NCERT Class 11 Chapter 2 Economics Indian Economy 1950 MCQ

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1. 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

2. 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

3. 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

4. When was the National Development Council (NDC. set up as an adjunct to the Planning Commission?

A. 1950

B. 1969

C. 1952

D. 1979

5. All the state government imposed land ceiling in 1960 except

A. South-western

B. North-western

C. South-eastern

D. North-eastern

6. How many industries have been reserved for the public sector under Industrial Policy Resolution, 1956?

A. 17

B. 21

C. 15

D. 2

7. 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

8. IADP stands for

A. Integrated Agriculture Development Product

B. Intensive Area Development Programme

C. Integrated Area Development Product

D. Intensive Area Development Product

9. 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

10. Agriculture education ,health and infrastructure were the priority areas in which five year plan.

A. 11th

B. 12th

C. 9th

D. 10th

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11. 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

12. When was Twelfth five year plan started

A. 2007-2012

B. 1997-2002

C. 2012-2017

D. 2002-2007

13. Agriculture education ,health and infrastructure were the priority areas in the

A. 12th

B. 9th

C. 11th

D. 10th

14. 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

15. 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

16. Who is the architect of Indian planning?

A. K.N. Raj

B. PC. Mahalanobis

C. R.C. Desai

D. Dadabhai Navoroji

17. 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

18. What prevented firms from becoming efficient?

A. Tarrifs

B. Quotas

C. Permit License Raj

D. New Economic Policy

19. Schedule________ comprise of industries which would be exclusively owned by the state:

A. A

B. B

C. C

D. None of these

20. When was Planning commission established

A. 20th March 1951

B. 5th March 1951

C. 15th March 1951

D. 25th March 1951

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21. 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

22. 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

23. 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

24. 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

25. 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