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 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 7 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which plan period introduced the Green Revolution in India? A) First. B) Second. C) Third. D) None of the above. Show Answer Correct Answer: C) Third. 2. When was NITI Aayog set up? A) 1 July 2015. B) 1 Junuary 2015. C) 1 Junuary 2014. D) 1 July 2015. Show Answer Correct Answer: B) 1 Junuary 2015. 3. Who was the first governor of Reserve Bank of India from Indian origin? A) C. Rajagopalachari. B) C.D. Deshmukh. C) Osborne Smith. D) L. K. Jha. Show Answer Correct Answer: B) C.D. Deshmukh. 4. MGNREGA 2005 implements the ..... in about 625 district of India. A) Right to Education. B) Right to Life. C) Right to Property. D) Right to Work. Show Answer Correct Answer: D) Right to Work. 5. During the initial years after independence, the low productivity of Indian agricultural sector forced India to import food from which country? A) UK. B) USSR. C) South America. D) USA. Show Answer Correct Answer: D) USA. 6. Which of the following factors has not facilitated globalisation? A) Liberalisation of trade. B) Nationalisation of banks. C) WTO. D) Technology. Show Answer Correct Answer: B) Nationalisation of banks. 7. Which of the following is a tertiary sector activity? A) Nursing. B) Making pots. C) Food processing. D) All of the above. Show Answer Correct Answer: A) Nursing. 8. Which is the famous institution established by Mahalanobis? A) JNU. B) ISI. C) BHU. D) All of these. Show Answer Correct Answer: B) ISI. 9. Scarcity is the root of A) Social problems. B) All economic problems. C) Political problems. D) All problems. Show Answer Correct Answer: B) All economic problems. 10. IPR 1956 laid emphasis on the role of A) Public sector. B) Private sector. C) Joint sector. D) None of these. Show Answer Correct Answer: A) Public sector. 11. What was a key aspect of the Five-Year Plan strategy? A) Elimination of public sector. B) Focus on short-term goals. C) Complete privatization. D) Long-term economic planning. Show Answer Correct Answer: D) Long-term economic planning. 12. NO.13 IMPORT SUBSTITUTION A) NONE. B) PRODUCING NECESARRY GOODS AT HOME. C) PRODUCING NECESARRY GOODS AT OTHER COUNTRIES. D) IMPORTING OF NECESARRY ITEMS FROM ABROAD. Show Answer Correct Answer: B) PRODUCING NECESARRY GOODS AT HOME. 13. Who coined the term "Green Revolution" ? A) Muhammad Ali Jinnah. B) Mahatma Gandhi. C) William Gaud. D) Norman Borlaug. Show Answer Correct Answer: C) William Gaud. 14. The Roads which received special impetus under the Pradhanmantri Grameen Sadak Yojna A) Rural roads. B) District roads. C) Border roads. D) None of the above. Show Answer Correct Answer: A) Rural roads. 15. The public healthcare system in India faces challenges such as inadequate infrastructure and shortages of healthcare professionals. A) False. B) True. C) All the above. D) None of the above. Show Answer Correct Answer: B) True. 16. Which of the following is a typical characteristic of small scale industry? A) SSI is labour intensive. B) SSI shows locational flexibility. C) SSI is capital intensive. D) Both I and II option. Show Answer Correct Answer: D) Both I and II option. 17. The government budget is an A) Weekly statement. B) Half yearly statement. C) Annual statement. D) Five yearly statement. Show Answer Correct Answer: C) Annual statement. 18. Which of these countries produces the most GDP? A) Canada. B) India. C) Italy. D) Brazil. Show Answer Correct Answer: B) India. 19. Factories producing goods will come under which sector A) Primary. B) Secondary. C) Tertiary. D) None of the above. Show Answer Correct Answer: B) Secondary. 20. Which of the following tax will be abolished by the GST? A) Corporation tax. B) Wealth Tax. C) Income Tax. D) Service Tax. Show Answer Correct Answer: D) Service Tax. 21. When was the IFCI established? A) 1964. B) 1955. C) 1971. D) 1948. Show Answer Correct Answer: B) 1955. 22. What type of economic system did India adopt after independence? A) Traditional Economy. B) Mixed Economic System. C) Capitalist Economy. D) Socialist Economy. Show Answer Correct Answer: B) Mixed Economic System. 23. In India the mammoth task of measuring GDP is undertaken by a: A) State Government. B) Public Sector. C) Private Sector. D) Central Government. Show Answer Correct Answer: D) Central Government. 24. Which of the following is the main focus of "Aatma Nirbhar Bharat Abhiyaan" announced by Prime Minister Narendra Modi to combat covid-19 crisis? A) Increasing tax on all imported goods. B) Fixing the quantity of imports. C) Enable India to become self reliant economy. D) None of the above. Show Answer Correct Answer: C) Enable India to become self reliant economy. 25. What is the backbone of Indian economy A) Agriculture. B) Industry. C) Service. D) None of theses. Show Answer Correct Answer: A) Agriculture. 26. Who were the owner of the Soil during British Period A) Labourer. B) Peasants. C) Zamindar. D) Tillers. Show Answer Correct Answer: C) Zamindar. 27. If in a country primary activity is the most important economic activity then the country is likely to be A) Developed. B) Developing. C) Under developed. D) None of the above. Show Answer Correct Answer: C) Under developed. 28. When did Industrial policy resolution take place in India? A) 1957. B) 1954. C) 1956. D) 1948. Show Answer Correct Answer: C) 1956. 29. NO.20 MAIN FEATURES OF IPR 1956 ARE ..... A) PROTECTION TO COTTAGE AND SMALL SCALE INDUSTRIES. B) ALL OF THESE. C) SPECIFIC AND LL IMPORTANT ROLE ASSIGNED TO PUBLIC SECTOR. D) CAUTIOUS APPROACH TOWARDS FOREIGN CAPITAL. Show Answer Correct Answer: B) ALL OF THESE. 30. Which of the following is a goal of five year plans? A) Growth. B) Modernisation. C) Self-reliance. D) All of these. Show Answer Correct Answer: D) All of these. 31. NO.17 IPR 1956 REFERS TO ..... A) THIRD INDUSTRIAL POLICY RESOLUTION. B) SECOND INDUSTRIAL POLICY RESOLUTION. C) FOURTH INDUSTRIAL POLICY RESOLUTION. D) FIRST INDUSTRIAL POLICY RESOLUTION. Show Answer Correct Answer: B) SECOND INDUSTRIAL POLICY RESOLUTION. 32. When we produce a good by exploiting natural resources it is called ..... ? A) Primary sector. B) Public sector. C) Tertiary sector. D) Service sector. Show Answer Correct Answer: A) Primary sector. 33. The Central and state governments in India have set up ..... to attract foreign companies to invest in India? A) Special economic zones. B) Special investment zones. C) Special business zones. D) Special trade zones. Show Answer Correct Answer: A) Special economic zones. 34. At the initial stages of development, which one of the following sectors was the most important of economic activity? A) Primary. B) Quaternary. C) Secondary. D) Tertiary. Show Answer Correct Answer: A) Primary. 35. Which of the following is the leading sector in India? A) Agriculture. B) Services. C) Manufacturing. D) All of the above. Show Answer Correct Answer: B) Services. 36. The Green Revolution in India was introduction of HYV seeds for ..... A) Wheat. B) Oilseed. C) Rice. D) Millet. Show Answer Correct Answer: A) Wheat. 37. Who is the chairman of the planning commission in India? A) President. B) Prime minister. C) Governor. D) Chief minister. Show Answer Correct Answer: B) Prime minister. 38. At the higher levels of development, the ..... sector contributes more to the GDP. A) Secondary. B) Primary. C) Tertiary. D) Both (a) and (b). Show Answer Correct Answer: C) Tertiary. 39. Who presented the 1st 5-year plan of the country? A) Pandit Jawaharlal Nehru. B) B R Ambedkar. C) Sardar Ballav Bhai Patel. D) Mahatma Gandhi. Show Answer Correct Answer: A) Pandit Jawaharlal Nehru. 40. Which of the following is also known as disguised employment? A) Unemployment. B) Over employment. C) Under employment. D) Factory employment. Show Answer Correct Answer: B) Over employment. 41. The unorganised sector is characterised by small and scattered units which are largely outside the control of the ..... A) Private individuals. B) Employees. C) Employers. D) Government. Show Answer Correct Answer: D) Government. 42. Industries were the focus for the second five-year plan. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 43. NO.10 THERE WERE 29 INDUSTRIES UNDER PUBLIC SECTOR OUT OF WHICH HOW MANY INDUSTRIES WERE UNDER SCHEDULE A A) 12. B) 10. C) 17. D) 5. Show Answer Correct Answer: C) 17. 44. Which of the following institution was engaged in the formulation of five year plan in India? A) Planning commission. B) National development council. C) Finance ministry. D) Home ministry. Show Answer Correct Answer: A) Planning commission. 45. Economic activities are highly ..... A) Independent. B) Wasteful. C) Interdependent. D) Producing. Show Answer Correct Answer: C) Interdependent. 46. Who was the last deputy chairman of the Planning Commission? A) C. Rangarajan. B) Shri Pranab Mukherjee. C) Dr. Manmohan Singh. D) Montek Singh Ahluwalia. Show Answer Correct Answer: D) Montek Singh Ahluwalia. 47. Many organised sector enterprises are found in unorganized sector as to ..... A) Do illegal activities. B) Pay additional taxes. C) Ensure to pay taxes. D) Evade taxes. Show Answer Correct Answer: D) Evade taxes. 48. The process of ..... is essential in the Secondary Sector. A) Exploitation. B) Manufacturing. C) Producing. D) Recycling. Show Answer Correct Answer: B) Manufacturing. 49. By what year is India's workforce projected to not exceed China's, despite a younger population? A) 2050. B) 2030. C) 2025. D) 2040. Show Answer Correct Answer: A) 2050. 50. ..... was the main source of income for the British A) Land Revenue. B) Mining. C) Horticulture. D) Dairy farming. Show Answer Correct Answer: A) Land Revenue. 51. Who formulates five year plans in India? A) Parliament. B) Planning Commission. C) Supreme court. D) R.B.I. Show Answer Correct Answer: B) Planning Commission. 52. In which year First five year plan started in India? A) 1960. B) 1951. C) 1961. D) 1950. Show Answer Correct Answer: B) 1951. 53. Where is the headquarters of the SAARC? A) Manila. B) Kathmandu. C) New Delhi. D) Jakarta. Show Answer Correct Answer: B) Kathmandu. 54. Consider the following statement with respect to Indian Industries and mention the correct combination.I) Industrial Policy resolution was adopted in 1956II) Planning Committee was set up in favour of small-scale industriesIII) Industrial Licensing policy was abolished for the improvement of Industries A) Only I. B) Only II and III. C) I and III. D) All of the above. Show Answer Correct Answer: C) I and III. 55. NO.19 TENANCY REFORMS REFERS TO ..... A) NONE. B) BRINGING TOGETHER ALL PLOTS OF LAND OF A CULTIVATOR INTO ONE COMPACT BLOCK. C) THOSE WHO TAKE CULTIVABE LAND ON RENT AND PAY EITHER IN TERMS OF MONEY OR A PART OF PRODUCE. D) DIVIDING THE LAND INTO SMALL PLOTS. Show Answer Correct Answer: C) THOSE WHO TAKE CULTIVABE LAND ON RENT AND PAY EITHER IN TERMS OF MONEY OR A PART OF PRODUCE. 56. Which of the following are the central cooperative banks directly associated with? A) Central government. B) Land development banks. C) State cooperative banks. D) Farmers. Show Answer Correct Answer: C) State cooperative banks. 57. What does 'Import Substitution' mean in the context of India's trade policy? A) Reducing imports of oil. B) Encouraging domestic production to replace imports. C) Replacing exports with imports. D) Promoting exports over imports. Show Answer Correct Answer: B) Encouraging domestic production to replace imports. 58. Death rate was ..... during British Period. A) 40. B) 60. C) 80. D) 20. Show Answer Correct Answer: A) 40. 59. When a farmer produces just for his self-consumption and not for commercial purpose is known as ..... A) Subsistence farming. B) Commercial farming. C) Both a and b. D) None of the above. Show Answer Correct Answer: A) Subsistence farming. 60. What was a problem related to equity in the agriculture sector? A) Neither growth nor equity. B) Excessive growth. C) Surplus of equity. D) Excessive equity. Show Answer Correct Answer: A) Neither growth nor equity. ← 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 3Class 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 8Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books