CBSE Questions for Class 12 Commerce Economics Indian Economy (1950-1990) Quiz 1 - MCQExams.com

Which of the following was not reserved for the government in Industrial Policy Resolution, 1956?
  • Iron and steel
  • Atomic energy
  • Railway transport
  • None of these
Grouping of small land holdings into a bigger one is called ______________.
  • Ceiling on land holdings
  • Collectivisation
  • Cooperative farming
  • Consolidation of land holdings
Under indian Iindustrial development we consider which sector?
  • Public sector
  • Private sector
  • Both
  • None of the above
The 'Mahalanobis Committee' was set up to study _____________.
  • direct taxes
  • land reforms
  • income distribution
  • community development programme
The Mahalanobis model was developed for which of the following plans?
  • First Five Year Plan
  • Second Five Year Plan
  • Third Five Year Plan
  • Fourth Five Year Plan
Land reforms refer to _______.
  • abolition of intermediaries
  • tenancy reforms
  • ceilngs on land holdings
  • All of the above
Which one of the following has not been a part of the land reforms programme in India?
  • Ceiling on holdings
  • Consolidation of holdings
  • Agricultural holdings tax
  • Zamindari abolition
Which one of the following has not been a part of land reforms programme in India ?
  • Imposition of land revenue
  • Abolition of intermediaries
  • Ceiling on land holdings
  • Tenancy reforms
Industrial resolution policy (1956) enlarged the scope of ______ participation in India.
  • private sector
  • joint sector
  • public sector
  • foreign funds
When was the industrial policy resolution launched in India?
  • 1960
  • 1955
  • 1965
  • 1956
State another name for import substitution strategy.
  • Backward looking trade strategy
  • Forward looking trade strategy
  • Inward looking trade strategy
  • Outward looking trade strategy
Capitalism is also known as 
  • Market economy
  • Mixed economy
  • Open economy
  • None
Mahalanobis was born in 1893, in which city?
  • Delhi
  • Mumbai
  • Calcutta
  • Lucknow
In India planning the strategy of industrial development of Prof Mahalanobis was based on which of the following?
  • Russian experience
  • Experience of the UK
  • The policies followed by the American economy
  • Emphasis on agriculture
Green Revolution commenced in the year __________.
  • 1946
  • 1966
  • 1986
  • 2006
Zamindari or landlord system was introduced in ________.
  • 1770
  • 1772
  • 1793
  • 1860
The second plan's programme of industrialization was based on the _____ model
  • The Britishers in India
  • VV.Bhatt
  • P.C Mahalanobis
  • Vera Anstey
Abolition of intermediaries and tenancy reforms are both parts of _________.
  • banking reforms in India
  • land reforms in India
  • external sector reforms in India
  • industrial reforms in India
Mahalanobis Model stressed upon the establishment of -
  • Consumer Goods Industries
  • Export-oriented Industries
  • Agro-based Industries
  • Capital and Basic Goods Industries
Market failure can occur because of
  • External factors
  • Unequal information to consumer
  • Perfect competition among business
  • None of the above
0:0:1


Answered Not Answered Not Visited Correct : 0 Incorrect : 0

Practice Class 12 Commerce Economics Quiz Questions and Answers