This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) – Quiz 23 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 23 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Interim budget is also known as. A) Mini budget. B) Vote on Account. C) Mini budget and Vote on Account. D) None of the above. Show Answer Correct Answer: C) Mini budget and Vote on Account. 2. What are the objectives of mixed economy? A) Profit maximization. B) Social welfare. C) Wealth maximization. D) Both A & B. Show Answer Correct Answer: D) Both A & B. 3. Which among the following is not a benefit of Green Revolution? A) Increase in marketed surplus. B) Buffer stock. C) High cost. D) Self-reliance. Show Answer Correct Answer: C) High cost. 4. Who is considered to be the architect of indian planning? A) William Digby. B) P.C. Mahalanobis. C) Dada bhai Naroji. D) R.C.Desai. Show Answer Correct Answer: B) P.C. Mahalanobis. 5. Which of the following comes under the tertiary sector? A) Transport. B) Communication. C) Both (a) & (b). D) None of the above. Show Answer Correct Answer: C) Both (a) & (b). 6. The ..... covers activities in which natural products are changed into other forms through ways of manufacturing that we associate with industrial activity. A) Secondary sector. B) Tertiary sector. C) Primary sector. D) None of the above. Show Answer Correct Answer: A) Secondary sector. 7. Assertion:-India was considered as an agrarian economy on the eve of independence.Reason:Around 30% people were depending on agriculture. A) Both assertion and reason are true, and the reason is the correct explanation for the assertion. B) Assertion is false, but the reason is true. C) Assertion is true, but the reason is false. D) Both assertion and reason are false. Show Answer Correct Answer: C) Assertion is true, but the reason is false. 8. Call centre employee is an employee of A) Tertiary Sector. B) Private Sector. C) Primary Sector. D) Secodary sector. Show Answer Correct Answer: A) Tertiary Sector. 9. Who started the Mahalwari system? A) William Bentinck. B) L. Cornwallis. C) Sir John Shore. D) None of the above. Show Answer Correct Answer: A) William Bentinck. 10. Which of the following years marks the end of planning period in India? A) 2012. B) 2013. C) 2014. D) 2015. Show Answer Correct Answer: D) 2015. 11. Which of the following is a barrier on international trade? A) Tax on import. B) Tax on local trade. C) Quality control tax. D) Sales tax. Show Answer Correct Answer: A) Tax on import. 12. The maximum size of land an individual could have is known as A) Consolidation of land holdings. B) Abolition of intermediaries. C) Land ceiling. D) None of the above. Show Answer Correct Answer: C) Land ceiling. 13. What is the term used to describe the sector that includes transport and communication services? A) Transport sector. B) Communication sector. C) Service sector. D) None of the above. Show Answer Correct Answer: C) Service sector. 14. Which of the following is not a characteristic of Indian agriculture: A) Dependence on monsoon. B) Labour intensive cultivation. C) Highly mechanised farming with sophisticated technology. D) Small size of land holdings. Show Answer Correct Answer: C) Highly mechanised farming with sophisticated technology. 15. MGNREGA 2005 has been implemented in ..... districts of India A) 666. B) 625. C) 630. D) 509. Show Answer Correct Answer: B) 625. 16. Which sector is the largest employer A) Secondary sector. B) Private sector. C) Primary sector. D) Tertiary sector. Show Answer Correct Answer: C) Primary sector. 17. Who is the current President of the World Bank Group? A) David Malpass. B) Robert Zoellick. C) Christine Lagarde. D) Jim Yong Kim. Show Answer Correct Answer: A) David Malpass. 18. Planning Commission was set up in ..... A) 1948. B) 1950. C) 1951. D) 1952. Show Answer Correct Answer: B) 1950. 19. Which of the following is true with the reference to unorganised sector?(i) It covers small and scattered units which arelargely outside the control of the government.(ii) There are rules and regulations but these are not followed.(iii) Workers are ill paid.(iv) There is no provision for over time, paid leavesholidays, etc.a.c.b. d. A) (i) and (ii). B) (iii) and (iv). C) (ii) and (iii). D) All of these. Show Answer Correct Answer: D) All of these. 20. Activities in private sector have a motive of ..... A) Service to citizens. B) Competition. C) Earning profits. D) Exploiting Labourers. Show Answer Correct Answer: C) Earning profits. 21. In developed countries, the ..... sector has become the most important in terms of total production. A) Primary. B) Tertiary. C) Secondary. D) None of the above. Show Answer Correct Answer: B) Tertiary. 22. Investment limit for small scale industries is: A) 1 crore. B) 2 crore. C) 3 crore. D) 5 crore. Show Answer Correct Answer: D) 5 crore. 23. Reforms were introduced during A) 1991. B) 1992. C) 1993. D) 1994. Show Answer Correct Answer: A) 1991. 24. The 'Mahalanobis Model' formed the basis of which Five-Year Plan in India? A) First Five-Year Plan. B) Second Five-Year Plan. C) Third Five-Year Plan. D) Fourth Five-Year Plan. Show Answer Correct Answer: B) Second Five-Year Plan. 25. Name one functioning activity of the Tertiary sector? A) This sector gradually became associated with the different kinds of industries. B) Goods that are produced would need to be transported by trucks or trains and then sold in wholesale and retail shops. C) Activities in which natural products are changed into other forms through ways of manufacturing. D) None of the above. Show Answer Correct Answer: B) Goods that are produced would need to be transported by trucks or trains and then sold in wholesale and retail shops. ← 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