Indian Economy on the Eve of Independence

The opening of Suez canal served as a direct route for ships operating between:

• India and America

• India and Sri Lanka

• India and Pakistan

• India and Britain

Which year is described as a "Year of Great Divide"?

• 1931

• 1921

• 1941

• 1911

More than half of India's foreign trade during the British rule was restricted to:

• China

• Britain

• Korea

• Sri Lanka

The main reason for decline in handicraft industry during the colonial rule was:

• Lack of raw materials

• Lack of Skilled workers

• Discriminatory tariff policy

• None of the above

Which of the following industry was adversely affected by partition:

• Silk

• Jute

• Cotton

• Nylon

The most important infrastructure during the British Rule in India was:

• Airways

• Railways

• Waterways

• None of the above

The rate of growth of per capita output per year in India during the first half of the twentieth century was:

• 0.8

• 1.5

• 0.5

• 2.3

Decline of handicrafts industries led to:

• Export of finished goods

• Massive unemployment

• Both (a) and (b)

• None of the above

Occupational Structure refers to:

• Nature of workforce

• Size of workforce

• Number of people living in a country

• Distribution of workforce among different occupations.

When was the planning commission set up?

• 1949

• 1950

• 1951

• 1850