CBSE CLASS 11- INDIAN ECONOMIC DEVELOPMENT - CHAPTER 2-INDIAN ECONOMY(1950-1990) - MCQs (#cbseNotes)

INDIAN ECONOMIC DEVELOPMENT - CHAPTER 2-INDIAN ECONOMY(1950-1990) MCQs

1. When was the planning commission set up?

(a)1949
(b)1950
(c)1956
(d)1850


2. 'Abolition of Intermediaries' and 'land ceiling' are part of:

(a) Industrial reforms in India
(b) External sector reforms in India
(c) Land reforms in India
(d) Banking reforms in India


3. Which of the following is not a goal of five year plan ?

(a) Growth
(b) Equity
(c) Land reforms
(d) Modernisation




4. Capitalist Economy is controlled and operated by:

(a) Private Sector
(b) Public Sector
(c) Both(a) and (b)
(d) Neither(a) nor (b)


5. India adopted the_________ economic system.

(a) Capitalist
(b) Mixed
(c) Socialist
(d) None of these



6. The first five year plan was launched for a period from________ .

(a) 1948-1953
(b) 1959-1954
(c) 1951-1956
(d) 1955-1960



7. To protect goods produced in India from imports, Government made use of:

(a) Quotas
(b) Tariffs
(c) both (a) and (b)
(d) neither(a)nor(b)


8. Which one of these is a central problem of an economy ?

(a) What to produce
(b) How to produce
(c) From whom to produce
(d) All of these



9. _______ economy is the economy in which means of production are owned, controlled and operated by the government.

(a) Mixed
(b) Socialist
(c) Capitalist
(d) None of these



10. Schedule________ comprise of industries which would be exclusively owned by the state:

(a) A
(b) B
(c) C
(d) None of these


Answers:
1.(b) 2.(c) 3.(c) 4.(a) 5.(b) 6.(c) 7.(c) 8.(d) 9.(b) 10.(a)