This quiz works best with JavaScript enabled. Home > Cbse > Class 11 > Commerce > Economics Indian Economic Development > Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) – Quiz 3 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 3 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A woman works at a sweet shop in her village on a contract basis and gets meagre salary after working the entire day. She doesn't get any holidays or paid leave, rather her employer deducts her salary whenever she is absent from work. Find out in which of the following sectors she is working? A) Unorganised sector. B) Service sector. C) Organised sector. D) Primary sector. Show Answer Correct Answer: A) Unorganised sector. 2. Who is known as the father of green revolution in India? A) Dr. M S Ahluwalia. B) Dr. M S Swaminathan. C) Dr. Varghese Kurian. D) Dr. Manmohan Singh. Show Answer Correct Answer: B) Dr. M S Swaminathan. 3. POPULATION OF INDIA IN 2011 CENSUS A) 120.00. B) 130.87. C) 130.87. D) 121.08. Show Answer Correct Answer: D) 121.08. 4. The association of the rupee with pound sterling as the intervention currency was broken in A) 1993. B) 1992. C) 1991. D) 1990. Show Answer Correct Answer: B) 1992. 5. The value of all goods and services produced within a country in a certain year is called its: A) National Product. B) Net Domestic Product. C) Gross Domestic Product. D) None of these. Show Answer Correct Answer: C) Gross Domestic Product. 6. Occupational Structure refers to the distribution of working population across ..... A) Primary. B) Secondary. C) Tertiary. D) All of the above. Show Answer Correct Answer: D) All of the above. 7. Which of the following defines depreciation? A) Destruction of a plant in a fire accident. B) Loss of equipment over time due to wear and tear. C) Closure of a plant due to labour trouble. D) Closure of a plant due to lockout. Show Answer Correct Answer: B) Loss of equipment over time due to wear and tear. 8. On which of the following the Aatma Nirbhar Bharat Abhiyaan package is focused? A) Labour. B) Land. C) Liquidity and Laws. D) All the above. Show Answer Correct Answer: D) All the above. 9. What is current CRR in India? A) 1%. B) 7%. C) 2%. D) 4%. Show Answer Correct Answer: D) 4%. 10. The establishment of the Planning Commission in India was inspired by the model of economic planning in which country? A) United States. B) Soviet Union. C) United Kingdom. D) China. Show Answer Correct Answer: B) Soviet Union. 11. What was one of the instruments used in the trade policy for import substitution? A) Reduction of tariffs. B) Quota & Tariffs. C) Increase in foreign aid. D) Free trade agreements. Show Answer Correct Answer: B) Quota & Tariffs. 12. The contribution made by each sector of the economy to GDP is known as: A) Occupational Structure. B) Demography. C) Structural Composition. D) None of these. Show Answer Correct Answer: C) Structural Composition. 13. The average capacity utilisation of steel units during the 1980s ranged between 64% to 79%. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 14. Which section of The Trade Unions Act, 1926 deals with Certificate of registration? A) Section 14 of The Trade Unions Act, 1926. B) Section 9 of The Trade Unions Act, 1926. C) Section 20 of The Trade Unions Act, 1926. D) Section 12 of The Trade Unions Act, 1926. Show Answer Correct Answer: B) Section 9 of The Trade Unions Act, 1926. 15. Production of a commodity, mostly through the natural process, is an activity of ..... Sector. A) Primary. B) Secondary. C) Tertiary. D) None of these. Show Answer Correct Answer: A) Primary. 16. Which of the following crops saw major improvement due to the Green Revolution A) Wheat. B) Sugarcane. C) Pulses. D) Cotton. Show Answer Correct Answer: A) Wheat. 17. Which factor led to the breaking up of the stagnation of agriculture? A) Land reforms. B) Green revolution. C) Buffer stock. D) Land ceiling. Show Answer Correct Answer: B) Green revolution. 18. GST came into effect in which year? A) 2018. B) 2016. C) 2017. D) 2015. Show Answer Correct Answer: C) 2017. 19. Land reforms were successful in the following because these states had government committed to the policy of 'land to the tiller' A) Kerala. B) West bengal. C) Karnataka. D) Both a and b. E) Both b and c. Show Answer Correct Answer: D) Both a and b. 20. In India what type of economic system is being followed? A) Monarchy. B) Capitalism. C) Mixed. D) Socialism. Show Answer Correct Answer: C) Mixed. 21. What was the the literacy rate of India on the eve of Independence? A) 30%. B) 15%. C) 26%. D) 16%. Show Answer Correct Answer: D) 16%. 22. On what basis the sectors are classified into public and private sector A) Ownership of enterprises. B) By the profit. C) By their investment. D) None of the above. Show Answer Correct Answer: A) Ownership of enterprises. 23. A pregnant women employees is entitled to get paid maternity leave for ..... A) 6 weeks. B) 12 weeks. C) 10 weeks. D) 16 weeks. Show Answer Correct Answer: B) 12 weeks. 24. Objectives of planning in India are ..... A) Growth. B) Self reliance. C) Modernization. D) All of these. Show Answer Correct Answer: D) All of these. 25. If new computers are being installed in a company and some employees are fired from the job due to lack of computer knowledge then what kind of unemployment would it be called? A) Structural unemployment. B) Frictional unemployment. C) Disguised Unemployment. D) Hidden unemployment. Show Answer Correct Answer: A) Structural unemployment. 26. Which is the characteristics of an underdeveloped economy? A) General poverty. B) Significance of industrial sector. C) Low growth of population. D) Use of higher production techniques and skills. Show Answer Correct Answer: A) General poverty. 27. According to planning commission, if tourism as a sector is improved, every year we can give additional employment to people more than A) 40 lakhs. B) 35 lakhs. C) 45 lakhs. D) 50 lakhs. Show Answer Correct Answer: B) 35 lakhs. 28. What is the growth rate percapita income on the eve of Independence? A) 4%. B) 1/2 %. C) 2.5%. D) None of the above. Show Answer Correct Answer: B) 1/2 %. 29. How should the policies of the private sector be in relation to the public sector? A) Independent. B) Complementary. C) Competitive. D) Opposed. Show Answer Correct Answer: B) Complementary. 30. What was the aim of forming Karve Committee in 1955? A) To improve technology. B) To develop large scale industries. C) To develop small scale industries. D) None of the above. Show Answer Correct Answer: C) To develop small scale industries. 31. Which sector covers activities related to manufacturing natural products into other forms associated with industrial activity? A) Secondary sector. B) Tertiary sector. C) Primary sector. D) None of the above. Show Answer Correct Answer: A) Secondary sector. 32. A technique of sending, getting and collecting information in which computer, database and modem are used. A) Hightech Technology. B) Information Technology. C) Advanced Technology. D) Modern Technology. Show Answer Correct Answer: B) Information Technology. 33. What is the secondary sector? A) Production of a good by exploiting natural resources. B) Activities, by themselves, do not produce a good but they are an aid or support for the production process. C) Activities in which natural products are changed into other forms through ways of manufacturing. D) None of the above. Show Answer Correct Answer: C) Activities in which natural products are changed into other forms through ways of manufacturing. 34. Price support policy means A) Maximum price of produced goods. B) Subsidy to farmers. C) More price than industrial goods. D) Minimum price fixed by the government for the farmers. Show Answer Correct Answer: D) Minimum price fixed by the government for the farmers. 35. A good indicator of growth is steady increase in the: A) Gross Domestic Product. B) Net Domestic Product. C) Population. D) National Income. Show Answer Correct Answer: A) Gross Domestic Product. 36. The characteristics of agricultural products and production are: A) Perishability of products. B) Seasonality of production. C) Huge volume/ bulkiness of products. D) All of these. Show Answer Correct Answer: D) All of these. 37. What were the focus points of 2nd five-year plan? A) Agriculture. B) Industry. C) Service. D) None of these. Show Answer Correct Answer: B) Industry. 38. Which of the following activities continued to prove to be the largest employer between 1973 to 2011? A) Banking. B) Fishing. C) Mining. D) Agriculture. Show Answer Correct Answer: D) Agriculture. 39. What was the % of India's population that was dependent on agriculture during agriculture? A) 85. B) 65. C) 55. D) 75. Show Answer Correct Answer: D) 75. 40. When was the 'Village and Small-scale Industries Committee' set up? A) 1950. B) 1955. C) 1949. D) 1958. Show Answer Correct Answer: B) 1955. 41. When was Make in India programme launched? A) July 15, 2015. B) October 11, 2016. C) September 25, 2014. D) October 2, 2015. Show Answer Correct Answer: C) September 25, 2014. 42. What is the base year for calculating India's GDP? A) 2004-05. B) 2010-11. C) 2014-15. D) 2011-12. Show Answer Correct Answer: D) 2011-12. 43. Which of the following is not included in land reforms? A) Use of high yielding variety of seeds. B) Abolition of intermediaries. C) The change in ownership of landholdings. D) Land ceiling. Show Answer Correct Answer: A) Use of high yielding variety of seeds. 44. In which years did the second phase of the Industrial Revolution start in India? A) 1951-1965. B) 1991 onwards. C) 1981-1991. D) 1965-1980. Show Answer Correct Answer: D) 1965-1980. 45. Which of the following statement is correct about the NITI Aayog? A) NITI Aayog was Formed 25 January 2016. B) NITI Aayog comes under the Ministry of Commerce and Industry. C) The full form of NITI Aayog is National institute for Transforming India. D) The NITI Aayog is a policy think tank of the Government of India. Show Answer Correct Answer: D) The NITI Aayog is a policy think tank of the Government of India. 46. Which economic system is most economies classified as? A) Mixed Economies. B) Capitalist Economies. C) Socialist Economies. D) Traditional Economies. Show Answer Correct Answer: A) Mixed Economies. 47. The portion of ..... produce which is sold in the market by the farmers is called marketed surplus.a. b. c. d. A) Agricultural. B) Livestock. C) Forestry. D) Irrigation. Show Answer Correct Answer: A) Agricultural. 48. Karve Committee is related to: A) Agriculture. B) Service sector. C) SSI. D) None of these. Show Answer Correct Answer: C) SSI. 49. On which of the following basis the sectors are classified into public sector and private sector? A) Employment conditions. B) Ownership of enterprises. C) Number of workers employed in the enterprise. D) The nature of the economic activity. Show Answer Correct Answer: B) Ownership of enterprises. 50. What does HYVs stand for? A) High Yeilding Variety Seeds. B) High Yeilding Various Seeds. C) None of the above. D) None of the above. Show Answer Correct Answer: A) High Yeilding Variety Seeds. 51. Assertion:-The proportion of people depending on agriculture declined as expectedReason:-The 2nd Industrial Policy Resolution was adopted in the year 1956. A) Assertion is true, reason is false. B) Assertion and reason both are true but reason is not the correct explanation of assertion. C) Assertion and reason both are true but reason is the correct explanation of assertion. D) Assertion is false, reason is true. Show Answer Correct Answer: B) Assertion and reason both are true but reason is not the correct explanation of assertion. 52. The textile industry is the largest single industry in India. A) False. B) True. C) All the above. D) None of the above. Show Answer Correct Answer: B) True. 53. High yielding varieties of seeds require more amount of fertiliser A) True. B) False. C) Partially true. D) None of the above. Show Answer Correct Answer: A) True. 54. Road transport is the dominant mode of transportation in India, carrying almost 85% of the country's passenger traffic. A) False. B) True. C) All the above. D) None of the above. Show Answer Correct Answer: B) True. 55. Globalisation is a process of rapid ..... or ..... between the countries. A) Integration or interconnection. B) Intersection or interrelation. C) Interaction or intermingling. D) None of the above. Show Answer Correct Answer: A) Integration or interconnection. 56. What is the main motive of private sector enterprises A) To give more wages to employee. B) To make facilities for public. C) To earn profit. D) All of these. Show Answer Correct Answer: C) To earn profit. 57. ..... refers to utilisation of country's resources in order to promote economic growth. A) Self-reliance. B) Sankhya. C) Land ceiling. D) Market surplus. Show Answer Correct Answer: A) Self-reliance. 58. The father of high yielding variety seeds is considered to be Norman Borlaug. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 59. Section 26 of the The Trade UnionsAct, 1926 deals with ..... ? A) Power to make regulations. B) Effects of change of name and ofamalgamation. C) Amalgamation of Trade Unions. D) Enforceability of agreements. Show Answer Correct Answer: B) Effects of change of name and ofamalgamation. 60. Disinvestment means selling of a public investment to a A) Departmental enterprise. B) Public enterprise. C) Private enterprise. D) Capital market. Show Answer Correct Answer: C) Private enterprise. ← PreviousNext →Related QuizzesCommerce QuizzesClass 11 QuizzesClass 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 1Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 2Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 4Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 5Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 6Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 7Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 8Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books