DEVELOPMENT EXPERIENCE (1947-90) AND ECONOMIC REFORMS SINCE 1991

Which of the following is not characteristic of the Indian economy during British rule?

• (a) Predominance of agriculture

• (b) Well developed modern industries

• (c) High level of poverty and unemployment

• (d) Thriving indigenous trade and industries

Identify the effects of colonial exploitation on the Indian economy.

• (a) Inflow of wealth from Britain

• (b) Modernization of agriculture

• (c) Decline of handicraft industries

• (d) Growth of a strong industrial base

The British colonial government focused on developing heavy industries in India during their rule.

• True

• False

Choose the correct option based on the following statements:

Statement-1 The primary objective of British policies in India was to benefit Indian citizens.

Statement-2 Indian economy was largely rural and underdeveloped during British rule.

• a) Both statements are correct.

• b) Both statements are wrong

• c) Statement-1 is true but statement -2 is false

• d) Statement -1 is false but statement-2 is true.

Fill in the Blank:

The ___________ Act of 1858 marked the direct rule of the British Crown in India.

• Government of India

• Government of Britain

Choose the correct option on the basis of the following Assertion and Reason:

Assertion (A): Indian agriculture remained stagnant and backward during British rule.

Reason (R): The British introduced a modern irrigation system to improve agricultural productivity.

• (a) Both A and R are true, and R is the correct explanation of A.

• (b) Both A and R are true, but R is not the correct explanation of A.

• © A is true, but R is false.

• (d) A is false, but R is true.

The main objective of India's foreign trade policy during1950-1990 was:

• a) Import substitution

• b) Export promotion

• c) Balanced trade

• d) Trade liberalization

What was the main objective of the First Five-Year Plan (1951-1956)?

• a) Industrial development

• b) Agricultural development

• c) Infrastructure development

• d) Social development

Which sector was given the highest priority in the Second Five-Year Plan (1956-1961)?

• a) Agriculture

• b) Heavy industries

• c) Services

• d) Transport

According to the Industrial Policy Resolution (IPR) of 1956, which sector was reserved exclusively for the public sector?

• a) Heavy industries

• b) Consumer goods industries

• c) Agriculture

• d) Information technology