Economic Aspects of Modernisation in China

Which of the following was not regarded as the Four Great Families in the Nanjing period?

• Jiang/ Zhang

• Chen/ Chan

• Yiu/ Yao

• Song/ Zong

Which year did the Nanjing government issue banknotes to replace silver dollars?

• 1933

• 1935

• 1936

• 1928

Which of the following national banks was established in 1928 to stabilize the national currency?

• Central Bank of China

• Bank of Communications

• Farmers Bank of China

• Bank of China

What act was introduced in 1927 to protect tenants during Nanjing period?

• Co-operation Law

• Agricultural Law

• Land Law

• Tenants Protection Act

Which of the following was cancelled by the Nanjing government to promote internal trade in China?

• Tariffs

• Likin

• Taxation

• Constitution

Which ministry exerted direct control over the tax revenue?

• Ministry of Finance

• Ministry of Railway

• Ministry of Bank

• Ministry of Army

What was the average annual growth rate of industries in China from 1927-1936?

• 2.9%

• 5.3%

• 8.4%

• 15.6%

What was used to replace tael in China in 1933?

• Banknotes

• Silver Dollars

• Nickel coins

• US dollars

What was the financial centre for the East Asian region during the Nanjing decade?

• Beijing

• Hong Kong

• Shanghai

• Nanjing

Which of the following was not developed by the Nanjing government?

• Aviation

• Railway construction

• Constructing communication network

• Spaceship