This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) – Quiz 20 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 20 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In the years ..... tertiary sector replaced the primary sector as the largest ..... sector in India. A) 2012-13; Employing. B) 2013-14; Employing. C) 1973-74; Producing. D) 2013-14; Producing. Show Answer Correct Answer: D) 2013-14; Producing. 2. Which of the following is not true for small scale industries A) SSI shows locational flexibility. B) SSI is labour-intensive. C) Small scale industries promote equity. D) Small scale industries is capital intensive. Show Answer Correct Answer: D) Small scale industries is capital intensive. 3. WHY I THE SECONDARY SECTOR LATER BECOME THE MOST IMPORTANT SECTOR? A) PEOPLE BEGAN TO USE MANY MORE GOODS THAT WERE PRODUCE IN FACTORIES AT CHEAP RATES. B) EMPLOYMENT INCREASED. C) AGRICULTURE DECLINED. D) A & B. Show Answer Correct Answer: D) A & B. 4. NITI Aayog was formed on? A) 1 January 2014. B) 1 January 2015. C) 1 July 2015. D) 1 July 2014. Show Answer Correct Answer: B) 1 January 2015. 5. IPR 1956 refers to A) Second Industrial Policy Resolution. B) Fourth Industrial Policy Resolution. C) Third Industrial Policy Resolution. D) First Industrial Policy Resolution. Show Answer Correct Answer: A) Second Industrial Policy Resolution. 6. When and where did the 'Green Revolution' start? A) 1950, Mexico. B) 1980, Egypt. C) 1990, India. D) 2000, Philippines. Show Answer Correct Answer: A) 1950, Mexico. 7. Planning in India started with a heavy reliance on the ..... sector. A) Public. B) Private. C) Both a and b. D) None of the above. Show Answer Correct Answer: A) Public. 8. In a developing country the government has to take responsibility for provision of ..... A) Basic Services. B) Secondary Services. C) IT Services. D) Services. Show Answer Correct Answer: A) Basic Services. 9. Which sector faced a major downfall during the reforms? A) Industrial. B) Agriculture. C) Service. D) None of the above. Show Answer Correct Answer: B) Agriculture. 10. The National Rural Employment Guarantee Act was passed by the Government of India in ..... A) 2005. B) 2010. C) 2004. D) 2014. Show Answer Correct Answer: A) 2005. 11. The nature of unemployment seen in agriculture is A) Cyclical unemployment. B) Educational unemployment. C) Disguised unemployment. D) Voluntary unemployment. Show Answer Correct Answer: C) Disguised unemployment. 12. Name the sector which continues to be the largest employer even in the year 2000. A) Primary. B) Secondary. C) Tertiary. D) Public. Show Answer Correct Answer: A) Primary. 13. Large increase in production of food grains resulting from the use of HYV seeds is called ..... A) 2 years. B) 3 years. C) 5 years. D) 6 years. Show Answer Correct Answer: C) 5 years. 14. Waterways in India have the potential to significantly contribute to the country's Agriculture sector. A) False. B) True. C) All the above. D) None of the above. Show Answer Correct Answer: A) False. 15. The portion of agricultural produce that is sold in the market by farmers is known as ..... A) Trade deficit. B) Marketed surplus. C) Subsidy. D) Import substitution. Show Answer Correct Answer: B) Marketed surplus. 16. Assertion:Food inflation impacts the urban poor the most.Reason:Urban poor spend a larger share on food. A) Both A and R are true, and R is the correct explanation. B) Both A and R are true, but R is not the correct explanation. C) A is true, R is false. D) Both A and R are false. Show Answer Correct Answer: A) Both A and R are true, and R is the correct explanation. 17. When was GST implemented? A) 2015. B) 2017. C) 2018. D) 2014. Show Answer Correct Answer: B) 2017. 18. What was one of the steps taken by the government to promote small-scale industries (SSIs)? A) Increasing import tariffs. B) Reserving production of certain products for SSIs. C) Reducing bank interest rates for all industries. D) Providing free raw materials. Show Answer Correct Answer: B) Reserving production of certain products for SSIs. 19. One of the common goals of five year plans is 'growth'. What does the growth imply? A) A large stock of productive capital. B) A large size of supporting services like transport and banking. C) An Increase in the efficiency of productive capital and services. D) All of the above. Show Answer Correct Answer: D) All of the above. 20. Special economic zones are being set up to attract A) Foreign tourists. B) Foreign investment. C) Foreign goods and services. D) Foreign policies. Show Answer Correct Answer: B) Foreign investment. 21. Who was the ex-officio chairman of the planning commission? A) President. B) Vice-President. C) Prime Minister. D) Governor. Show Answer Correct Answer: C) Prime Minister. 22. The Village and Small-Scale Industries committee also called the Karve committee was constituted for the development of small-scale industries in ..... A) 1950. B) 1954. C) 1955. D) 1956. Show Answer Correct Answer: C) 1955. 23. Who gives the final approval to the five-year plans of India? A) Ministry of Finance. B) President of India. C) National Development Council (NDC). D) Planning Commission (now NITI Aayog). Show Answer Correct Answer: C) National Development Council (NDC). 24. Poultry is concerned with A) Primary sector. B) Secondary Sector. C) Tertiary Sector. D) Organised Sector. Show Answer Correct Answer: A) Primary sector. 25. Privatization is associated with: A) Increasing public ownership. B) Reducing fiscal burden. C) Nationalization. D) License Raj. Show Answer Correct Answer: B) Reducing fiscal burden. ← 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