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Worksheets

Indian Economy - II

Total questions: 20

Worksheet time: 20mins

Name
Class
Date
1.
  1. What is the primary objective of the Industrial IDBI?

a)

Promoting tourism

b)

Supporting agricultural projects

c)

Fostering industrial development

d)

Enhancing healthcare facilities

2.
  1. When was the IFCI established?

a)

1948

b)

1955

c)

1964

d)

1971

3.
  1. Which Indian sector contributes over 50% to the GDP and is a major source of employment?

a)

Agriculture

b)

Manufacturing

c)

Service

d)

Mining

4.
  1. What is the main problem associated with the development of waterways in India?

a)

Lack of skilled personnel

b)

Environmental impact

c)

Congestion     

d)

Inefficient operations

5.

During which years did the First Phase of Industrial Revolution in India take place?

a)

1965-1980

b)

1981-1991

c)

1951-1965

d)

1991 onwards

6.

When did the Third Phase of the Industrial Revolution in India start?

a)

1965-1980

b)

1981-1991

c)

1951-1965

d)

1991 onwards

7.

In which years did the Fourth and final phase of the Industrial Revolution start in India?

a)

1965-1980

b)

1981-1991

c)

1951-1965

d)

1991 onwards

8.

In which years did the second phase of the Industrial Revolution start in India?

a)

1965-1980

b)

1981-1991

c)

1951-1965

d)

1991 onwards

9.
  1. What is the primary mode of transportation in India, carrying almost 85% of passenger traffic?

a)

Railways

b)

Railways

c)
Subway system
d)

Airways

10.

Industrialisation started in India during the early 19th century.

a)
True
b)
False
11.

The second phase of industrialisation in India saw a decline in the production growth rate.

a)
True
b)
False
12.

Tata Iron and Steel Company (TISCO) was established in 1906 at Jamshednagar.

a)
True
b)
False
13.

The average capacity utilisation of steel units during the 1980s ranged between 64% to 79%.

a)
True
b)
False
14.

Shortage of raw cotton is not a significant problem for the textile industry in India.

a)
True
b)
False
15.

MSMEs are not contributors to employment generation.

a)
True
b)
False
16.

The main internal sources of industrial finance in India include public deposits and loans from commercial banks.

a)
True
b)
False
17.

Industrial Development Bank of India (IDBI) was established in 1964 as a subsidiary of the World Bank.

a)
True
b)
False
18.

State Financial Corporations (SFCs) play a role in the promotion and development of small-scale industrial enterprises.

a)
True
b)
False
19.

The objective of the Industrial Credit and Investment Corporation of India (ICICI) is primarily to operate as a commercial bank.

a)
True
b)
False
20.

What is the primary function of the Industrial Reconstruction Bank of India (IRBI)?

a)
Offering educational scholarships to students
b)
Providing healthcare services to rural communities
c)
Provide financial assistance for the reconstruction and rehabilitation of industrial units
d)
Supporting environmental conservation projects