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1950-90

Total questions: 158

Worksheet time: 1hrs 19mins

Name
Class
Date
1.

The planning commission was setup in (a)  

2.

(a)   refers to fixing the specified limits of land, which could be owned by an individual.

3.

Land reforms were successful in the following because these states had government committed to the policy of 'land to the tiller'

a)

a) kerala

b)

b) west bengal

c)

c) karnataka

d)

d) both a and b

e)

e) both b and c

4.

Eliminating subsidies will eliminate the goal or equity

a)

true

b)

false

5.

Which of the following is not included in land reforms?

a)

land ceiling

b)

abolition of intermediaries

c)

consolidation of land holdings

d)

use of HYV seeds

6.

Land reforms primarily refer to:

a)

change in the ownership of landholdings

b)

abolition of intermediaries

c)

use of technology in agriculture

d)

fixing the maximum size of land which could be owned by individual

7.

The stagnation in agriculture sector was permanently broken by (a)  

8.

The first phase of green revolution spanned approximately between

a)

mid 1950s upto mid 1960s

b)

mid 1960s upto mid 1970s

c)

1980s

d)

1960 - 1970

9.

Due to abolition of intermediaries some (a)   lakh tenants came into direct contact with the government

10.

Following was not the risk associated with use of HYV seeds technology

a)

pest attack

b)

excess supply of food grain

c)

widening inequalities between rich and small farmers

d)

rich farmers reaping most of the benefits

11.

NITI Aayog was formed on?

a)

1 January 2014

b)

1 January 2015

c)

1 July 2015

d)

1 July 2014

12.

Full form of NITI Aayog is (a)  

13.

on the negative side some (a)   % of population was still employed in agriculture sector even as late as 1990

14.

Who is regarded as the architect of Indian Planning?

a)

Prasanta Chandra Mahalnobis

b)

V K R V Rao

c)

P S Mahalnobis

d)

Pt. Jawahar Lal Nehru

15.

Green Revolution resulting from:

a)

Traditional Irrigation facilities

b)

Use of manure

c)

HYV seeds

d)

None of these

16.

Schedule C industries development were left to:

a)

Public sector

b)

Private sector

c)

Both (a) and (b)

d)

None of these

17.

When was NITI Aayog established

a)

1951

b)

2011

c)

2015

d)

None of these

18.

Legally stipulated Maximum size beyond which no individual farmer can hold any land:

a)

Tenancy Reform

b)

Land consolidation

c)

Abolition of intermediaries

d)

Land Ceiling

19.

Which was the last Five years plan in India

a)

Eleventh plan

b)

Twelfth plan

c)

Thirteenth Plan

d)

Fourteenth Plan

20.

Which of the following is not a long period objective of planning in India?

a)

GDP growth

b)

Full employment

c)

Better quality of life

d)

Equitable distribution

21.

An economy in which means of production are used in a manner such that profit are maximised is called (a)  

22.

When was the planning Commission established?

a)

1947

b)

1948

c)

1950

d)

1951

23.

After which Five Year Plan, there were three annual Plan?

a)

Second Five Year Plan

b)

Third Five Year Plan

c)

Fourth Five Year Plan

d)

Fifth Five Year Plan

24.

Directive Planning is pursued under:-

a)

Capitalist Economy

b)

Socialist Economy

c)

Mixed Economy

d)

None of these

25.

Indian Economy adopts which type of Economic System?

a)

Capitalis

b)

Socialist

c)

Mixed

d)

All of these

26.

Who is the architect of Indian Planning

a)

Pt. Jawarlal Nehru

b)

P C Mahalnobis

c)

V K R V Rao

d)

R C Desai

27.

Which of the followings is not an objective of Five Year Plans of India?

a)

Growth

b)

Modernisation

c)

Industrial Revolution

d)

Self Reliance

28.

Adoption of new technogy is called ------

a)

Growth

b)

Modernisation

c)

Self Reliance

d)

Equity

29.

Fixing the maximum size of land that could be owned by an individual is called-----

a)

Land to Tillet

b)

Land Ceiling

c)

Land division

d)

Land Ownership

30.

At the time of independence what percentage of population of India were depend on agriculture?

a)

50

b)

60

c)

75

d)

85

31.

The portion of agricultural produce which is sold in the market by the farmers is called ---

a)

Price Floor

b)

Over Production

c)

Marketed Surplus

d)

Green Revolution

32.

Which type of seeds were used in Green Revolution

a)

HYV Seeds

b)

Traditional Seeds

c)

Both HYV & Traditional

d)

None of these

33.

Why does public sector plays an important role during planning period?

a)

Market was not big enough to encourage prive industrialists

b)

Private industrialists lack with capital to invest

c)

Policy makers tried to develop Indian economy on socialistic lines

d)

All of these

34.

According to IPR 1956 the industries in which private sector could supplement the efforts of the state sector comes under which category?

a)

Schedule-A

b)

Schedule-B

c)

Schedule-C

d)

Schedule-D

35.

What is the maximum investment allowed in Small Scale Industries now?

a)

Rs. 25 lakhs

b)

Rs. 1 Crore

c)

Rs.5 Crore

d)

Rs. 10 Crore

36.

What is the other name of Inward Looking Trade Policy?

a)

Import Substitution

b)

Export Promotion

c)

Modernisation

d)

Trade restiction

37.

which inmstrument(s) is/are used to restrict imports?

a)

Quota

b)

Tariff

c)

Both Quota & Tariff

d)

None of these

38.

Which organisation replaces Planning Commision in India?

a)

NITI Ayog

b)

CSO

c)

MRTP

d)

NSSO

39.

Small Scale Industries use which methods of proiduction?

a)

Labour intensive

b)

Capital Intensive

c)

Either Labour or Capital intensive

d)

Both Labour and Capital intensive

40.

Fixing the maximum size of land which could be owned by an individual is called?

a)

Land fragmentation

b)

Land ceiling

c)

Land consolidation

d)

Land upgradation

41.

Land reforms were successful in the following because these states had government committed to the policy of 'land to the tiller'

a)

a) kerala

b)

b) west bengal

c)

c) karnataka

d)

d) both a and b

e)

e) both b and c

42.

Land reforms primarily refer to:

a)

change in the ownership of landholdings

b)

abolition of intermediaries

c)

use of technology in agriculture

d)

fixing the maximum size of land which could be owned by individual

43.

The first phase of green revolution spanned approximately between

a)

mid 1950s upto mid 1960s

b)

mid 1960s upto mid 1970s

c)

1980s

d)

1960 - 1970

44.

Following was not the risk associated with use of HYV seeds technology

a)

pest attack

b)

excess supply of food grain

c)

widening inequalities between rich and small farmers

d)

rich farmers reaping most of the benefits

45.

The portion of agricultural produce that is sold in the market by farmers is known as ______ .

a)

A. Trade deficit

b)

B. Marketed surplus

c)

C. Subsidy

d)

D. Import substitution

46.

Under Industrial Policy Resolution (IPR), 1956, Category II of the industrial sector includes industries jointly owned and controlled by the private sector and the state.

a)

True

b)

False

47.

Quotas are a tax on imported goods while tariffs specify the number of goods which can be imported.

a)

True

b)

False

48.

What do you mean by Quotas?

a)

The quantity of goods which can be exported

b)

The quantity of goods which can be Imported

c)

Both (a) and ((b)

d)

None of these

49.

Schedule C industries development were left to:

a)

Public sector

b)

Private sector

c)

Both (a) and (b)

d)

None of these

50.

'Abolition of Intermediaries ' and 'Land Ceiling" are part of :

a)

(a) Industrial reforms in India

b)

(b) External sector reforms in India

c)

(c) Land reforms in India

d)

(d) Banking Reforms in India

51.

What were the focus points of 2nd five-year plan?

a)

Agriculture

b)

Industry

c)

service

d)

none of these

52.

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.

53.

Which of the following is not included in land reforms?

a)

land ceiling

b)

abolition of intermediaries

c)

consolidation of land holdings

d)

use of HYV seeds

54.

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

a)

1 and 2

b)

1 and 3

c)

2 and 3

d)

all of these

55.

Perspective plan is a

a)

short term plan

b)

long term plan

56.

Who is regarded as the architect of Indian planning?

a)

MS Swaminathan

b)

Prasanta Chandra Mahalanobis

57.

NITI Aayog was formed on?

a)

1 January 2014

b)

1 January 2015

c)

1 July 2015

d)

1 July 2014

58.

What are the years of India’s 12th five-year plan?

a)

A. 1997–2002

b)

B. 2002–2007

c)

C. 2007–2012

d)

D. 2012–2017

59.

In which of the following type of economy are resources owned privately and the main objective behind economic activities is profit-making?

a)

(A) Capitalist

b)

(B) Socialist

c)

(C) Mixed

d)

(D) Global

60.

Soviet Union followed which kind of economic system?

a)

Capitalist Economy

b)

Socialist Economy

c)

Mixed Economy

d)

None of the above

61.

Which of the following sector contributes highest to India's National Income?

a)

Service Sector

b)

Agriculture Sector

c)

Secondary Sector

d)

Foreign Trade

62.

Which of the following is correct about the planning in India?

a)

Mixed Economy has been the framework of planning in India

b)

The duration of the Twelfth Five Year Plan was 2012-17

c)

Planning in India with a heavy reliance on the public sector.

d)

All of these.

63.

Which of the following is not a long period objective of planning in India?

a)

GDP growth

b)

Full employment

c)

Better quality of life

d)

Equitable distribution

64.

After which Five Year Plan, there were three annual Plan?

a)

Second Five Year Plan

b)

Third Five Year Plan

c)

Fourth Five Year Plan

d)

Fifth Five Year Plan

65.

___________ refers to an arrangement by which central problems of an economy are solved.

a)

Economic System

b)

Mixed Economy

c)

Modernisation

d)

Socialist economy

66.

The central problems of an economy are :

a)

What to produce

b)

how to produce

c)

For whom to produce

d)

All of these

67.

Long term Goals of five year planning are :

a)

Growth

b)

Equity

c)

Land Reforms

d)

Modernisation

68.

What were the focus points of 2nd five-year plan?

a)

Agriculture

b)

Industry

c)

service

d)

none of these

69.

Which of the following is correct about the planning in India?

a)

Mixed Economy has been the framework of planning in India

b)

The duration of the Twelfth Five Year Plan was 2012-17

c)

Planning in India with a heavy reliance on the public sector.

d)

All of these.

70.
Indian Economy adopts which type of Economic System?
a)
Capitalist
b)
Socialist
c)
Mixed
d)
All of these
71.
Who is the architect of Indian Planning
a)
Pt. Jawarlal Nehru
b)
R C Desai
c)
V K R V Rao
d)
P C Mahalnobis
72.
Which of the followings is not an objective of Five Year Plans of India?
a)
Self Reliance
b)
Industrial Revolution
c)
Modernisation
d)
Growth
73.
Adoption of new technogy in production is called ------
a)
Equity
b)
Growth
c)
Modernisation
d)
Self Reliance
74.
Fixing the maximum size of land that could be owned by an individual is called-----
a)
Land Ownership
b)
consolidation of land holding
c)
Land Ceiling
d)
Land division
75.
At the time of independence what percentage of population of India were depend on agriculture?
a)
70
b)
75
c)
80
d)
85
76.
The portion of agricultural produce which is sold in the market by the farmers is called ---
a)
Green Revolution
b)
Price Floor
c)
Over Production
d)
Marketed Surplus
77.
Which type of seeds were used in Green Revolution
a)
<br />Traditional Seeds<br />
b)
HYV Seeds
c)
Both HYV & Traditional
d)
None of these
78.
Why does public sector plays an important role during planning period?
a)
Market was not big enough to encourage prive industrialists
b)
Private industrialists lack with capital to invest
c)
Policy makers tried to develop Indian economy on socialistic lines
d)
All of these
79.
According to IPR 1956 the industries in which private sector could supplement the efforts of the state sector comes under which category?
a)
First category
b)
Second category
c)
Third category
d)
Fourth category
80.
What is the maximum investment allowed in Small Scale Industries now?
a)
5 lakhs
b)
25 lakhs
c)
1 crore
d)
5 crore
81.
What is the other name of Inward Looking Trade Policy?
a)
Import Substitution
b)
Export Substitution
c)
Trade Promotion
d)
Trade Restriction
82.
which instrument(s) is/are used to restrict imports?
a)
Quota
b)
Tariff
c)
Both Quota & Tariff
d)
None of these
83.
Which organisation replaces Planning Commision in India?
a)
CSO
b)
NSSO
c)
NITI Ayog
d)
RBI
84.
Small Scale Industries use which methods of proiduction?
a)
Labour intensive
b)
Capital Intensive
c)
Either Labour or Capital intensive
d)
Both Labour and Capital intensive
85.
When was Planning Commission set up?
a)
1947
b)
1949
c)
1950
d)
1951
86.
When did India lunch first five year plan?
a)
1947-52
b)
1951-56
c)
1952-57
d)
1953-58
87.
In which economy, means of production are owned, controlled and operated by the Government?
a)
Mixed economy
b)
Capitalist economy
c)
Socialist economy
d)
None of these
88.
The production decision under which economic system is based upon the market forces of demand and supply?
a)
Mixed economy
b)
Capitalist economy
c)
Socialist economy
d)
None of these
89.
When was NITI Aayog formed?
a)
1950
b)
1951
c)
2012
d)
2015
90.
Who is the ex-officio chairman of the NITI Aayog?
a)
President
b)
Prime Minister
c)
Finance Minister
d)
RBI Governor
91.
Mahalanobis Model was started in ______ five year plan.
a)
First
b)
Second
c)
Tenth
d)
third
92.
Equity as a goal of planning aims to achieve the following objectives:
a)
Reduction in economic inequalities
b)
Curbing concentration of economic power
c)
Uplifting the weaker sections of society
d)
All of these
93.
‘Modernisation’ as a goal of planning in the context of Indian economy aimed at :
a)
Use of new technology
b)
Change in social outlook
c)
Adopting western life style
d)
Both (a) and (b)
94.

Soviet Union followed which kind of economic system?

a)

Capitalist Economy

b)

Socialist Economy

c)

Mixed Economy

d)

None of the above

95.

Planning Commission in India was set up in the year:

a)

1947

b)

1951

c)

1950

d)

1956

96.

Name the long-term objectives of planning in India.

G_____, M__________, S________, E_________

(a)  

97.

Who was the Chairman of the Planning Commission?

a)

P. C. Mahalanobis

b)

Mahatma Gandhi

c)

Jawaharlal Nehru

d)

None of these

98.

Which of the following sector contributes highest to India's National Income?

a)

Service Sector

b)

Agriculture Sector

c)

Secondary Sector

d)

Foreign Trade

99.

Which of the states got success in Land Reform?

a)

Kerala and West Bengal

b)

Punjab and Haryana

c)

Rajasthan and Assam

d)

None of these

100.

Indian Green Revolution is most successful in:-

a)

Wheat and Rice

b)

Wheat and Vegetables

c)

Rice and Pulses

d)

Tea and Coffee

101.

What do you mean by Quotas?

a)

The quantity of goods which can be exported

b)

The quantity of goods which can be Imported

c)

Both (a) and ((b)

d)

None of these

102.

What you mean by tariffs?

a)

Tax Imposed on Imported Goods

b)

Tax Imposed on exported goods

c)

Tax Imposed on starting an Industry

d)

None of these

103.

When was NITI Aayog established

a)

1951

b)

2011

c)

2015

d)

None of these

104.

Schedule C industries development were left to:

a)

Public sector

b)

Private sector

c)

Both (a) and (b)

d)

None of these

105.

A (a)   economy is the one in which there is private as well as public ownership of the means of production.

106.

Planning Commission, the erstwhile central planning authority in the country, has been replaced by:-

a)

National Institution for Transforming India (NITI) Aayog.

b)

Finance Commission

c)

Central Statistical Commission.

d)

Central Statistical Organization

107.

Which of the following is correct about the planning in India?

a)

Mixed Economy has been the framework of planning in India

b)

The duration of the Twelfth Five Year Plan was 2012-17

c)

Planning in India with a heavy reliance on the public sector.

d)

All of these.

108.

(a)   refers to fixing the specified limits of land, which could be owned by an individual.

109.

The first phase of green revolution spanned approximately between

a)

mid 1950s upto mid 1960s

b)

mid 1960s upto mid 1970s

c)

1980s

d)

1960 - 1970

110.

on the negative side some (a)   % of population was still employed in agriculture sector even as late as 1990

111.

Who is regarded as the architect of Indian Planning?

a)

Prasanta Chandra Mahalnobis

b)

V K R V Rao

c)

P S Mahalnobis

d)

Pt. Jawahar Lal Nehru

112.

In the industrial Policy Resolution 1956, (a)   industries were reserved for public Sector.

113.

(a)   distribution occurs when the distribution of Income is in accordance with the ability and efficiency of the people.

114.

A (a)   economy is the one in which there is private as well as public ownership of the means of production.

115.

(a)   is achieved when there is increase in real GDP over a period of time.

116.

There were two annual plan after (a)   five year plan.

117.

Prior to 1991 was that more important was given to (a)   Sector.

118.

Third Five Year Plan was launched in (a)   .

119.

The period of Eight Five Year Plan was (a)   .

120.

Which of the following is correct about the planning in India?

a)

Mixed Economy has been the framework of planning in India

b)

The duration of the Twelfth Five Year Plan was 2012-17

c)

Planning in India with a heavy reliance on the public sector.

d)

All of these.

121.

Planning Commission, the erstwhile central planning authority in the country, has been replaced by:-

a)

National Institution for Transforming India (NITI) Aayog.

b)

Finance Commission

c)

Central Statistical Commission.

d)

Central Statistical Organization

122.

Planning Commission, the erstwhile central planning authority in the country, has been replaced by:-

a)

National Institution for Transforming India (NITI) Aayog.

b)

Finance Commission

c)

Central Statistical Commission.

d)

Central Statistical Organization

123.

Green Revolution resulting from:

a)

Traditional Irrigation facilities

b)

Use of manure

c)

HYV seeds

d)

None of these

124.

Schedule C industries development were left to:

a)

Public sector

b)

Private sector

c)

Both (a) and (b)

d)

None of these

125.

When was NITI Aayog established

a)

1951

b)

2011

c)

2015

d)

None of these

126.

Legally stipulated Maximum size beyond which no individual farmer can hold any land:

a)

Tenancy Reform

b)

Land consolidation

c)

Abolition of intermediaries

d)

Land Ceiling

127.

Which was the last Five years plan in India

a)

Eleventh plan

b)

Twelfth plan

c)

Thirteenth Plan

d)

Fourteenth Plan

128.

Which of the following is not a long period objective of planning in India?

a)

GDP growth

b)

Full employment

c)

Better quality of life

d)

Equitable distribution

129.

What does HYVP stand for?

a)

A. High Yielding Varieties Products

b)

B.High Yielding Various Programme

c)

C. High Yielding Varieties Programme

d)

D. High Yielding Various Products

130.

What are the years of India’s 12th five-year plan?

a)

A. 1997–2002

b)

B. 2002–2007

c)

C. 2007–2012

d)

D. 2012–2017

131.

The portion of agricultural produce that is sold in the market by farmers is known as ______ .

a)

A. Trade deficit

b)

B. Marketed surplus

c)

C. Subsidy

d)

D. Import substitution

132.

The father of high yielding variety seeds is considered to be Norman Borlaug.

a)

True

b)

False

133.

When was the planning commission set up in India?

a)

A. 5th March 1951

b)

B. 25th April 1950

c)

C. 20th March 1951

d)

D. 15th March 1950

134.

industries were the focus for the second five-year plan.

a)

True

b)

False

135.

In which of the following type of economy are resources owned privately and the main objective behind economic activities is profit-making?

a)

(A) Capitalist

b)

(B) Socialist

c)

(C) Mixed

d)

(D) Global

136.

What is needed to provide protection against natural calamities like floods, drought, locusts, thunderstorms, etc.?

a)

(A) Multiple cropping

b)

(B) Green revolution

c)

(C) Crop insurance

d)

(D) HYV

137.

Which of the following steps promoted the growth of the economy as a whole by stimulating the development of industrial and tertiary sectors?

a)

(A) Independence

b)

(B) Planning

c)

(C) Colonial rule

d)

(D) Green revolution

138.

How many industries have been reserved for the public sector under Industrial Policy Resolution, 1956?

a)

(A) 17

b)

(B) 21

c)

(C) 15

d)

(D) 2

139.

(a)   is the Chairman of the Planning Commission.

140.

Full employment and equitable distribution of income and wealth are the (a)   period objectives of planning in India.

141.

Full employment and equitable distribution of income and wealth are the (a)   period objectives of planning in India.

142.

(a)   were introduced to make tillers the owners of the land and bring about equity in agriculture

143.

Import Substitution policy was introduced to protect (a)   from foreign competition.

144.

Under Industrial Policy Resolution (IPR), 1956, Category II of the industrial sector includes industries jointly owned and controlled by the private sector and the state.

a)

True

b)

False

145.

Quotas are a tax on imported goods while tariffs specify the number of goods which can be imported.

a)

True

b)

False

146.

Which of the following statements regarding high yielding variety (HYV) seeds are correct?

i) The use of these seeds requires neither the use of fertilisers nor the pesticides.

ii) Dependence on regular supply of water is eliminated.

iii) In the first phase of the green revolution(mid 1960s upto mid 1970s), the use of HYV seeds primarily benefited the wheat growing regions only while In the second phase (mid-1970s to mid-1980s), the HYV technology benefited more variety of crops.

iv) In the first phase of the green revolution, the use of HYV seeds was restricted to the more affluent states such as Punjab, Andhra Pradesh and Tamil Nadu.

a)

a) i and iii

b)

b) iii and iv

c)

c) i, ii, iii and iv

d)

d) ii, iii and iv

147.

Evaluate the below statements related to land reforms.

i) Just a year after independence, steps were taken to abolish intermediaries and to make the tillers the owners of land.

ii) The purpose of land ceiling was to keep the concentration of land ownership in the hands of a selected few.

Which of the above are correct?

a)

a) Only i

b)

b) Only ii

c)

c) Both i and ii

d)

d) Neither i nor ii

148.

Legally stipulated maximum size beyond which no individual farmer can hold any land

a)

A. Tenancy reforms

b)

B. Abolition of intermediaries

c)

C. Land consolidation

d)

D. Land Ceiling

149.

Tick the correct options

a)

In a capitalist society the goods produced are distributed among people not on the basis of what people need but on the basis of Purchasing Power.

b)

In a socialist society, the government decides what goods are to be produced in accordance with the needs of society.

c)

In a mixed economy, the market will provide whatever goods and services it can produce well, and the government will provide essential goods and services which the market fails to do.

d)

If the economy depends on the market forces of supply and demand, it is called a market economy or capitalism.

150.

Perspective plan is a

a)

short term plan

b)

long term plan

151.

Who is regarded as the architect of Indian planning?

a)

MS Swaminathan

b)

Prasanta Chandra Mahalanobis

152.

Fixing the maximum size of land which could be owned by an individual is called?

a)

Land fragmentation

b)

Land ceiling

c)

Land consolidation

d)

Land upgradation

153.

Why did farmers in Soviet Union pack rotten fruits with fresh fruits in the same box?

a)

Farmers were not aware.

b)

Farmers were not trained.

c)

In the absence of ownership. farmers did not have the incentive to be efficient.

d)

Farmers did it purposefully to spoil all fruits.

154.

Tick mark all the requirements to reap the benefits of Green Revolution.

a)

Fertilizers and pesticides

b)

High Yieding Variety seeds

c)

Regular supply of water

d)

Adequate Finance

155.

The portion of agricultural produce which is sold in the market by the farmers is called?

a)

Excess surplus

b)

Marketable surplus

c)

Agricultural produce

d)

Exports

156.

Subsidies do not allow prices to indicate the supply of a good. True/False?

a)

True

b)

False

157.

According to Industrial Policy Resolution, 1956, following industries were part of Schedule A:

a)

Arms and ammunition

b)

Chemical industry

c)

atomic energy

d)

railways

e)

shipbuilding

158.

Under Import substitution trade policy:

a)

Instead of exporting vehicles made in india to foreign countries, industries would be encouraged to import them.

b)

Instead of importing vehicles made in a foreign country, industries would be encouraged to produce them in India itself.