This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 7 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. If new computers are being installed in a company and some employees are fired from the job due to lack of computer knowledge then what kind of unemployment would it be called? A) Disguised Unemployment. B) Structural unemployment. C) Hidden unemployment. D) Frictional unemployment. Show Answer Correct Answer: B) Structural unemployment. 2. Which is the characteristics of an underdeveloped economy? A) General poverty. B) Significance of industrial sector. C) Low growth of population. D) Use of higher production techniques and skills. Show Answer Correct Answer: A) General poverty. 3. According to planning commission, if tourism as a sector is improved, every year we can give additional employment to people more than A) 35 lakhs. B) 40 lakhs. C) 45 lakhs. D) 50 lakhs. Show Answer Correct Answer: A) 35 lakhs. 4. What is the growth rate percapita income on the eve of Independence? A) 4%. B) 1/2 %. C) 2.5%. D) None of the above. Show Answer Correct Answer: B) 1/2 %. 5. How should the policies of the private sector be in relation to the public sector? A) Opposed. B) Complementary. C) Independent. D) Competitive. Show Answer Correct Answer: B) Complementary. 6. What was the aim of forming Karve Committee in 1955? A) To improve technology. B) To develop large scale industries. C) To develop small scale industries. D) None of the above. Show Answer Correct Answer: C) To develop small scale industries. 7. Which sector covers activities related to manufacturing natural products into other forms associated with industrial activity? A) Secondary sector. B) Tertiary sector. C) Primary sector. D) None of the above. Show Answer Correct Answer: A) Secondary sector. 8. A technique of sending, getting and collecting information in which computer, database and modem are used. A) Modern Technology. B) Hightech Technology. C) Information Technology. D) Advanced Technology. Show Answer Correct Answer: C) Information Technology. 9. What is the secondary sector? A) Production of a good by exploiting natural resources. B) Activities, by themselves, do not produce a good but they are an aid or support for the production process. C) Activities in which natural products are changed into other forms through ways of manufacturing. D) None of the above. Show Answer Correct Answer: C) Activities in which natural products are changed into other forms through ways of manufacturing. 10. Price support policy means A) Maximum price of produced goods. B) Subsidy to farmers. C) More price than industrial goods. D) Minimum price fixed by the government for the farmers. Show Answer Correct Answer: D) Minimum price fixed by the government for the farmers. 11. A good indicator of growth is steady increase in the: A) Gross Domestic Product. B) Net Domestic Product. C) Population. D) National Income. Show Answer Correct Answer: A) Gross Domestic Product. 12. The characteristics of agricultural products and production are: A) Perishability of products. B) Seasonality of production. C) Huge volume/ bulkiness of products. D) All of these. Show Answer Correct Answer: D) All of these. 13. What were the focus points of 2nd five-year plan? A) Agriculture. B) Industry. C) Service. D) None of these. Show Answer Correct Answer: B) Industry. 14. Which of the following activities continued to prove to be the largest employer between 1973 to 2011? A) Mining. B) Fishing. C) Agriculture. D) Banking. Show Answer Correct Answer: C) Agriculture. 15. What was the % of India's population that was dependent on agriculture during agriculture? A) 85. B) 65. C) 55. D) 75. Show Answer Correct Answer: D) 75. 16. When was the 'Village and Small-scale Industries Committee' set up? A) 1955. B) 1958. C) 1949. D) 1950. Show Answer Correct Answer: A) 1955. 17. When was Make in India programme launched? A) September 25, 2014. B) October 2, 2015. C) October 11, 2016. D) July 15, 2015. Show Answer Correct Answer: A) September 25, 2014. 18. In which year did the government decided to remove the barriers on foreign trade and investment in India? A) 1994. B) 1889. C) 1991. D) 1997. Show Answer Correct Answer: C) 1991. 19. What is the base year for calculating India's GDP? A) 2004-05. B) 2010-11. C) 2011-12. D) 2014-15. Show Answer Correct Answer: C) 2011-12. 20. Which of the following is not included in land reforms? A) Use of high yielding variety of seeds. B) Abolition of intermediaries. C) The change in ownership of landholdings. D) Land ceiling. Show Answer Correct Answer: A) Use of high yielding variety of seeds. 21. NABARD is ..... A) Bank for Rural and Agriculture development. B) Private Bank. C) Public Sector commercial bank. D) Foreign Bank. E) Bank for Industrial Development. Show Answer Correct Answer: A) Bank for Rural and Agriculture development. 22. In which years did the second phase of the Industrial Revolution start in India? A) 1965-1980. B) 1981-1991. C) 1951-1965. D) 1991 onwards. Show Answer Correct Answer: A) 1965-1980. 23. Which of the following statement is correct about the NITI Aayog? A) NITI Aayog was Formed 25 January 2016. B) NITI Aayog comes under the Ministry of Commerce and Industry. C) The full form of NITI Aayog is National institute for Transforming India. D) The NITI Aayog is a policy think tank of the Government of India. Show Answer Correct Answer: D) The NITI Aayog is a policy think tank of the Government of India. 24. Which economic system is most economies classified as? A) Capitalist Economies. B) Socialist Economies. C) Mixed Economies. D) Traditional Economies. Show Answer Correct Answer: C) Mixed Economies. 25. The portion of ..... produce which is sold in the market by the farmers is called marketed surplus.a. b. c. d. A) Forestry. B) Irrigation. C) Agricultural. D) Livestock. Show Answer Correct Answer: C) Agricultural. ← 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 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 10Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books