This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) – Quiz 18 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 18 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. 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. 2. NO.10 THERE WERE 29 INDUSTRIES UNDER PUBLIC SECTOR OUT OF WHICH HOW MANY INDUSTRIES WERE UNDER SCHEDULE A A) 5. B) 17. C) 10. D) 12. Show Answer Correct Answer: B) 17. 3. Which of the following institution was engaged in the formulation of five year plan in India? A) Finance ministry. B) Planning commission. C) National development council. D) Home ministry. Show Answer Correct Answer: B) Planning commission. 4. Economic activities are highly ..... A) Producing. B) Independent. C) Interdependent. D) Wasteful. Show Answer Correct Answer: C) Interdependent. 5. Who was the last deputy chairman of the Planning Commission? A) Dr. Manmohan Singh. B) Montek Singh Ahluwalia. C) C. Rangarajan. D) Shri Pranab Mukherjee. Show Answer Correct Answer: B) Montek Singh Ahluwalia. 6. Many organised sector enterprises are found in unorganized sector as to ..... A) Ensure to pay taxes. B) Do illegal activities. C) Pay additional taxes. D) Evade taxes. Show Answer Correct Answer: D) Evade taxes. 7. Iron and steel industry is considered to be a ..... industry. A) Small-scale. B) Basic. C) Agro-based. D) Knowledge. Show Answer Correct Answer: B) Basic. 8. The process of ..... is essential in the Secondary Sector. A) Manufacturing. B) Producing. C) Recycling. D) Exploitation. Show Answer Correct Answer: A) Manufacturing. 9. By what year is India's workforce projected to not exceed China's, despite a younger population? A) 2040. B) 2025. C) 2050. D) 2030. Show Answer Correct Answer: C) 2050. 10. ..... 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. 11. Who formulates five year plans in India? A) R.B.I. B) Planning Commission. C) Parliament. D) Supreme court. Show Answer Correct Answer: B) Planning Commission. 12. In which year First five year plan started in India? A) 1950. B) 1961. C) 1951. D) 1960. Show Answer Correct Answer: C) 1951. 13. Where is the headquarters of the SAARC? A) Manila. B) Kathmandu. C) New Delhi. D) Jakarta. Show Answer Correct Answer: B) Kathmandu. 14. 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. 15. 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. 16. 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. 17. What does 'Import Substitution' mean in the context of India's trade policy? A) Promoting exports over imports. B) Encouraging domestic production to replace imports. C) Reducing imports of oil. D) Replacing exports with imports. Show Answer Correct Answer: B) Encouraging domestic production to replace imports. 18. Death rate was ..... during British Period. A) 20. B) 40. C) 60. D) 80. Show Answer Correct Answer: B) 40. 19. 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. 20. What was a problem related to equity in the agriculture sector? A) Excessive equity. B) Neither growth nor equity. C) Surplus of equity. D) Excessive growth. Show Answer Correct Answer: B) Neither growth nor equity. 21. Under Import substitution trade policy: A) Instead of exporting vehicles made in india to foreign countries, industries would be encouraged to import them. B) Instead of importing vehicles made in a foreign country, industries would be encouraged to produce them in India itself. C) All the above. D) None of the above. Show Answer Correct Answer: B) Instead of importing vehicles made in a foreign country, industries would be encouraged to produce them in India itself. 22. Tertiary sector is called the service sector as A) It does not produce goods but provide services to all the sectors. B) It provides the interlink or inter connectivity between all the sectors. C) It provides the support that is needed by both secondary and primary sector to contribute to the GDP. D) All the above options are true to the given statement. Show Answer Correct Answer: D) All the above options are true to the given statement. 23. What is India's public expenditure on health care as a percentage of GDP? A) 2.5%. B) 3%. C) 1.3%. D) 0.8%. Show Answer Correct Answer: C) 1.3%. 24. Which state initiated the eradication of Zamindari system? A) Bihar. B) Bengal. C) Maharashtra. D) Uttar Pradesh. Show Answer Correct Answer: D) Uttar Pradesh. 25. Tariffs and quotas adopted under industrial policy was to ..... A) Increase export. B) Make exported goods cheaper. C) Increase foreign competition. D) Restrict imports and protect domestic firms from foreign competition. Show Answer Correct Answer: D) Restrict imports and protect domestic firms from foreign competition. ← PreviousNext →Related 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 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 9Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books