CBSE Class 11 Economics Indian Economy 1950-1990 MCQs

Question : Land ceiling refers to __
A. fixing rural landholding at the existing level
B. fixing the quantum of land held by an individual
C. fixing urban landholdings at the existing level
D. fixing land area for irrigation purposes

Answer : B

Question : In 1955, Karve Committee (Village & Small scale committee) was constituted for –
A. Using SSI for rural development
B. Using SSI for urban development
C. Using large scale industries for development\
D. Both A & B

Answer : A

Question :  What is needed to provide protection against natural calamities like floods, drought, locusts, thunderstorms, etc.?
A. Multiple cropping
B. Green Revolution
C. Crop insurance
D. HYV

Answer : C

Question : When was the National Development Council (NDC. set up as an adjunct to the Planning Commission?
A. 1950
B. 1969
C. 1952
D. 1979

Answer : C

Question : All the state government imposed land ceiling in 1960 except
A. South-western
B. North-western
C. South-eastern
D. North-eastern

Answer : B

Question : How many industries have been reserved for the public sector under Industrial Policy Resolution, 1956?
A. 17
B. 21
C. 15
D. 2

Answer : A

Question : It is a conscious design to shape the socio-economic processes in order to achieve an objective
A. Economic infrastructure
B. Economic development
C. Economic planning
D. Economic growth

Answer : C

Question : IADP stands for
A. Integrated Agriculture Development Product
B. Intensive Area Development Programme
C. Integrated Area Development Product
D. Intensive Area Development Product

Answer : B

Question : Which of the following statements are not true?
A. SSI were given protection from big industries
B. Concessions were given to SSI
C. Govt. allowed SSI & large industries to produce any type of goods
D. None

Answer : C

Question : Agriculture education ,health and infrastructure were the priority areas in which five year plan.
A. 11th
B. 12th
C. 9th
D. 10th

Answer : A

Question : The policy makers of independent India tried to bring in growth and equity in the agriculture sector through:
i) Bringing in land Reforms
ii) Without using any ‘High Yielding Variety’ (HYV) seeds
Which of the above are correct?
A. Only i
B. Only ii
C. Both i and ii
D. Neither i nor ii

Answer :  C

Question : When was Twelfth five year plan started
A. 2007-2012
B. 1997-2002
C. 2012-2017
D. 2002-2007

Answer : C

Question : Agriculture education ,health and infrastructure were the priority areas in the
A. 12th
B. 9th
C. 11th
D. 10th

Answer : C

Question : Initially HYVP was implemented in about
A. 76 million hectares area
B. 75 million hectares area
C. 3 million hectares area
D. 2 million hectares area

Answer :  D

Question : Legally stipulated maximum size beyond which no individual farmer can hold any land
A. Tenancy reforms
B. Abolition of intermediaries
C. Land consolidation
D. Land Ceiling

Answer : D

Question : Who is the architect of Indian planning?
A. K.N. Raj
B. PC. Mahalanobis
C. R.C. Desai
D. Dadabhai Navoroji

Answer : B

Question : SEBI stands for
A. Science and Engineering Board of India
B. Securities and Exchange Board of India
C. Social Equity Bureau of India
D. Science and Educational Board of India

Answer : B

Question : What prevented firms from becoming efficient?
A. Tarrifs
B. Quotas
C. Permit License Raj
D. New Economic Policy

Answer : C

Question : Schedule________ comprise of industries which would be exclusively owned by the state:
A. A
B. B
C. C
D. None of these

Answer : A

Question : When was Planning commission established
A. 20th March 1951
B. 5th March 1951
C. 15th March 1951
D. 25th March 1951

Answer : C

Question : The economy of India is based on planning through the ___ Year Plan develop executed and monitored by the planning Commission
A. Six
B. Five
C. Three
D. Four

Answer : B

Question : Industrial sector and agricultural sector are
A. Have no economic relations with each other
B. Complementary to each other
C. Are substitute of each other
D. Compete with each other

Answer : B

Question : At the time of independence the government of India adopted which of the following for the future economic development
A. Free market forces
B. Planning by inducement
C. Planning by direction
D. Free market forces + planning by inducement

Answer : D

Question : Which of the following industries were exclusively reserved for public sector in IPR 1956
A. Arms & Ammunition
B. Atomic energy
C. Air craft
D. All of the above

Answer : D

Question : 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 above

Answer : C

Question : 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) correct
B. Only (i) and (ii) correct
C. Only (ii) and (iii) correct
D. All are correct

Answer : B

Question : Which of the following organizations looks after the credit needs of agriculture and rural development in India?
A. FCI
B. IDBI
C. NABARD
D. ICAR

Answer : C

Question : Following are the external factors responsible for industrial sickness except
A. Diversion of funds
B. Government policies related with production, distribution and prices
C. Shortage of power and raw materials
D. Change in investment pattern

Answer : A

Question : The basic problem the Indian economy is facing is shortage of
A. Entrepreneurial abilities
B. Natural resources
C. Man made resources
D. Human resources

Answer : C

Question : Land ceiling refers to _________
A. fixing rural landholding at the existing level
B. fixing the quantum of land held by an individual
C. fixing urban landholdings at the existing level
D. fixing land area for irrigation purposes

Answer : B

Question : First time the objective of self-reliance was incorporated in the ____ Five year plan
A. First
B. Fifth
C. Second
D. Third

Answer : D

Question : Define GDP
A. 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 residents

Answer : B

Question : Who developed HYV seeds
A. Normal Jones
B. Normal Borlaug
C. Norah Jones
D. Norten Borlaug

Answer : B

Question : Which of the following is not a goal of five year plan ?
A. Growth
B. Equity
C. Land reforms
D. Modernisation

Answer : C

Question : Which industry employs the largest number of women in India?
A. tea
B. textile
C. jute
D. coal

Answer : A

Question : Subsidies are
A. 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 price
D. Grants given by government so that commodities sold at prices below the market price

Answer : D

Question : 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. Modernization

Answer : B

Question : Tenancy reforms refers to
A. 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. None

Answer : C

Question : 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 2

Answer : A

Question : Infant mortality rate fall due to
A. Better health facilities
B. All of these
C. Poor health facilities
D. No change in health facilities

Answer : A

Question : Which two crops were benefitted when green revolution was introduced?
A. Tea & coffee
B. Jowar & Bajra
C. Cotton & Jute
D. Rice & Wheat

Answer : D

Question : Planning commission was set up in
A. 5th March 1951
B. 15th March 1951
C. 25th March 1951
D. 20th March 1951

Answer : B

Question : The economy of India is based on planning through the ___ Year Plan develop executed and monitored by the planning Commission
A. Three
B. Four
C. Six
D. Five

Answer : D

Question : To protect goods produced in India from imports, Government made use of:
A. Quotas
B. Tariffs
C. both A. and B.
D. neitherA. norB.

Answer : C