This quiz works best with JavaScript enabled. Home > Cbse > Class 11 > Commerce > Economics Indian Economic Development > Class 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence Quiz 2 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What percentage of GDP did agriculture contribute? A) 30%. B) 90%. C) 50%. D) 70%. Show Answer Correct Answer: C) 50%. 2. What percentage of India's national income was accounted for by agricultural practices before 1947? A) 85%. B) 70%. C) 95%. D) 50%. Show Answer Correct Answer: C) 95%. 3. What is the purpose of subsidies in Indian agriculture? A) To increase the profits of large farmers. B) To promote inequality in the farming sector. C) To provide financial support to small farmers. D) To encourage import of agricultural products. Show Answer Correct Answer: C) To provide financial support to small farmers. 4. Discriminatory tariff policy under by the colonial government did NOT include: A) Heavy duty on export of raw material from India. B) Free import of final goods of British industry to India. C) Heavy duty on export of Indian handicrafts. D) Free export of raw materials from India. Show Answer Correct Answer: A) Heavy duty on export of raw material from India. 5. Subsistence farming is a form of farming A) In which crops are produced for sale in the market. B) In which crops are produced to provide for the basic needs of the family. C) In which there is a lack of commercial Outlook. D) Both B and C. Show Answer Correct Answer: D) Both B and C. 6. Who among the following took attempts to calculate national income of India on the eve of independence? A) Dadabhai Naoroji. B) VKRV Rao. C) Findlay Shirras. D) All of the above. Show Answer Correct Answer: D) All of the above. 7. The colonial rule destroyed India's traditional handicraft industry. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 8. When was bengol famine take place A) 1943. B) 1881. C) 1947. D) None of the above. Show Answer Correct Answer: A) 1943. 9. Which of the following was the major occupation on the eve of independence? A) Industries. B) Service. C) Agriculture. D) None of the above. Show Answer Correct Answer: C) Agriculture. 10. Export surplus during the British rule was used for: A) To make payments for expenses incurred by offices set up by the colonial government. B) To meet expenses on war fought by the British government. C) To import invisible items. D) All of the above. Show Answer Correct Answer: D) All of the above. 11. Which industry suffered a major setback during the British rule? A) Cement. B) Iron and Steel. C) Handicraft. D) Paper. Show Answer Correct Answer: C) Handicraft. 12. Goods which were exported during colonial period: A) Silk. B) Agriculture. C) Cotton. D) All of these. Show Answer Correct Answer: D) All of these. 13. Economic infrastructure includes: A) Communication. B) Banking. C) Power. D) All of these. Show Answer Correct Answer: D) All of these. 14. At the time of independence most of the land was owned by- A) Farmers. B) Zamindars. C) Labour. D) All of the above. Show Answer Correct Answer: B) Zamindars. 15. What was the literacy rate in India around the time of independence? A) High. B) Low. C) Not recorded. D) Moderate. Show Answer Correct Answer: B) Low. 16. What percentage of the population was employed in agriculture? A) 70%. B) 90%. C) 30%. D) 50%. Show Answer Correct Answer: A) 70%. 17. Who is the governor of RBI at present. A) Urjit Patel. B) Raghuram Rajan. C) Manmohan Singh. D) Shakti Kant Das. Show Answer Correct Answer: D) Shakti Kant Das. 18. What was the British strategy to undermine the Indian handicraft sector? A) Encouraging local artisans. B) Imposing a discriminatory tariff. C) Providing subsidies. D) Promoting exports. Show Answer Correct Answer: B) Imposing a discriminatory tariff. 19. What was the impact of British rule on India's export volume? A) Elevated to the forefront. B) Became negligible. C) Remained the same. D) Decreased significantly. Show Answer Correct Answer: A) Elevated to the forefront. 20. Infant mortality rate during British period was A) 210 per thousand. B) 218 per thousand. C) 212 per thousand. D) 4000. Show Answer Correct Answer: B) 218 per thousand. 21. In which year the Tata Iron and Steel Company (TISCO) was incorporated in India? A) 1909. B) 1905. C) 1902. D) 1907. Show Answer Correct Answer: D) 1907. 22. What was the female literacy level of India during independence? A) 9%. B) 5%. C) 7%. D) 16%. Show Answer Correct Answer: C) 7%. 23. At the time of independence, bulk of workforce was engaged in: A) Agriculture. B) Industry. C) Service. D) None of these. Show Answer Correct Answer: A) Agriculture. 24. Before 1921, India was in the first stage of demographic transition. A) Yes. B) No. C) All the above. D) None of the above. Show Answer Correct Answer: A) Yes. 25. When was planning commission set up A) 1990. B) 1850. C) 1960. D) 198o. E) 1950. Show Answer Correct Answer: E) 1950. 26. Under British rule, India became an exporter of A) Capital goods. B) Raw materials. C) Finished goods. D) Machinery. Show Answer Correct Answer: B) Raw materials. 27. India had a dependent economy before the advent of the British rule. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 28. The opening of Suez canal served as a direct route for ships operating between: A) India and America. B) India and Sri Lanka. C) India and Pakistan. D) India and Britain. Show Answer Correct Answer: D) India and Britain. 29. Which of the following was the main feature of industrial sector on the eve of independence? A) Non existence of capital good industry. B) Bleak expansion of modern industry. C) Discriminatory tariff policy of the British government. D) All of these. Show Answer Correct Answer: D) All of these. 30. What percentage of the working population was employed in agriculture on the eve of Independence? A) 30.3%. B) 72.7%. C) 60.6%. D) 50.5%. Show Answer Correct Answer: B) 72.7%. 31. Which industry received the major setback during the colonial rule A) Cement. B) Craft. C) Paper. D) Iron and steel. Show Answer Correct Answer: B) Craft. 32. What was the Life expectancy of India at the time of independence? A) 33. B) 32. C) 31. D) 30. Show Answer Correct Answer: B) 32. 33. Tisco was incorporated in the year A) 1986. B) 1970. C) 1990. D) 1907. E) 1980. Show Answer Correct Answer: D) 1907. 34. ..... refers to annual percentage increase in real national income during that period. A) Rate of national income. B) Rate of growth. C) Rate of development. D) None. Show Answer Correct Answer: B) Rate of growth. 35. What proportion of India's working population was engaged in agriculture before independence? A) 25-35%. B) 70-85%. C) 90-100%. D) 40-50%. Show Answer Correct Answer: B) 70-85%. 36. What was the economic growth rate of India during British rule? A) Slow or no growth. B) Moderate growth. C) Decline. D) Rapid growth. Show Answer Correct Answer: A) Slow or no growth. 37. DURING BRITISH RULE BOTH BIRTH RATE AND DEATH RATE WERE HIGH. IS THE STATEMENT ..... A) TRUE. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: A) TRUE. 38. Which one of these is a central problem of an Economy? A) What to produce. B) How to produce. C) For whom to produce. D) All of the above. Show Answer Correct Answer: D) All of the above. 39. State whether the given statement is true or false. On the eve of Independence, Indian economy was a mixed economy. A) True. B) False. C) None of the above. D) None of the above. Show Answer Correct Answer: A) True. 40. Which year is called as the year of demographic divide/ or year of great divide? A) 1991. B) 1990. C) 1921. D) 1920. Show Answer Correct Answer: C) 1921. 41. The percentage of people employed in agriculture in 1950-51 was A) 49.1. B) 34.2. C) 72.3. D) None of these. Show Answer Correct Answer: C) 72.3. 42. How many industries are reserved for public sector at present A) 3. B) 4. C) 17. D) 6. Show Answer Correct Answer: A) 3. 43. Which industry suffered a major setback during British rule in India A) Handicraft. B) Iron & steel. C) Paper. D) Cement. E) All of these. Show Answer Correct Answer: A) Handicraft. 44. ..... enjoyed a world wide market based on the reputation of the fine quality of material. A) Handicraft industries. B) Capital goods. C) Zamindari system. D) None of the above. Show Answer Correct Answer: A) Handicraft industries. 45. At the time of independence, India's economy was mainly: A) Industrial and prosperous. B) Poor and stagnant. C) Developed and modern. D) Rich in capital and infrastructure. Show Answer Correct Answer: B) Poor and stagnant. 46. Whose estimate of National Income was considered very significant? A) Findlay Shirras. B) William Digby. C) Dadabhai Naoroji. D) V.K.R.V.Rao. Show Answer Correct Answer: D) V.K.R.V.Rao. 47. Before 1921, India was in the ..... of demographic transition. A) First. B) Third. C) Second. D) Fourth. Show Answer Correct Answer: A) First. 48. What sector suffered due to British misrule in India? A) Agriculture. B) Handicraft. C) Technology. D) Education. Show Answer Correct Answer: B) Handicraft. 49. More than half of India's trade under colonial rule was restricted to: A) China. B) Ceylon. C) Persia. D) Britain. Show Answer Correct Answer: D) Britain. 50. The people who bring all the factors together to create something are practicing A) Land. B) Labor. C) Capital. D) Entrepreneurship. Show Answer Correct Answer: D) Entrepreneurship. 51. Life expectancy during the colonial period was ..... A) 63. B) 65. C) 30. D) 32. Show Answer Correct Answer: D) 32. 52. Which major industrial development took place before independence? A) Establishment of Maruti Udyog. B) Founding of Tata Iron and Steel Industry. C) Launch of Five-Year Plans. D) Setting up of Indian Railways. Show Answer Correct Answer: B) Founding of Tata Iron and Steel Industry. 53. Landholdings at the time of independence were A) Fragmented. B) Large. C) Small. D) Both [a] and [c]. Show Answer Correct Answer: D) Both [a] and [c]. 54. WHICH TYPE OF CROP DID BRITISH ASK FARMER TO GROW? A) COMMERCIAL. B) SELF CONSUMPTION. C) SUBSISTENCE. D) ALL OF THE ABOVE. Show Answer Correct Answer: A) COMMERCIAL. 55. Where was the first iron and steel company established? A) Jamshedpur. B) Kolkata. C) Ranchi. D) Patna. Show Answer Correct Answer: A) Jamshedpur. 56. What was the primary source of income for over 85% of India's population before Independence? A) Manufacturing. B) Agriculture. C) Foreign Trade. D) Handicrafts. Show Answer Correct Answer: B) Agriculture. 57. Who is the ex-officio chairperson of NITI ayog A) President. B) Finiance minister. C) Prime minister. D) Both a & b. E) None of these. Show Answer Correct Answer: C) Prime minister. 58. On the eve of independence Indian economy was heavily dependent upon A) Either A or B. B) Neither a nor b. C) Imports. D) Exports. Show Answer Correct Answer: C) Imports. 59. The economic policies pursued by the colonial government in India were concerned more with the protection and promotion of the economic interests of India. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 60. Who made significant estimates about calculating national income I India during the British period? A) Findley Shirras. B) William Digby. C) V K R V Rao. D) Dadabhai naoroji. 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