This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) – Quiz 9 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 9 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. When was the plan holiday declared? A) After the third plan. B) After the fourth plan. C) After the fifth plan. D) After the sixth plan. Show Answer Correct Answer: A) After the third plan. 2. The growth of an economy is measured by A) Financial measures. B) GDP. C) GNP. D) None of the above. Show Answer Correct Answer: B) GDP. 3. Which organisation conducts surveys on employment and unemployment in the country? A) NSSP. B) NSSO. C) BPO. D) GDP. Show Answer Correct Answer: B) NSSO. 4. Who of the following is the part of Governing Council of NITI Aayog? A) All Chief Ministers of the states. B) Chief Ministers of Delhi and Puducherry. C) Lieutenant Governor of Andaman & Nicobar Island. D) All of the above. Show Answer Correct Answer: A) All Chief Ministers of the states. 5. Industrial Development Bank of India (IDBI) was established in 1964 as a subsidiary of the World Bank. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 6. Service sector also includes some essential services that may not directly help in the production of goods. State whether true or false. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 7. Which of the following is not the function of the NITI Aayog? A) To evolve a shared vision of national development priorities sectors and strategies. B) To foster cooperative federalism. C) To give final approval to the Five Year Plans of India. D) To create a knowledge, innovation and entrepreneurial support system. Show Answer Correct Answer: C) To give final approval to the Five Year Plans of India. 8. Who is the current CEO of the NITI Aayog? A) Rajeev Kumar. B) Arvind Subramanyam. C) Amitabh Kant. D) Narendra Modi. Show Answer Correct Answer: C) Amitabh Kant. 9. Abolition of intermediateries and Land ceiling are part of A) Industrial reforms of India. B) External sector reforms in India. C) Land reforms in India. D) Banking reforms in India. Show Answer Correct Answer: C) Land reforms in India. 10. Primary sector is known as A) Agriculture sector. B) Service sector. C) Both a and b. D) None of the above. Show Answer Correct Answer: A) Agriculture sector. 11. ..... % of rural households in India come under small and marginal farmer category A) 77 %. B) 69 %. C) 80 %. D) 73 %. Show Answer Correct Answer: C) 80 %. 12. The private healthcare sector in India contributes to achieving universal health coverage and provides high-quality services. A) False. B) True. C) All the above. D) None of the above. Show Answer Correct Answer: B) True. 13. What is the full form of ASEAN? A) Association of South East Asian Nations. B) Administration of Southern East Asian Nations. C) Organisation of South East Asian Nations. D) Administration of South East Asian Nations. Show Answer Correct Answer: A) Association of South East Asian Nations. 14. How much could India's GDP increase by if it rebalanced its workforce, according to the IMF? A) 27%. B) 50%. C) 35%. D) 15%. Show Answer Correct Answer: A) 27%. 15. What is the primary decision-making factor in a capitalist economy? A) Government policies. B) Market demand. C) Social needs. D) Random selection. Show Answer Correct Answer: B) Market demand. 16. The unorganised sector is characterised by ..... A) Small and scattered units under the control of the government. B) Small and scattered units not under the control of the government. C) Large grouped units under the control of the government. D) None. Show Answer Correct Answer: B) Small and scattered units not under the control of the government. 17. ..... refer to taxes levied on imported goods. A) Quotas. B) Tariffs. C) Lagaan. D) None of these. Show Answer Correct Answer: B) Tariffs. 18. Which of the below is an example of unorganised sector? A) A teacher teaching in school. B) A headload worker carrying a bag of cement on his back in a market. C) A factory worker going to work in a big factory. D) None of the above. Show Answer Correct Answer: B) A headload worker carrying a bag of cement on his back in a market. 19. If auto workers lose their jobs as the industry becomes far more technically intensive and capital intensive, what form of unemployment occurs? A) Cyclical. B) Seasonal. C) Frictional. D) Structural. Show Answer Correct Answer: D) Structural. 20. What was the annual growth rate of the industrial sector during the first seven plans? A) 3%. B) 6%. C) 9%. D) 12%. Show Answer Correct Answer: B) 6%. 21. 2nd Five Year Plan started from A) 1951-1956. B) 1956-1961. C) 1969-1974. D) None of these. Show Answer Correct Answer: B) 1956-1961. 22. Which of the following is not not a source of Institutional agricultural credit A) NABARD. B) Co-operative banks. C) SBI. D) Money lenders. Show Answer Correct Answer: D) Money lenders. 23. Read the information given below and identify the correct option:Kamal works in rice mill. Jobs here are low paid and often not regular. There is no provision for overtime paid leave holidays, etc. Employment is not secure. People can be asked to leave without reason. A) Organised sector. B) Unorganised sector. C) Private sector. D) Joint sector. Show Answer Correct Answer: B) Unorganised sector. 24. When was NREGA implemented A) 2004. B) 2005. C) 2008. D) 2009. Show Answer Correct Answer: B) 2005. 25. Which of the following examples fall under an organised sector? A) A daily wage labourer working for a contractor. B) An engineer getting all employment benefits. C) A cleaning staff in a private school. D) A tailor stitching clothes at his home. Show Answer Correct Answer: B) An engineer getting all employment benefits. ← 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 10Class 11 Economics (Indian Economic Development) Chapter 2 Indian Economy (1950 1990) Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books