This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence – Quiz 5 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence Quiz 5 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. 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. 2. 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. 3. Which year is called as the year of demographic divide/ or year of great divide? A) 1920. B) 1921. C) 1991. D) 1990. Show Answer Correct Answer: B) 1921. 4. 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. 5. How many industries are reserved for public sector at present A) 4. B) 17. C) 6. D) 3. Show Answer Correct Answer: D) 3. 6. 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. 7. ..... 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. 8. 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. 9. Whose estimate of National Income was considered very significant? A) Dadabhai Naoroji. B) William Digby. C) Findlay Shirras. D) V.K.R.V.Rao. Show Answer Correct Answer: D) V.K.R.V.Rao. 10. Before 1921, India was in the ..... of demographic transition. A) First. B) Second. C) Third. D) Fourth. Show Answer Correct Answer: A) First. 11. What sector suffered due to British misrule in India? A) Agriculture. B) Handicraft. C) Technology. D) Education. Show Answer Correct Answer: B) Handicraft. 12. More than half of India's trade under colonial rule was restricted to: A) China. B) Britain. C) Ceylon. D) Persia. Show Answer Correct Answer: B) Britain. 13. 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. 14. Life expectancy during the colonial period was ..... A) 30. B) 32. C) 63. D) 65. Show Answer Correct Answer: B) 32. 15. 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. 16. 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]. 17. 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. 18. Where was the first iron and steel company established? A) Kolkata. B) Jamshedpur. C) Patna. D) Ranchi. Show Answer Correct Answer: B) Jamshedpur. 19. 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. 20. 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. 21. On the eve of independence Indian economy was heavily dependent upon A) Exports. B) Imports. C) Either A or B. D) Neither a nor b. Show Answer Correct Answer: B) Imports. 22. 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. 23. Who made significant estimates about calculating national income I India during the British period? A) Dadabhai naoroji. B) Findley Shirras. C) William Digby. D) V K R V Rao. Show Answer Correct Answer: D) V K R V Rao. 24. The main motive of British policies was A) To develop Indian economy. B) To serve the interest of England. C) To create infrastructure in India. D) To civilise Indians. Show Answer Correct Answer: B) To serve the interest of England. 25. The most important infrastructure developed during the British period A) Airways. B) Railways. C) Waterways. D) None of these. Show Answer Correct Answer: B) Railways. ← PreviousNext →Related QuizzesClass 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence Quiz 1Class 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence Quiz 2Class 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence Quiz 3Class 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence Quiz 4Class 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence Quiz 6Class 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence Quiz 7Class 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence Quiz 8Class 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence Quiz 9Class 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence Quiz 10Class 11 Economics (Indian Economic Development) Chapter 1 Indian Economy On The Eve Of Independence Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books