Indian Economy 1950-1990 - Quiz 01

10 Questions | Total Attempts: 11

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Indian Economy 1950-1990 - Quiz 01

Economics Quiz 01. BY - Bamdev Baghar , Aniket Mishra (Kendriya Vidyalaya - 2 , C. R. P. F, Bhubaneswar)


Questions and Answers
  • 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 a goal of five year plan?
    • A. 

      Growth and modernisation

    • B. 

      Green revolution

    • C. 

      Land reforms

    • D. 

      None of the above

  • 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. 

      1949 - 1954

    • C. 

      1951-1956

    • D. 

      1955-1956

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

      Quotas and tariffs

    • B. 

      Tariffs

    • C. 

      Export promotion

    • D. 

      All of these

  • 8. 
    Land Ceiling refers to:
    • A. 

      Fix rural landholdings at the existing level

    • B. 

      Fix land area for irrigation purposes

    • C. 

      Fix urban landholdings at the existing level

    • D. 

      Fix quantum of land held by an individual

  • 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

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