CBSE Class 11 Economics Indian Economy On The Eve of Independence Worksheet Set A

 

Water born and air-borne diseases were rampant and took a huge toll on life. The public health facilities were unavailable or inadequate.The overall mortality rate was very high and the infant mortality rate was as high as 218.

Question. In how many sectors is the occupational structure of India is divided?
(a) One
(b) Two
(c) Three
(d) Four
Answer: (C)

Question. What is another name for the service sector?
(a) Tertiary
(b) Primary
(c) Secondary
(d) Agriculture
Answer: (A)

Question. What was the nature of the Indian economy on the eve of independence?
(a) Stagnant
(b) Backward
(c) Underdeveloped
(d) All of these
Answer: (D)

Question. What was the life expectancy at birth in India on the eve of Independence?
(a) 44 years
(b) 50 years
(c) 60 years
(d) All of these
Answer: (A)

Question. What was the growth rate of per capita income in India on the eve of Independence?
(a) \( 0.9\% \)
(b) \( 0.5\% \)
(c) \( 1.2\% \)
(d) \( 3\% \)
Answer: (B)

Question. Which of the following activities is included in the primary sector?
(a) Agriculture
(b) Services
(c) Industries
(d) All of these
Answer: (A)

Question. In which of the following sectors is manufacturing activity included?
(a) Primary
(b) Tertiary
(c) Secondary
(d) All of these
Answer: (C)

Question. Where was the first iron and steel company established?
(a) Kolkata
(b) Jamshedpur
(c) Patna
(d) Ranchi
Answer: (B)

Question. What is the tax or duty on imports called?
(a) Tariff
(b) Quota
(c) Export
(d) None of these
Answer: (A)

Question. Which of the following was the major occupation on the eve of independence?
(a) Industry
(b) Services
(c) Agriculture
(d) None of these
Answer: (C)

II. Fill in the blanks with the correct answer.

Question. The country’s growth of aggregate real output was less than ______ during the first half of the twentieth century.
Answer: two percent

Question. The Indian economy was a/an _______ economy at the time of independence.
Answer: agrarian

Question. ______ of agriculture increased the burden of revenue on farmers.
Answer: Commercialisation

Question. The distribution of the working population in different sectors of the economy offers a glimpse of ______ structure.
Answer: occupational

Question. The second stage of demographic transition began after ________ in India.
Answer: 1921

Question. Indian economy served as a source of _______ for the British industry and a market for its finished goods.
Answer: raw material

Question. ______ were developed by the British raj as a means to enlarge the size of the market for the British goods.
Answer: Railways

Question. The British introduced the railways in India in ________
Answer: 1850

Question. The ________ sector accounted for \( 17.2\% \) of the working population on the eve of Independence.
Answer: tertiary/service

Question. India’s first official census was undertaken in _________
Answer: 1881

III. State whether the following statements are true or false.

Question. India was a prosperous and wealthy economy prior to the advent of British rule.
Answer: True

Question. The colonial rule destroyed India’s traditional handicraft industry.
Answer: True

Question. The economic policies pursued by the colonial government in India were concerned more with the protection and promotion of the economic interests of India.
Answer: False

Question. India was reduced to an importer of primary products.
Answer: False

Question. Land settlement introduced by the colonial government resulted in stagnation in the agricultural sector.
Answer: True

Question. The contribution of the new industrial sector to the Gross Domestic Product (GDP) expanded significantly during British rule.
Answer: False

Question. The secondary sector accounted for only \( 10.1\% \) of the working population on the eve of independence.
Answer: True

Question. British colonial rule positively affected the structure, composition, and volume of India’s foreign trade.
Answer: False

Question. Before 1921, India was in the second stage of demographic transition.
Answer: False

Question. The aim of developing postal and telegraph was to enhance the efficiency of British administration.
Answer: True

IV. Match the following.

Question. Match the items in Column-I with Column-II:

• 1. Primary sector — (C) Agriculture sector
• 2. Secondary sector — (A) Manufacturing sector
• 3. Tertiary sector — (B) Service sector
• 4. Introduction of Railway in India — (E) 1820
• 5. First official Census in India — (F) 1881
• 6. Year of Great Divide — (D) 1921

Answer:

• 1-(C)
• 2-(A)
• 3-(B)
• 4-(E)
• 5-(F)
• 6-(D)

 

Multiple Choice Questions

Question. The branches of the subject Economics is
(a) Wealth and welfare
(b) production and consumption
(c) Demand and supply
(d) micro and macro
Answer: (d)

Question. Who coined the word ‘Macro’?
(a) Adam Smith
(b) J M Keynes
(c) Ragnar Frisch
(d) Karl Marx
Answer: (c)

Question. Who is regarded as Father of Modern Macro Economics?
(a) Adam Smith
(b) J M Keynes
(c) Ragnar Frisch
(d) Karl Marx
Answer: (b)

Question. Identify the other name for Macro Economics.
(a) Price Theory
(b) Income Theory
(c) Market Theory
(d) Micro Theory
Answer: (b)

Question. Macro economics is a study of ___________________.
(a) individuals
(b) firms
(c) a nation
(d) aggregates
Answer: (d)

Question. Indicate the contribution of J M Keynes to economics.
(a) Wealth of Nations
(b) General Theory
(c) Capital
(d) Public Finance
Answer: (b)

Question. A steady increase in general price level is termed as_____________.
(a) wholesale price index
(b) Business Cycle
(c) Inflation
(d) National Income
Answer: (c)

Question. Identify the necessity of Economic policies.
(a) to solve the basic problems
(b) to overcome the obstacles
(c) to achieve growth
(d) all the above
Answer: (d)

Question. Indicate the fundamental economic activities of an economy.
(a) Production and Distribution
(b) Production and Exchange
(c) Production and Consumption
(d) Production and Marketing
Answer: (c)

Question. An economy consists of
(a) consumption sector
(b) Production sector
(c) Government sector
(d) All the above
Answer: (d)

Question. Identify the economic system where only private ownership of production exists.
(a) Capitalistic Economy
(b) Socialistic Economy
(c) Globalisic Economy
(d) Mixed Economy
Answer: (a)

Question. Economic system representing equality in distribution is _________.
(a) Capitalism
(b) Globalism
(c) Mixedism
(d) Socialism
Answer: (d)

Question. Who is referred as ‘Father of Capitalism’?
(a) Adam Smith
(b) Karl Marx
(c) Thackeray
(d) J M Keynes
Answer: (a)

Question. The country following Capitalism is ________________ .
(a) Russia
(b) America
(c) India
(d) China
Answer: (b)

Question. Identify The Father of Socialism.
(a) J M Keynes
(b) Karl Marx
(c) Adam Smith
(d) Samuelson
Answer: (b)

Question. An economic system where the economic activities of a nation are done both by the private and public together is termed as_____________.
(a) Capitalistic Economy
(b) Socialistic Economy
(c) Globalisic Economy
(d) Mixed Economy
Answer: (d)

Question. Quantity of a commodity accumulated at a point of time is termed as ____________..
(a) production
(b) stock
(c) variable
(d) flow
Answer: (b)

Question. Identify the flow variable.
(a) money supply
(b) assets
(c) income
(d) foreign exchange reserves
Answer: (c)

Question. Identify the sectors of a Two Sector Model.
(a) Households and Firms
(b) Private and Public
(c) Internal and External
(d) Firms and Government
Answer: (a)

Question. The Circular Flow Model that represents an open Economy.
(a) Two Sector Model
(b) Three Sector Model
(c) Four Sector Model
(d) All the above
Answer: (c)

 

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