WorksheetsIndian Economy (1950-1990)
Total questions: 30
Worksheet time: 9mins
___________ refers to an arrangement by which central problems of an economy are solved.
Economic System
Mixed Economy
Modernisation
Socialist economy
(a) implies use of advanced technology .
The central problems of an economy are :
What to produce
how to produce
For whom to produce
All of these
When was the planning commission set up ?
(a) 1949
(b) 1950
(c) 1956
(d) 1850
In 1955 , karve committee was constituted for aiming the (a)
Long term Goals of five year planning are :
Growth
Equity
Land Reforms
Modernisation
'Abolition of Intermediaries ' and 'Land Ceiling" are part of :
(a) Industrial reforms in India
(b) External sector reforms in India
(c) Land reforms in India
(d) Banking Reforms in India
Schedule _________ comprise of industries which would be exclusively owned by the state :
A
B
C
None
What is the year of India’s 12th 5-year plan?
2012 – 2017
2007-2017
1951-1056
2002-2007
The portion of agricultural produce which is sold in the market by the farmers is known as,
Trade deficit
Marketed surplus
Subsidy
Import substitution
Who presented the 1st 5-year plan of the country?
Pandit Jawaharlal Nehru
B R Ambedkar
Sardar Ballav Bhai Patel
Mahatma Gandhi
Who is the chairman of the planning commission in India?
prime minister
president
chief minister
governor
Inward looking trade strategy is also known as policy of……….
import relaxation
import substitution
import promotion
none of these
The economic justification of subsidies in agriculture is, at present, a hotly debated question. Consider the following statements related to this.
1. A substantial amount of fertiliser subsidy also benefits the fertiliser industry, not only farmers.
2. The subsidy largely benefits the farmers in the more prosperous regions.
3. Most farmers in India are very poor and they will not be able to afford the required inputs without subsidies.
Select the correct statements using codes below
1 and 2
1 and 3
2 and 3
all of these
What were the focus points of 2nd five-year plan?
Agriculture
Industry
service
none of these
The planning commission was set up in which year in India?
5th March 1951
25th April 1951
20th April 1951
15th March 1950
Match the following:
1. Marketed surplus A. Large increase in production of food grains resulting from the use of high yielding variety seeds especially for wheat and rice.
2. Green Revolution B. Portion of agricultural produce which is sold in the market by the farmers.
3. HYV Seeds C. Seeds that give large proportion of output
4. Land Reforms D. Improvements in the field of agriculture to increase its productivity
Which of the above are not matched correctly?
1 and 2
1,2 and 4
2 and 4
3 and 4
Who is the father of Green Revolution?
Dr Norman Borlau
Dr M.S.Swaminathan
Dr A.P,J Abdul Kalam
Mrs Indira Gandhi
Who is the Architect of Indian Planning?
Prasanta Chandra Mahalanobis,
V K V RAO
Dr B R Ambedkar
Mahamta Gandhi
What was the share of Service Sector to GDP, in India on 1950-51 and 1990-91?
50%
28 %
40%
80%
When did Industrial policy resolution take place in India?
1957
1948
1954
1956
(a) refers to fixing the maximum limit on the imports of a commodity by a domestic producer.
In 1950, a small-scale industrial unit was one which invested a maximum of (a) lakh, while at present the maximum investment allowed is one crore.
Land reforms were successful in the following because these states had government committed to the policy of 'land to the tiller'
a) kerala
b) west bengal
c) karnataka
d) both a and b
e) both b and c
Which of the following is not included in land reforms?
land ceiling
abolition of intermediaries
consolidation of land holdings
use of HYV seeds
The first phase of green revolution spanned approximately between
mid 1950s upto mid 1960s
mid 1960s upto mid 1970s
1980s
1960 - 1970
Due to abolition of intermediaries some (a) lakh tenants came into direct contact with the government
NITI Aayog was formed on?
1 January 2014
1 January 2015
1 July 2015
1 July 2014
Full form of NITI Aayog is (a)
(a) refers to taxes levied on imported goods.
