9th Grade History Test: Quiz!

The correct answer is "State Bank of India" because SBI stands for State Bank of India. SBI is a government-owned banking and financial services company in India. It is the largest bank in India and offers a wide range of banking products and services to its customers.

Indira Gandhi, the Prime Minister, nationalized fourteen banks on 19th July 1969.

India adopted the Mixed Economy model after independence. This means that the country's economic system includes elements of both private and public ownership. In a mixed economy, the government plays a significant role in regulating and controlling certain sectors, while allowing for private enterprises and market forces to operate as well. This model was chosen by India to promote economic growth, social welfare, and reduce inequalities in society. It allows for a balance between individual freedom and collective responsibility, making it suitable for a diverse and developing country like India.

On 19th July, 1969, 14 major banks in India were nationalized. This means that the government took control and ownership of these banks, making them state-owned institutions. Nationalization of banks is often done to ensure stability in the financial sector, promote economic growth, and provide access to banking services for all citizens. By nationalizing these 14 major banks, the Indian government aimed to regulate and control the banking industry in the country.

The correct answer is State Bank of India. The question asks for the new name of the Imperial bank, which was renamed as the State Bank of India.

Indira Gandhi declared the 20 point programme.

India became a member of the World Trade Organization (WTO) in 1995. The WTO is an international organization that deals with global trade rules and regulations. Joining the WTO allowed India to participate in international trade negotiations, access new markets, and benefit from a more transparent and predictable trading system. This membership has helped India to increase its exports and attract foreign direct investment, contributing to its economic growth and development.

P. V. Narasimha Rao is the correct answer because he was the Prime Minister of India from 1991 to 1996 and is widely credited with initiating economic reforms and liberalization policies, including the policy of globalization. During his tenure, he implemented various measures to open up the Indian economy to foreign investments and trade, which helped in transforming India's economic landscape and integrating it with the global economy. His government's policies laid the foundation for India's economic growth in the subsequent years.

Write correct pair

Write correct pair

Jawahar Lal Nehru was the Prime Minister of India in 1950 when the Planning Commission was established. As the Chairman of the Planning Commission, Nehru played a crucial role in shaping India's economic policies and development plans. He believed in a socialist model of development and focused on industrialization, agriculture, and infrastructure development. Nehru's leadership and vision made him the ideal candidate to head the Planning Commission and guide India's economic growth in its early years as an independent nation.

After the completion of the Second Five-Year plan, three annual plans were implemented.

The correct answer is "World Trade Organisation" because the question is asking for the full form of WTO, which stands for World Trade Organisation.

Huge dams like Bhakra-Nangal were built during the second Five Year plan period. The second Five Year plan in India took place from 1956 to 1961 and focused on industrialization and infrastructure development. The construction of Bhakra-Nangal dam, one of the largest dams in India, began during this period. The dam was built on the Sutlej River in the northern state of Himachal Pradesh and played a crucial role in irrigation, hydroelectric power generation, and flood control in the region.

The Imperial bank was nationalized in 1947, which means that the ownership and control of the bank were transferred from private hands to the government. This was a significant event in the history of the banking sector, as it marked the beginning of government control over the banking industry in India. Nationalization aimed to ensure that the banking system is more accessible and responsive to the needs of the country's economic development.

The correct answer is General Agreement on Tariffs and Trade. GATT was an international trade agreement that aimed to reduce trade barriers and promote free trade among member countries. It was in effect from 1948 to 1995 and was replaced by the World Trade Organization (WTO). GATT focused on reducing tariffs, eliminating quotas, and promoting fair trade practices. It played a significant role in the post-World War II economic recovery and the growth of global trade.

The correct answer is National Rural Employment Programme. This is the full form of NREP. It is a program aimed at providing employment opportunities to the rural population in India. The program focuses on creating sustainable livelihoods for the rural poor by implementing various employment generation activities such as infrastructure development, watershed management, and skill development. The NREP plays a crucial role in reducing poverty and improving the overall socio-economic conditions of rural areas.

The correct answer is "Rural Landless Employment Guarantee Programme" because RLEGP is an acronym that stands for Rural Landless Employment Guarantee Programme. This program aims to provide employment opportunities to individuals in rural areas who do not own any land. It ensures that these landless individuals have access to guaranteed employment and income, thereby reducing poverty and improving livelihoods in rural communities.

SEBI stands for Securities and Exchange Board of India. It is the regulatory body for the securities market in India. SEBI was established in 1988 to protect the interests of investors and promote the development and regulation of the securities market. It plays a crucial role in ensuring fair and transparent trading practices, regulating intermediaries, and maintaining the integrity of the market. SEBI has the authority to regulate and supervise various entities in the securities market, including stock exchanges, brokers, and issuers of securities. Its primary objective is to create a conducive environment for investors and promote the growth of the Indian capital market.

The correct answer is South Asian Association for Regional Cooperation. SAARC is an organization formed by eight South Asian countries to promote regional cooperation and integration. It aims to enhance economic and social development in the region through various initiatives such as trade, investment, and cultural exchanges. The full form of SAARC clearly reflects its purpose and the geographical area it represents, which is South Asia.

The full form of SAPTA is South Asia Preferential Trade Agreement. This agreement was signed in 1993 by the South Asian countries, including Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. SAPTA aimed to promote trade liberalization among these countries by reducing tariffs and other trade barriers. The agreement was later replaced by the South Asian Free Trade Area (SAFTA) in 2006, which further expanded the scope of trade cooperation in the region.

The correct answer is Integrated Rural Development Programme. The IRDP is a government initiative aimed at promoting holistic development in rural areas. It focuses on various aspects such as agriculture, infrastructure, education, healthcare, and employment generation. By integrating these different sectors, the program aims to uplift rural communities and improve their overall quality of life.