Table of Contents
NCERT MCQ ON Indian Economy 1950-1990:
Question1 : Land ceiling refers to __
A. fixing rural landholding at the existing level
B. fixing the quantum of land held by an individual
C. fixing urban landholdings at the existing level
D. fixing land area for irrigation purposes
Answer : B
Question2: In 1955, Karve Committee (Village & Small scale committee) was constituted for –
A. Using SSI for rural development
B. Using SSI for urban development
C. Using large scale industries for development\
D. Both A & B
Answer : A
Question 3: What is needed to provide protection against natural calamities like floods, drought, locusts, thunderstorms, etc.?
A. Multiple cropping
B. Green Revolution
C. Crop insurance
D. HYV
Answer : C
Question 4: When was the National Development Council (NDC. set up as an adjunct to the Planning Commission?
A. 1950
B. 1969
C. 1952
D. 1979
Answer : C
Question5 : All the state government imposed land ceiling in 1960 except
A. South-western
B. North-western
C. South-eastern
D. North-eastern
Answer : B
Question7 : How many industries have been reserved for the public sector under Industrial Policy Resolution, 1956?
A. 17
B. 21
C. 15
D. 2
Answer : A
Question7 : It is a conscious design to shape the socio-economic processes in order to achieve an objective
A. Economic infrastructure
B. Economic development
C. Economic planning
D. Economic growth
Answer : C
Question8 : IADP stands for
A. Integrated Agriculture Development Product
B. Intensive Area Development Programme
C. Integrated Area Development Product
D. Intensive Area Development Product
Answer : B
Question9 : Which of the following statements are not true?
A. SSI were given protection from big industries
B. Concessions were given to SSI
C. Govt. allowed SSI & large industries to produce any type of goods
D. None
Answer : C
Question10 : Agriculture education ,health and infrastructure were the priority areas in which five year plan.
A. 11th
B. 12th
C. 9th
D. 10th
Answer : A
Question11 : The policy makers of independent India tried to bring in growth and equity in the agriculture sector through:
i) Bringing in land Reforms
ii) Without using any ‘High Yielding Variety’ (HYV) seeds
Which of the above are correct?
A. Only i
B. Only ii
C. Both i and ii
D. Neither i nor ii
Answer : C
Question 12: When was Twelfth five year plan started
A. 2007-2012
B. 1997-2002
C. 2012-2017
D. 2002-2007
Answer : C
Question13 : Agriculture education ,health and infrastructure were the priority areas in the
A. 12th
B. 9th
C. 11th
D. 10th
Answer : C
Question14 : Initially HYVP was implemented in about
A. 76 million hectares area
B. 75 million hectares area
C. 3 million hectares area
D. 2 million hectares area
Answer : D
Question15 : 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
Answer : D
Question 16: Who is the architect of Indian planning?
A. K.N. Raj
B. PC. Mahalanobis
C. R.C. Desai
D. Dadabhai Navoroji
Answer : B
Question 17: SEBI stands for
A. Science and Engineering Board of India
B. Securities and Exchange Board of India
C. Social Equity Bureau of India
D. Science and Educational Board of India
Answer : B
Question 18: What prevented firms from becoming efficient?
A. Tarrifs
B. Quotas
C. Permit License Raj
D. New Economic Policy
Answer : C
Question 19: Schedule________ comprise of industries which would be exclusively owned by the state:
A. A
B. B
C. C
D. None of these
Answer : A
Question20 : When was Planning commission established
A. 20th March 1951
B. 5th March 1951
C. 15th March 1951
D. 25th March 1951
Answer : C
Question 21: The economy of India is based on planning through the ___ Year Plan develop executed and monitored by the planning Commission
A. Six
B. Five
C. Three
D. Four
Answer : B
Question 22: Industrial sector and agricultural sector are
A. Have no economic relations with each other
B. Complementary to each other
C. Are substitute of each other
D. Compete with each other
Answer : B
Question 23: At the time of independence the government of India adopted which of the following for the future economic development
A. Free market forces
B. Planning by inducement
C. Planning by direction
D. Free market forces + planning by inducement
Answer : D
Question24 : Which of the following industries were exclusively reserved for public sector in IPR 1956
A. Arms & Ammunition
B. Atomic energy
C. Air craft
D. All of the above
Answer : D
Question 25: In which type of economic system goods are produced on purchasing power?
A. Socialist Economy
B. Mixed Economy
C. Capitalist Economy
D. None of the above
Answer : C
Question26 : Consider the below statements with reference to Abolition of zamindari system.
i) It brought some 200 lakh tenants into direct contact with the government.
ii) The ownership conferred on tenants gave them the incentive to increase output and this contributed to growth in agriculture.
iii) In some areas like Kerala and West Bengal, the former zamindars continued to own large areas of land by making use of some loopholes in the legislation.
Select the appropriate combination:
A. Only (i) correct
B. Only (i) and (ii) correct
C. Only (ii) and (iii) correct
D. All are correct
Answer : B
Question27 : Which of the following organizations looks after the credit needs of agriculture and rural development in India?
A. FCI
B. IDBI
C. NABARD
D. ICAR
Answer : C
Question 28: Following are the external factors responsible for industrial sickness except
A. Diversion of funds
B. Government policies related with production, distribution and prices
C. Shortage of power and raw materials
D. Change in investment pattern
Answer : A
Question 29: The basic problem the Indian economy is facing is shortage of
A. Entrepreneurial abilities
B. Natural resources
C. Man made resources
D. Human resources
Answer : C
Question30 : Land ceiling refers to _________
A. fixing rural landholding at the existing level
B. fixing the quantum of land held by an individual
C. fixing urban landholdings at the existing level
D. fixing land area for irrigation purposes
Answer : B
Question31 : First time the objective of self-reliance was incorporated in the ____ Five year plan
A. First
B. Fifth
C. Second
D. Third
Answer : D
Question 32: Define GDP
A. Factor value of all the final goods and services produced within a domestic territory
B. Market value of all the final goods and services produced within a domestic territory
C. Market value of all the final goods and services produced by the residents
D. Factor value of all the final goods and services produced produced by the residents
Answer : B
Question 33: Who developed HYV seeds
A. Normal Jones
B. Normal Borlaug
C. Norah Jones
D. Norten Borlaug
Answer : B
Question 34: Which of the following is not a goal of five year plan ?
A. Growth
B. Equity
C. Land reforms
D. Modernisation
Answer : C
Question 35: Which industry employs the largest number of women in India?
A. tea
B. textile
C. jute
D. coal
Answer : A
Question 36: Subsidies are
A. Grants taken by government so that commodities sold at prices above the market price
B. Grants taken by government so that commodities sold at prices below the market price
C. Grants given by government so that commodities sold at prices above the market price
D. Grants given by government so that commodities sold at prices below the market price
Answer : D
Question 37: Refers to an increase in the country’s capacity to produce the output of goods and services within the country.
A. Equity
B. Growth
C. Self-reliance
D. Modernization
Answer : B
Question 38: Tenancy reforms refers to
A. Bringing together all plots of land of a cultivator into one compact block
B. Dividing the land into small plots
C. Those who take cultivable land on rent and pay either in terms of money or a part of produce
D. None
Answer : C
Question39 : With reference to outcomes of the green revolution, evaluate the following:
1. The low income groups did not get any benefit from it.
2. The HYV crops were more prone to attack by pests.
Which of the above statements is/are not correct?
A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
Answer : A
Question40 : Infant mortality rate fall due to
A. Better health facilities
B. All of these
C. Poor health facilities
D. No change in health facilities
Answer : A
Question41 : Which two crops were benefitted when green revolution was introduced?
A. Tea & coffee
B. Jowar & Bajra
C. Cotton & Jute
D. Rice & Wheat
Answer : D
Question 42: Planning commission was set up in
A. 5th March 1951
B. 15th March 1951
C. 25th March 1951
D. 20th March 1951
Answer : B
Question43 : The economy of India is based on planning through the ___ Year Plan develop executed and monitored by the planning Commission
A. Three
B. Four
C. Six
D. Five
Answer : D
Question44 : To protect goods produced in India from imports, Government made use of:
A. Quotas
B. Tariffs
C. both A. and B.
D. neitherA. norB.
Answer : C
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