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WorksheetsIED AND MACRO ECONOMICS 2023
Total questions: 27
Worksheet time: 9mins
______________ traditional industries was India particularly well known for before the advent of the british rule.
chemical industry
handicraft industry
jute industry
steel industry
Which of the following explains the term economic growth?
Increase in per capita production
Increase in per capita real income
Structural change in the economy
All of the above
RBI doesn't consist of
Longevity
Knowledge
Life Expectancy
Standard of living
When was Navratna Policy announced
1992
1991
1995
1996
Mahalanobis Modal was started in ____________ Five year plan.
First
Second
Tenth
Eleventh
In which year is NABARD formed ?
1980
1979
1991
1982
When was launched MGNREGP ?
2001
2005
2008
2015
Which of the following steps promoted the growth of the economy as a whole by stimulating the development of industrial and tertiary sectors?
(A) Independence
(B) Planning
(C) Colonial rule
(D) Green revolution
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) Only i
b) Only ii
c) Both i and ii
d) Neither i nor ii
Legally stipulated maximum size beyond which no individual farmer can hold any land
A. Tenancy reforms
B. Abolition of intermediaries
C. Land consolidation
D. Land Ceiling
Which objective of planning was considered a necessity to reduce our dependence on foreign goods:
modernisation
self reliance
growth
all of the above
Tariffs and quotas adopted under foreign trade policy during 1950-1990 was to :
increase exports
increase foreign competition
restrict imports and protect domestic industries from foreign competition
make exported goods cheaper
Human Development Index is not related to......
Life Expectancy
Per Capita Income
Gross Domestic Product
Education
Who is known as the father of green revolution in India?
Dr. Varghese Kurian
Dr. M S Swaminathan
Dr. Manmohan Singh
Dr. M S Ahluwalia
Economic growth can be measured by
The CPI
The CBI
GDP
MPC
Which is the characteristics of an underdeveloped economy?
General poverty
Significance of industrial sector
Low growth of population
Use of higher production techniques and skills
Improving INternational competitveness of Products of a country is a part of :-
Structural Measures
Stabilization Masures
Short Term Measures
Part of Globalisation
When government encourages more outsourcing in an economy, it is essentially looking forward to:-
Liberlisation
Privatisation
Globalisation
Deindustrialisatoin
Long Term Measures undertaken during 1991 New Economic Policy were called as:-
Structural Measures
Stablisation measures
Reformational Measures
Development Measures
Which of the following was initiated by the Government under Liberalisation?
Denationalisation
Decentralisation
Demonetisation
Dereservation of industries
......................refers to contracting out some of the activities of the organisation to a third party which were previously performed by itself.
Outsourcing
Globalisation
Privatisation
FDI
.............refers to disposal of equity of public sector units in the market.
Disinvestment
Privatisation
Liberalisation
Globalisation
Economic liberalisation in India was initiated in 1991 by Prime Minister ______________ and his then-Finance Minister ___________
P. V. Narasimha Rao,Dr. Manmohan Singh.
P.V Narasimha Rao,Inder Kumar Gujral
P.V Narasimha Rao, Madhav Rao Scindia
P.V Narasimha Rao, Ghulam Nabi Azad
Who is regarded as the architect of Indian Planning?
Prasanta Chandra Mahalnobis
V K R V Rao
P S Mahalnobis
Pt. Jawahar Lal Nehru
Which of the following is correct about the planning in India?
Mixed Economy has been the framework of planning in India
The duration of the Twelfth Five Year Plan was 2012-17
Planning in India with a heavy reliance on the public sector.
All of these.
Schedule C industries development were left to:
Public sector
Private sector
Both (a) and (b)
None of these
