This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) – Quiz 19 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 19 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which among the following most appropriately describes underemployment? A) Workers are not paid as per their work. B) Workers are working less than what they are capable of doing. C) Workers are not skilled. D) Workers are not willing to work. Show Answer Correct Answer: B) Workers are working less than what they are capable of doing. 2. India is a developed country? A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 3. NO.7 THE NEW AGRICULTURE STRATEGY WAS ADOPTED IN INDIA DURING THE A) 3 PLAN. B) 4 PLAN. C) 2 PLAN. D) 5 PLAN. Show Answer Correct Answer: A) 3 PLAN. 4. What is the primary function of the Industrial Reconstruction Bank of India (IRBI)? A) Offering educational scholarships to students. B) Providing healthcare services to rural communities. C) Provide financial assistance for the reconstruction and rehabilitation of industrial units. D) Supporting environmental conservation projects. Show Answer Correct Answer: C) Provide financial assistance for the reconstruction and rehabilitation of industrial units. 5. What is the maximum age for being eligible as a child under The Child Labour (Prohibition and Regulation) Act, 1986? A) 18 years. B) 16 years. C) 14 years. D) 12 years. Show Answer Correct Answer: C) 14 years. 6. Workers in ..... sector are under-employed. A) IT. B) Agricultural. C) Manufacturing. D) None of the above. Show Answer Correct Answer: B) Agricultural. 7. THE ECONOMY IS CLASSIFIED INTO PUBLIC AN PRIVATE SECTORS ON THE BASIS OF: A) EMPLOYMENT CONDITIONS. B) THE NATURE OF ECONOMIC ACTIVITY. C) OWNERSHIP OF ENTERPRISES. D) THE NO. OF WORKERS EMPLOYED IN THE ENTERPRISE. Show Answer Correct Answer: C) OWNERSHIP OF ENTERPRISES. 8. Two or more villages combined to pay land revenue. A) Ryots. B) Zamins. C) Mahals. D) Diwanis. Show Answer Correct Answer: C) Mahals. 9. The Union Budget 2020-21 aims:I. To achieve seamless delivery through digital governance. II. To improve the physical quality of life through national infrastructure pipeline A) Only I. B) Only I, II. C) Only II. D) Neither I nor II. Show Answer Correct Answer: B) Only I, II. 10. Ananya, Kavya, Tara, and Ravi are discussing different sectors of the economy. Agriculture, dairy, fishing, and forestry are examples of ..... A) Tertiary Sector. B) Secondary Sector. C) Primary Sector. D) None of the above. Show Answer Correct Answer: C) Primary Sector. 11. The sectors are classified into primary, secondary and tertiary sector on the basis of: A) Ownership basis. B) Nature of activity basis. C) No of workers. D) Employment basis. Show Answer Correct Answer: B) Nature of activity basis. 12. Protection of domestic Industries took the form of A) Quota. B) Tariff. C) Both a and b. D) None of the above. Show Answer Correct Answer: C) Both a and b. 13. What was one of the problems in the industrial sector during 1950-90? A) Surplus of capital goods industries. B) Regional imbalance in industrial growth. C) Excessive entrepreneurship. D) Unlimited role of public sector. Show Answer Correct Answer: B) Regional imbalance in industrial growth. 14. What is the investment limit for small scale industries at present A) 1 crore. B) 3 Crore. C) 5 crores. D) 10 crore. Show Answer Correct Answer: C) 5 crores. 15. Eliminating subsidies will eliminate the goal or equity A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 16. Primary sector is also known as A) Agricultural sector. B) Industrial sector. C) Service sector. D) Commercial sector. Show Answer Correct Answer: A) Agricultural sector. 17. Which activities come under the agriculture and related sectors? A) Dairy. B) Mineral excavation. C) Using cotton fiber from the plant. D) Selling agricultural products in the market. Show Answer Correct Answer: A) Dairy. 18. In 1955, the Karve Committee was constituted. What was the aim of Karve Committee? A) Development of public sector industries. B) Development of large scale industries. C) Development of small scale industries. D) Development of private sector industries. Show Answer Correct Answer: C) Development of small scale industries. 19. Which of the following is the apex institution which handles refinance for agriculture and rural development in India? A) RBI. B) SIDBI. C) NABARD. D) SEBI. Show Answer Correct Answer: C) NABARD. 20. Which state has highest population in India 2019? A) Delhi. B) Maharashtra. C) Uttar pradesh. D) Rajasthan. Show Answer Correct Answer: C) Uttar pradesh. 21. Tertiary sector has become an immportant part of Indian Economy on account of A) Development of agriculture and industry. B) Rise in levels off income. C) Both (a) and (b). D) None of the above. Show Answer Correct Answer: C) Both (a) and (b). 22. THE NUMBER OF DAYS OF EMPLOYMENT GUARANTEE BY GOVERNMENT AS PER NREGA 2005 IS A) 100 DAYS. B) 80 DAYS. C) 120 DAYS. D) 150 DAYS. Show Answer Correct Answer: A) 100 DAYS. 23. What is the main challenge mentioned in achieving the goals of the Five-Year Plans? A) Lack of resources. B) Conflicting goals. C) Political instability. D) Economic recession. Show Answer Correct Answer: B) Conflicting goals. 24. NO.9 IN WHICH YEAR INDIA ADOPTED HYVP A) 1966. B) 1963. C) 1964. D) 1965. Show Answer Correct Answer: A) 1966. 25. What is the duration of plan period in India? A) 10. B) 2. C) 3. D) 5. Show Answer Correct Answer: D) 5. ← 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