Indian EconomyOnline Test

Indian Economy after Independence

Indian Economy Before and After Independence

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