commerce
(c) mining sector
(d) industrial sector
Answer: (a) agriculture sector

Question. Which sector was the major contributor to GDP of the country as well as the biggest employer on the eve of independence?
(a) Agriculture
(b) Industry
(c) Services
(d) Manufacturing
Answer: (a) Agriculture

Question. Railways were introduced in India in the year:
(a) 1854
(b) 1853
(c) 1855
(d) 1850
Answer: (b) 1853

Question. Which industry of India got severely affected under the colonial rule?
(a) Sugar industry
(b) Iron & Steel industry
(c) Handicraft industry
(d) Paper industry
Answer: (c) Handicraft industry

Question. On the eve of independence, the proportion of population engaged in agricultural sector was:
(a) approx. 40%
(b) approx. 60%
(c) approx. 65%
(d) approx. 70%
Answer: (d) approx. 70%

Question. Stagnant economy is the one which shows:
(a) little growth in income
(b) high growth in income
(c) low level of productivity
(d) both (a) and (c)
Answer: (d) both (a) and (c)

Question. Which of the following is/are implication/s of fiscal deficit?
(a) Crowding-out
(b) Inflationary spiral
(c) Erosion of government credibility
(d) All of the options
Answer: (d) All of the options

Question. A budget is a balanced one when:
(a) Total expenditure = Total receipts
(b) Total expenditure < Total receipts
(c) Total expenditure > Total receipts
(d) None of the options
Answer: (a) Total expenditure = Total receipts

Question. Surplus budget is that budget wherein:
(a) Estimated revenue of the government < Estimated expenditure of the government
(b) Estimated revenue of the government > Estimated expenditure of the government
(c) Estimated revenue of the government = Estimated expenditure of the government
(d) None of the options
Answer: (b) Estimated revenue of the government > Estimated expenditure of the government

Question. The difference between fiscal deficit and interest payment is called:
(a) revenue deficit
(b) primary deficit
(c) budget deficit
(d) capital deficit
Answer: (b) primary deficit

Question. If primary deficit is Rs. 3,500 and interest payment is Rs. 500, then fiscal deficit is:
(a) Rs. 2,900
(b) Rs. 4,000
(c) Rs. 4,100
(d) Rs. 4,200
Answer: (b) Rs. 4,000

B. Fill in the Blanks

Choose appropriate word and fill in the blank:

Question. On the eve of independence, Indian economy was a semi-feudal economy. (feudal economy/semi-feudal economy)
Answer: semi-feudal economy

Question. Zamindari system of land revenue worked through the system of middlemen called zamindars. (jagirdars/zamindars)
Answer: zamindars

Question. An economy made to serve the interests of its colonial rulers is called a colonial economy. (colonial economy/feudal economy)
Answer: colonial economy

Question. Subsistence farming is a form of farming in which crops are produced to provide for the basic needs of the family. (Commercial farming/Subsistence farming)
Answer: Subsistence farming

Question. Social infrastructure includes educational, health and housing facilities. (Economic/Social)
Answer: Social

Question. During the colonial rule, India was a net importer of finished products from/to Britain. (net exporter/net importer)
Answer: net importer

Question. The year 1921 is regarded as the ‘Year of Great Divide’ in the history of demographic transition of India. (1921/1931)
Answer: 1921

Question. Occupational structure refers to the distribution of working population across primary, secondary and tertiary sectors of the economy. (population/working population)
Answer: working population

Question. Animal husbandry as a production activity, belongs to primary sector of the economy. (Animal husbandry/Storage)
Answer: Animal husbandry

Question. At the time of independence, secondary and tertiary sectors were in their infant stage of growth. (primary/tertiary)
Answer: tertiary

C. True or False

State whether the following statements are True or False:

Question. Landholdings on the eve of independence were fragmented.
Answer: True

Question. It was owing to the discriminatory tariff policy of the colonial government that handicraft industry in India got destroyed.
Answer: True

Question. Per capita income refers to the income per head of the total work force of the country.
Answer: False

Question. Railways were developed by the colonial government to promote the market for British goods in India.
Answer: True

Question. From the year 1921, total population in India never declined.
Answer: True

Question. Infant mortality rate refers to the death rate of children below the age of 2 year per 1000 live births.
Answer: False

Question. Muslin is a type of cotton textile which had its origin in Bengal.
Answer: True

Question. Commercialisation of agriculture refers to a shift from cultivation for self-consumption to cultivation for sale in the market.
Answer: True

Question. On the eve of independence, only heavy and basic industries were developed in the Indian economy.
Answer: False

Question. During British period, India was treated as a colony supplying raw material to the British industries.
Answer: True

D. Matching/Chronological

I. Identify the correct sequence of alternatives given in Column II by matching them with respective items in Column I:

Question. Identify the correct sequence of alternatives given in Column II by matching them with respective items in Column I:
Column I
(a) Zamindari system of land revenue
(b) Stagnant economy
(c) Backward economy
(d) Occupational structure

Column II
(i) One in which per capita income is very low
(ii) The distribution of working population across different sectors of the economy
(iii) It worked through the system of middlemen
(iv) One which shows little or no growth in national income
Answer: (a)—(iii), (b)—(iv), (c)—(i), (d)—(ii)

II. Choose the correct alternative showing chronological order of the following events:
(i) The Year of Great Divide [1921]
(ii) Great famines of Bengal which claimed a large toll of lives [1769-70]
(iii) First Train run from Bombay (Mumbai) to Thane [1853]
(iv) Opening of Suez canal [1869]

Alternatives:
(a) (iv), (ii), (i), (iii)
(b) (i), (iv), (iii), (ii)
(c) (ii), (iii), (iv), (i)
(d) (iii), (i), (iv), (ii)
Answer: (c) (ii), (iii), (iv), (i)