Indian Economy (1950-90) CBSE Questions & Answers

Indian Economy (1950-90)

This is Economics Class 11 Indian Economy (1950-90) CBSE Questions & Answers. There are 15 questions in this test with each question having around four answer choices.

Questions & Answers

1
Following are the external factors responsible for industrial sickness except
  • A
    Diversion of funds
    Correct
  • B
    Shortage of power and raw materials
  • C
    Government policies related with production, distribution and prices
  • D
    Change in investment pattern
2
Imports fast growing imports are due to
  • A
    All of these
    Correct
  • B
    Heavy imports of petroleum products
  • C
    Economic reforms 1991
  • D
    Heavy imports of capital goods
3
Foreign spending on domestic goods and services is ____ and domestic spending on foreign goods is ______
  • A
    Entreport, Import
  • B
    Exports, Imports
    Correct
  • C
    Exports, Entreport
  • D
    Import, Export
4
Schedule C industries development were left to
  • A
    Both
  • B
    None
  • C
    Public sector
  • D
    Private sector
    Correct
5
Legally stipulated maximum size beyond which no individual farmer can hold any land
  • A
    Abolition of intermediaries
  • B
    Land consolidation
  • C
    Land Ceiling
    Correct
  • D
    Tenancy reforms
6
Reasons for the Slow progress of land reforms were
  • A
    All of these
    Correct
  • B
    Benami transfers
  • C
    Loopholes in legislation
  • D
    Lack of political will
7
Large increase in the production of foods grains resulting
  • A
    None
  • B
    Green revolution
    Correct
  • C
    White revolution
  • D
    Blue revolution
8
Which statement is false regarding economic planning
  • A
    It is concerned with whole of economic life of a country
  • B
    It is an organised efforts to achieve objective within fixed framework
  • C
    It is a path of action in terms of policy measures which were followed in the past
    Correct
  • D
    It is the purposive adoption of resources to social ends
9
The objective of social justice in economic planning is
  • A
    A reduction in inequalities in asset distribution
  • B
    An improvement in the living standards of the poorest groups in the society
  • C
    None
  • D
    Both
    Correct
10
Land reforms measures include
  • A
    Tenancy reforms
    Correct
  • B
    Division of land holdings
  • C
    Introducing zamindari system
  • D
    Introduction of intermediaries
11
A country has sufficient foreign exchange reserves to pay for its imports implies
  • A
    Self production
  • B
    Self reliance
    Correct
  • C
    None
  • D
    Self reservation
12
Match the objective which are specific year to year
Question 12 figure 1
  • A
    a(i),b(ii),c(iii)
  • B
    a(iii),b(ii),c(i)
    Correct
  • C
    a(ii),b(iii),c(i)
  • D
    a(iii),b(i),c(ii)
13
Land reforms concerned with
  • A
    Both
    Correct
  • B
    None
  • C
    To raise agriculture productivity
  • D
    Related to ownership of land and land holdings
14
External Factors responsible for industrial sickness
  • A
    Lack of management
  • B
    Government policies related with production, distribution and prices
    Correct
  • C
    Diversion of funds
  • D
    Excessive overhead expenses
15
Under the Industrial act 1951 all industries employing 100 workers or more and having fixed assets of ___ or more required to obtain licenses
  • A
    30 Lakhs
  • B
    50 Lakhs
  • C
    10 Lakhs
    Correct
  • D
    20 Lakhs