Indian EconomyOnline Test
Indian Economy after Independence
Indian Economy Before and After Independence
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Question 1 |
What is mixed economy?
Mixed economy is where both private and public sector co-exists. |
Question 2 |
To achieve progress in India Nehru decided to bring both the private sector and public sector together
This is called as mixed economy. |
Question 3 |
Who said the five year plan will result in fast growth of nation?
Jawaharlal Nehru |
Question 4 |
From which country did India got the idea of Five Year plan system?
Soviet Union |
Question 5 |
In which period did India establish five year plan period?
1950 | |
1952 | |
1957 | |
1956 |
Question 6 |
Who was the head of five year plan?
President of India |
Question 7 |
What are the main scopes of Five Year plan?
• Increasing national income
• Reducing inequalities in income and wealth
• Elimination of poverty
• Providing additional employment
• Removing bottle necks in agriculture production and manufacturing sector.
|
Question 8 |
Which council was established for seeking permission from state government for the five year plan?
National Development Council |
Question 9 |
Who is the head of National Development Council?
State government`s Chief Minister |
Question 10 |
How many five year plans has been completed in India?
11 Five Year plan and 12th Five year plan is going on now. |
Question 11 |
What was the period of 11th five year plan?
2007 to 2012 |
Question 12 |
In which month did they start the 11th five year plan?
April 2007 |
Question 13 |
What are the main objectives of 11th five year plan?
• Increasing public investment in irrigation, rural electrification and rural roads.
• To reduce subsidy in power and fertilizer
• Promoting agriculture research
• To ensure environmental protection
• Larger employment opportunity
• To develop rural infrastructure
• To abolish poverty
• To reduce dropout rate in primary schools
|
Question 14 |
Which is the backbone of our nation?
Agriculture |
Question 15 |
What is rate of national income from agriculture?
45% | |
30% | |
40% | |
20% |
Question 16 |
When was green revolution introduced in India?
1987 | |
1967 | |
1988 | |
1969 |
Question 17 |
Who established green revolution?
Indian Council for Agriculture Research (ICAR) |
Question 18 |
What is green revolution?
It is using of High Yielding Varieties of seeds for growth of rice and wheat in large quantity. |
Question 19 |
Trough which measure has countries like India has growth in food production?
Green Revolution |
Question 20 |
In which sector India has got good development?
Food Production |
Question 21 |
Name some public sector units?
Naively Lignite Corporation, Bharath Heavy Electricals Limited, BSNL and Air India. |
Question 22 |
Which year has special significance in Indian economy?
Period of 1991 where New Economic Reform was introduced. |
Question 23 |
What were the New Economic Reforms?
Liberalization, Privatalization and Globalization. |
Question 24 |
Examples of cottage industries –
handlooms and coir industries |
Question 25 |
What is the linkage of local market with that if the world’s market?
Globalization |
Question 26 |
How many atomic power stations are there in India?
20 | |
23
| |
22 | |
24 |
Question 27 |
Which satellite discovered that there is water in moon?
Chandrayan 1 which was launched in 2008 | |
Chandrayan 1 which was launched in 2009 | |
Chandrayan 1 which was launched in 2010 | |
Chandrayan 1 which was launched in 2007 |
Question 28 |
Which was the first satellite launched by India?
Aryabhatta I – launched during 1945 | |
Aryabhatta I – launched during 1965 | |
Aryabhatta I – launched during 1975 | |
Aryabhatta I – launched during 1935 |
Question 29 |
Five Year Plan in India was borrowed from _________
Sovient Russia | |
United States of America | |
United Kingdom | |
UAE |
Question 30 |
Eleventh Five Year Plan Period is __________
1956 – 1961 | |
1997 – 2002 | |
2002 – 2007 | |
2007 – 2012 |
Question 31 |
Chairman of Planning Commission of India is ________
President of India | |
Prime Minister of India | |
Finance Minister of India | |
Vice President of India |
Question 32 |
Planning Commission of India was set up in the year _________
1962 | |
1950 | |
1956 | |
1949 |
Question 33 |
Nehru decided that India would be a __________
Mixed Economy | |
Socialist Economy | |
Capitalist Economy | |
Money Economy |
Question 34 |
Green revolution was introduced in the year ________
1967 | |
1977 | |
1987 | |
1957 |
Question 35 |
Bhoodan Movement was started by __________
Jayaprakash Narayan | |
Jawaharlal Nehru | |
Acharya Vinobhabhave | |
Dr. Rajendra Prasad |
Question 36 |
Which year has a special significance in Indian Economic _________
1981 | |
1991 | |
2001 | |
2010 |
Question 37 |
The Organization which is responsible for research and development in the area of Satellite and Communication
ICAR | |
ICMR | |
ISRPO | |
CSIR |
Question 38 |
As per 2001 census, the literacy rate in India is ___________
64.8% | |
65.8% | |
66.8% | |
67.8% |
Question 39 |
The arrival of Vasco da Gama in Calicut, India
1498 | |
1948 | |
1689 | |
1849 |
Question 40 |
In 1614 Sir Thomas Roe was successful in getting permission from
Akbar | |
Shajakan | |
Jahangir | |
Noorjakhan |
Question 41 |
The power for governance of India was transferred from the East India Company (EIC) to the British crown in
1758 | |
1858 | |
1958 | |
1658 |
Question 42 |
Ryotwari system was initially introduced in
Kerala | |
Bengal | |
Tamil Nadu | |
Maharastra |
Question 43 |
First World War started in the year
1914 | |
1814 | |
1941 | |
1841 |
Question 44 |
When did the Government of India declared its first Industrial Policy ?
1956 | |
1991 | |
1948 | |
2000 |
Question 45 |
The objective of the Industrial Policy 1956 was ........
Develop heavy industries | |
Develop agricultural sector only | |
Develop private sector only | |
Develop cottage industries only |
Question 46 |
The industry which was de-reserved in 1993 ?
Railways | |
Mining of copper and zinc | |
Atomic energy | |
Atomic minerals |
Question 47 |
The father of Green Revolution in India was ............
M.S. Swaminathan | |
Gandhi | |
Visweswaraiah | |
N.R. Viswanathan |
Question 48 |
How many commercial banks were nationalised in 1969 ?
10 | |
12 | |
14 | |
16 |
Question 49 |
The main objective of nationalization of banks was .......
Private social welfare | |
Social welfare | |
To earn | |
Industries monopoly |
Question 50 |
The Planning Commission was setup in the year .....
1950 | |
1955 | |
1960 | |
1952 |
Question 51 |
In the first five year plan, The top priority was given to ....... Sector.
Service | |
Industrial | |
Agriculture | |
Bank |
Question 52 |
Tenth Five year plan period was.......
1992-1997 | |
2002-2007 | |
2007-2012 | |
1997-2002 |
Question 53 |
According to HDR (2016), India ranked ...... out of 188 countries.
130 | |
131 | |
135 | |
145 |
Question 54 |
Annual Plans formed in the year ..........
1989-1991 | |
1990-1992 | |
2000-2001 | |
1981-1983 |
Question 55 |
The Oldest large scale industry in India
cotton | |
jute | |
steel | |
cement |
Question 56 |
The 14 banks were nationalized in the year
1935 | |
1956 | |
1969 | |
1959 |
Question 57 |
The main theme of the Twelth Five Year Plan
faster and more inclusive growth | |
growth with social Justice | |
socialistic pattern of society | |
faster, more inclusive and sustainable growth |
Question 58 |
The PQLI was developed by ................
Planning Commission | |
Nehru | |
Morris | |
D Morrisd.Biswajeet |
Question 59 |
_________ refers to a system of political and social relations between the two countries, of which one is the ruler and the other is its colony
Colonialism | |
Socialism | |
Capitalism | |
All of these |
Question 60 |
The _________ has traded in Goa as early as 1510.
Indians | |
Portuguese | |
Greeks | |
Romans |
Question 61 |
In 1614 _______ was successful in getting permission from Jahangir for setting up factories and slowly moved all parts of India.
Lord William Bentick | |
Lord Cornwallis | |
Sir Thomas Roe | |
Swaminathan |
Question 62 |
Britain had exploited ______ over a period of two countries of its colonial rule.
India | |
England | |
British | |
Europe |
Question 63 |
The East Indian Company had captured political power to secure maximum goods for _______
Maximum payment | |
Minimum payment | |
Normal payment | |
None of these |
Question 64 |
The British capitalists who established _______ in Bengal.
Thread Mills | |
Cotton Mills | |
Rice Mills | |
Jute Mills |
Question 65 |
The Indian handicrafts products had a ________ market
National Market | |
State Level Market | |
Worldwide Market | |
Local Market |
Question 66 |
Indian handicrafts products could not complete with ________ products
Consumer products | |
Intermediate goods | |
Machine made products | |
None of these |
Question 67 |
________ introduce ‘permanent settlement Act.’
Lord Cornwallis | |
Lord William Bentinck | |
Jahangir | |
Visweswaraiah |
Question 68 |
Mahalwari System was introduced by _______
Lord Cornwallis | |
Lord William Bentinck | |
Sir Thomas Munro | |
Captain Alexander Reed |
Question 69 |
Ryotwari Sytem was introduced by ________
Lord Cornwallis | |
Lord William Bentinck | |
Sir Thomas Munro and Captain Alexander Reed | |
All of these |
Question 70 |
Mahalwari System was introduced in _________
1820 | |
1800 | |
1993 | |
1793 |
Question 71 |
The production of coal had risen to over tones per annum.
6 million tones | |
5 million tones | |
3 million tones | |
8 million tones |
Question 72 |
At the end of ______ century there were about 36 Jute Mills, 194 Cotton Mills and good number of plantation industries.
18th Century | |
19th Century | |
20th Century | |
21st Century |
Question 73 |
During the first part of 20th Century swadeshi movement stimulated the ________ process in India.
Liberalization | |
Privatization | |
Industrialization | |
None of these |
Question 74 |
India is the Asia’s ________ largest economy.
First | |
Fifteenth | |
Eighth | |
Third |
Question 75 |
Industries were classified into ______ groups.
One | |
Two | |
Three | |
Four |
Question 76 |
Green Revolution started in India _________
1950 | |
1960 | |
1980 | |
1990 |
Question 77 |
Example for cash crops _______
Sugarcane | |
Cotton and Jute | |
Oil seeds and potatoes | |
All of these |
Question 78 |
Green Revolution had brought prosperity o________ people.
Urban People | |
Rural People | |
City People | |
None of these |
Question 79 |
The First large scale plant was ______
TISCO | |
IISCO | |
SAIL | |
All of these |
Question 80 |
The first public sector unit was ________
TISCO | |
IISCO | |
Vishveshvaraya | |
SAIL |
Question 81 |
Steel Authority of India Ltd (SAIL) was established in ________
1864 | |
1854 | |
1818 | |
1974 |
Question 82 |
The paper industry in India is ranked among the _________ top global paper industries.
10 | |
15 | |
20 | |
25 |
Question 83 |
Oil and Natural Gas commission (ONGC) was established in __________
1950 | |
1952 | |
1956 | |
1960 |
Question 84 |
_______ bank is a bank in which government holds a major portion of the shares.
Public sector | |
Private sector | |
Joint sector | |
Corporations |
Question 85 |
Public Sector banks are classified into categories.
One | |
Two | |
Three | |
Four |
Question 86 |
Plan Holiday ________
1960 – 1965 | |
1963 – 1966 | |
1966 – 1969 | |
1969 – 1972 |
Question 87 |
Duration for twelfth five year plan is ______
1997 – 2002 | |
2002 – 2007 | |
2007 – 2012 | |
2012 – 2017 |
Question 88 |
The Sarva Shiksha Abiyan was introduced in the ______
First five year plan | |
Tenth five year plan | |
Third five year plan | |
Ninth five year plan |
Question 89 |
The aim of Securities and Exchange board of India is _________
To product consumers | |
To protect people | |
To protect weaker sections | |
To protect the interest of investors |
Question 90 |
Bombay stock exchange was established in the year _________
1875 | |
1975 | |
1775 | |
1675 |
Question 91 |
HDI represents ______
Physical attributes | |
Financial attributes | |
Physical and financial attributes | |
Cost of living |
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