Indian Economy 1950-1990 Class 12 MCQ Quiz – Test Your Knowledge!

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Are you ready to test your understanding of "Indian Economy 1950-1990" from Class 12 Economics? This chapter covers the economic policies, five-year plans, industrial development, and the role of public and private sectors in shaping India's post-independence economy.

About the Quiz

  • Chapter Name: Indian Economy 1950-1990
  • Subject: Economics
  • Book: NCERT Class 12 Economics
  • Question Type: Multiple Choice Questions (MCQs)
  • Leaderboard: Yes (Check Your Rank!)

Why Take This Quiz?

✔ Strengthens your CBSE board exam preparation
✔ Helps in understanding economic planning in India
✔ Enhances knowledge of industrial and agricultural policies
✔ Tracks your progress with the leaderboard

Click Below to Start the Quiz!

Chapter 2-Indian Economy 1950-1990

1 / 15

There are two statements given below, about the changes in India's structural composition in the period 1950-1990.

  1. At the beginning of this period, the share of agriculture in the GDP was the highest.
  2. The increase in agricultural productivity during this period led to a further increase in the share of agriculture in the GDP by the end of this period.

Which of these statements is/are true?

2 / 15

There are two statements given below, marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.

  • Assertion (A): India’s Green Revolution is an example of how the productivity of scarce land resources can be increased with improved production technology.
  • Reason (R): Because of the Green Revolution, farmers produced far larger quantities of foodgrains than was possible earlier, on the same piece of land.

3 / 15

State whether the given statement is true or false:

The mechanization of Indian agriculture was one of the causes of the Green Revolution in India.

4 / 15

What kind of tariff policy was needed to protect domestic producers from foreign competition, after independence?

5 / 15

What was the purpose of the import substitution policy in India?

6 / 15

C. Rajagopalachari, a founder of the Swatantra Party, coined the term 'permit-license raj' to encapsulate the party's frustrations with Nehru's policies, writing in his magazine Swarajya: I want the corruptions of the Permit/Licence Raj to go... I want real, equal opportunities for all and no private monopolies created by the Permit/Licence Raj.

How were these private monopolies indulging in the corruption that C. Rajagopalachari talks about?

7 / 15

Which of the following was not a reason for the public sector to play a major role in the initial phase of Indian Economic Planning? (choose the correct alternative)

8 / 15

What was the primary goal of the Karve committee constituted in 1955?

9 / 15

Read the following statements - Assertion (A) and Reason (R):

  • Assertion (A) – The goal of equitable distribution of land was fully served by the abolition of intermediaries, in post-independence India.
  • Reason(R) – Big landlords challenged the land ceiling legislation, delaying the implementation and subsequently escaping from the legislation.

From the given alternatives choose the correct one:

10 / 15

Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column I:

Column IColumn II
A. Land Ceilingi. Increase in production of food grain using high yielding variety seeds
B. Land reformsii. Portion of agricultural produce sold in the market
C. Green Revolutioniii. Fixing the maximum limit of land holding for an individual.
D. Marketed Surplusiv. Change in the ownership of land (land to tillers)

11 / 15

Which economic system is characterized by the provision of goods and services based on the needs of society?

12 / 15

__________committee was set up for the development and promotion of small-scale industries in India.

13 / 15

There are two statements given below, marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.

  • Assertion (A): Land redistribution efforts have failed in reducing levels of poverty in rural India.
  • Reason (R): The per capita availability of agricultural land has steadily declined in rural India due to population growth.

14 / 15

Read the following statements - Assertion (A) and Reason ( R)

  • Assertion (A): Many public sector undertakings incurred huge losses due to operational inefficiencies.
  • Reason (R): Red-tapism was one of the reasons for the continuation of such enterprises.

Select the correct alternative from the following:

15 / 15

Before the advent of the Green Revolution in 1960s, India was primarily dependent on _________for the supply of food grains. (Fill in the blank with the correct alternative)

Your score is

The average score is 66%

Leaderboard – Top Scorers

Check the top scorers here!

Pos.NameScoreDurationPoints
1prisha100 %1 minutes 38 seconds15
2Jugnu100 %1 minutes 41 seconds15
3Prisha93 %1 minutes 14 seconds14
4honey93 %2 minutes 10 seconds14
5Charu93 %3 minutes 18 seconds14
6Anuj93 %4 minutes 39 seconds14
7SHEREENA87 %6 minutes 31 seconds13
8Meena87 %23 minutes 17 seconds13
9prisha80 %1 minutes 24 seconds12
10prisha80 %3 minutes 28 seconds12
11mghh80 %5 minutes 28 seconds12
12ghj73 %4 minutes 25 seconds11
13Mouli Gupta73 %4 minutes 50 seconds11
14harshini73 %5 minutes 46 seconds11
15mahadev73 %6 minutes 31 seconds11
16Drishti Anjna73 %23 minutes 32 seconds11
17zx67 %6 minutes 29 seconds10
18Ram67 %6 minutes 48 seconds10
19ANBUSELVI60 %7 minutes 25 seconds9
20Navdeep kaur60 %7 minutes 46 seconds9
21charu60 %12 minutes 9 seconds9
22n60 %17 minutes 56 seconds9
23Srisha53 %9 minutes 7 seconds8
24avani47 %2 minutes 22 seconds7
25Daksh47 %4 minutes 41 seconds7
26raj47 %6 minutes 51 seconds7
27kavya47 %7 minutes7
28S.k47 %7 minutes 47 seconds7
29honey40 %5 minutes 8 seconds6
30Jugnu40 %6 minutes 18 seconds6
31Aparna tripathi40 %7 minutes 42 seconds6
32clamen doss40 %15 minutes 21 seconds6
33tushar kumar33 %23 minutes 16 seconds5
34Shruti Gari27 %4 minutes 27 seconds4

Key Topics Covered in the Quiz

✔ Economic Planning and Five-Year Plans
✔ Industrial Policy and Public Sector Enterprises
✔ Green Revolution and Agricultural Reforms
✔ Trade and Foreign Policies
✔ Role of LPG (Liberalization, Privatization, Globalization)

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Also See:  CBSE Class 12 History Syllabus 2026-27: Download PDF & Full Exam Pattern

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