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INDIAN ECONOMY ON THE EVE OF INDEPENDENCE

Total questions: 50

Worksheet time: 27mins

Name
Class
Date
1.

Which of the following is not a goal of five year plan?

a)

Growth

b)

Equality

c)

Land reforms

d)

Modernisation

2.

Which of the following explains the term economic growth?

a)

Increase in per capita production

b)

Increase in per capita real income

c)

Structural change in the economy

d)

All of the above

3.

Which of the following organisation looks after the credit needs of agriculture and rural development in India.

a)

FCI

b)

IDBI

c)

NABARD

d)

ICAR

4.

GATT stands for

a)

Genral Agreement on Trade and Tariff

b)

Government Association for Trade and Tariff

c)

General Agreement on terms of Trade

d)

Government Agreement on terms of Trade

5.

When was Navratna Policy announced

a)

1992

b)

1991

c)

1995

d)

1996

6.

What was the immediate crisis India faced in the beginning of the 1990s

a)

Inflation

b)

Debt Trap

c)

Foreign exchange crisis

d)

All of the above

7.

How many industries are reserved for public sector at present

a)

4

b)

17

c)

6

d)

3

8.

Mahalanobis Modal was started in ____________ Five year plan.

a)

First

b)

Second

c)

Tenth

d)

Eleventh

9.

At the time of independence of our country in which industries did we excel?

a)

Handicrafts

b)

Precious stone work

c)

Cotton

d)

All of the above

10.

When was TISCO incorporated?

a)

1909

b)

1908

c)

1907

d)

1906

11.

In which year was the first official census conducted?

a)

1881

b)

1882

c)

1883

d)

1884

12.

During the time of Indian independence what was the literacy rate?

a)

less than 15%

b)

less than 16%

c)

less than 18%

d)

less than 12%

13.

During the time of Indian independence what was IMR?

a)

216

b)

218

c)

220

d)

214

14.

When was railways introduced in India?

a)

1856

b)

1850

c)

1851

d)

1848

15.

Which is regarded as the defining year to mark the demographic transition from its first to second decisive stage?

a)

1922

b)

1925

c)

1926

d)

1921

16.

Were there any positive contributions made by the British in India?

a)

Introduction to railways

b)

Commercialization of agriculture

c)

Promoted western culture

d)

All of the above

17.

Decline of handicrafts industries led to:

a)

Export of finished goods

b)

Massive unemployment

c)

Both (a) and (b)

d)

None of the above

18.

Occupational Structure refers to:

a)

Nature of workforce

b)

Size of workforce

c)

Number of people living in a country

d)

Distribution of workforce among different occupations.

19.

The foundation of british empire in India was laid by Battle of Plassey fought in _____

a)

1775

b)

1857

c)

1756

d)

1757

20.

The rate of growth of real output during the first half of the 20th century in our country was ____________.

a)

Less than 1%

b)

Less than 2%

c)

Less than 3%

d)

Both (a) and (b)

21.

What was the percentage of people living in village and deriving their livelihood from agriculture during British period in India?

a)

72%

b)

88%

c)

79%

d)

25%

22.

When was the first postage stamp released in India?

a)

1830

b)

1840

c)

1847

d)

1852

23.

Introduction of ___________ tariff policy by the Britishers led to the decay of Indian handicraft industries.

a)

Zamindari

b)

Modernization

c)

Discriminatory

d)

None of these

24.

Distribution of working population among different sectors of the economy is called:

a)

occupational structure

b)

output structure

c)

population structure

d)

gender structure.

25.

Which famous economist gave significant data for National Income and Per Capita Income in 1931-32

a)

Findlay Shirras

b)

VKRV Rao

c)

RC Desai

d)

William Digby

26.

What was the Discriminatory tariff policy?

a)

tariff free export of finished goods from India and tariff free import of raw material from Britain

b)

tariff free export of raw material from India and tariff free import of finished goods from Britain

c)

Both option (A) and (B)

d)

None of these

27.

What do you understand by 'India's drain of wealth'?

a)

India creates more wealth by selling handicrafts

b)

Indians waste wealth on purchase of foreign goods

c)

Trade surplus was used for Britain's expenses

d)

None of the above

28.

First population census of India was conducted in

a)

1921

b)

1901

c)

1907

d)

1881

29.

Why were roads constructed by the Britishers?

a)

to develop Indian villages

b)

to send raw material from countryside to nearest railway station or port

c)

to help Indian workers

d)

None of the above

30.

How railways affected the structure of Indian economy during British period?

a)

it gave opportunity to Indian people to get freedom from British rule

b)

it helped Indian farmers

c)

fostered commercialisation of Indian agriculture which affected self sufficiency of villages

d)

None of the above

31.

Which of the following infrastructure was not developed by Britishers in India

a)

Railways

b)

Postal service

c)

Electric telegraph

d)

Permanent irrigation system

32.

Which industry received major setback during colonial rule?

a)

cement

b)

paper

c)

handicraft

d)

iron and steel

33.

Decline of handicraft industry led to:

a)

Massive unemployment

b)

Import of finished goods

c)

Both of the above

d)

None of the above

34.

Export surplus during the British rule was used for:

a)

To make payments for expenses incurred by offices set up by the colonial government

b)

To meet expenses on war fought by the British government

c)

To import invisible items

d)

All of the above

35.

The most important reason for stagnation in agricultural sector during the British rule was:

a)

Commercialisation of Agriculture

b)

Low level of productivity

c)

Land settlement system

d)

Scarcity of investment

36.

Which Indian industry received a setback due to country's partition?

a)

Cotton textile

b)

Jute goods

c)

Silk textile

d)

None of the above

37.

The first aviation industry in colonial India was set up in:

a)

1930

b)

1931

c)

1932

d)

1933

38.

GATT stands for

a)

Genral Agreement on Trade and Tariff

b)

Government Association for Trade and Tariff

c)

General Agreement on terms of Trade

d)

Government Agreement on terms of Trade

39.

When was Navratna Policy announced

a)

1992

b)

1991

c)

1995

d)

1996

40.

What was the immediate crisis India faced in the beginning of the 1990s

a)

Inflation

b)

Debt Trap

c)

Foreign exchange crisis

d)

All of the above

41.

Mahalanobis Modal was started in ____________ Five year plan.

a)

First

b)

Second

c)

Tenth

d)

Eleventh

42.
Land ceiling refers to--
a)
fixing rural land holding at the existing level
b)
fixing qantum of land held by an individual
c)
fixing urban land holding at the existing level
d)
fixing land area for irrigation purpose
43.
which of the following industry was not reserved for the government in industrial policy resolution 1956?
a)
Iron and steel
b)
Transport
c)
Atomic energy
d)
Railways transport
44.
Suez canal was opened for transport in---------
a)
1850
b)
1853
c)
1869
d)
1901
45.

Which of the following organisation looks after the credit needs of agriculture and rural development in India.

a)

FCI

b)

IDBI

c)

NABARD

d)

ICAR

46.

Occupational Structure refers to:

a)

Nature of workforce

b)

Size of workforce

c)

Number of people living in a country

d)

Distribution of workforce among different occupations.

47.

When was NITI AYOG formed

a)

2019

b)

2018

c)

2017

d)

2016

e)

2015

48.

When was planning commission set up

a)

1850

b)

1950

c)

1990

d)

1960

e)

198o

49.

Mortality rate is one of the indicators of _____ of an economy

a)

Occupational structure

b)

Unemployment

c)

Foreign trade

d)

Demographic profile

e)

All of these

50.

Who is the ex -officio chairperson of NITI ayog

a)

President

b)

Finiance minister

c)

Prime minister

d)

Both a & b

e)

None of these

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