Class 11 Economics Chapter 2 Indian Economy 1950 – 1990 MCQ Questions with Answer

Indian Economy 1950 – 1990 Class 11 MCQ is one of the best strategies to prepare for the CBSE Class 11 Board exam. If you want to complete a grasp concept or work on one’s score, there is no method except constant practice. Students can improve their speed and accuracy by doing more Indian Economy 1950 – 1990 class 11 MCQ which will help them all through their board test.

Indian Economy 1950 – 1990 Class 11 MCQ Questions with Answer

Class 11 Economics MCQ with answers are given here to Chapter 2 Indian Economy 1950 – 1990. These MCQs are based on the latest CBSE board syllabus and relate to the latest Class 11 Economics syllabus. By Solving these Class 11 MCQs, you will be able to analyze all of the concepts quickly in the Chapter and get ready for the Class 11 Annual exam.

Learn Indian Economy 1950 – 1990 Class 11 MCQ with answers pdf free download according to the latest CBSE and NCERT syllabus. Students should prepare for the examination by solving CBSE Class 11 Indian Economy 1950 – 1990 MCQ with answers given below.

Question 1 : 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

Question 2 : 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

Question 3 : 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

Question 4 : 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

Question 5 : Agriculture education ,health and infrastructure were the priority areas in which five year plan.
A. 11th
B. 12th
C. 9th
D. 10th

Question 6 : 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

Question 7 : 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 8 :  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 9 : 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

Question 10 : All the state government imposed land ceiling in 1960 except
A. South-western
B. North-western
C. South-eastern
D. North-eastern

Question 11 : Who is the architect of Indian planning?
A. K.N. Raj
B. PC. Mahalanobis
C. R.C. Desai
D. Dadabhai Navoroji

Answer : B

Question 12 : 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 13 : What prevented firms from becoming efficient?
A. Tarrifs
B. Quotas
C. Permit License Raj
D. New Economic Policy

Answer : C

Question 14 : Schedule________ comprise of industries which would be exclusively owned by the state:
A. A
B. B
C. C
D. None of these

Answer : A

Question 15 : When was Planning commission established
A. 20th March 1951
B. 5th March 1951
C. 15th March 1951
D. 25th March 1951

Question 16 : 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 17 : When was Twelfth five year plan started
A. 2007-2012
B. 1997-2002
C. 2012-2017
D. 2002-2007

Answer : C

Question 18 : Agriculture education ,health and infrastructure were the priority areas in the
A. 12th
B. 9th
C. 11th
D. 10th

Answer : C

Question 19 : 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

Question 20 : 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

Question 21 : 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 22 : 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

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Question 23 : 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

Question 24 : 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

Question 25 : 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 26 : 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

Question 27 : 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 28 : 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 29 : 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

Question 30 : 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 31 : 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

Question 32 : 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

Question 33 : 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

Question 34 : 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

Question 35 : 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 36 : Planning commission was set up in
A. 5th March 1951
B. 15th March 1951
C. 25th March 1951
D. 20th March 1951

Answer : B

Question 37 : 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

Question 38 : To protect goods produced in India from imports, Government made use of:
A. Quotas
B. Tariffs
C. both A. and B.
D. neitherA. norB.

Question 39 : Who developed HYV seeds
A. Normal Jones
B. Normal Borlaug
C. Norah Jones
D. Norten Borlaug

Answer : B

Question 40 : Which of the following is not a goal of five year plan ?
A. Growth
B. Equity
C. Land reforms
D. Modernisation

Answer : C

Question 41 : Which industry employs the largest number of women in India?
A. tea
B. textile
C. jute
D. coal

Answer : A

Question 42 : 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 43 : 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 44 : 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

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