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

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)

Read the following statements carefully and choose the correct alternatives given below:

• Statement 1 – Subsidies do not add any burden on the financial health of a nation.
• Statement 2 – Complete removal of subsidies may violate the aim of equitable distribution of income.

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:

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.

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

Match the following:

Industrial Policy Resolution (IPR) 1956 formed the basis of the_________ Five Year Plan. (Fill up the blank with the correct alternative)

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.

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?

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:

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?

Identify the classification that falls outside the purview of the Industrial Policy Resolution, of 1956. (Choose the correct alternative)

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

• Assertion (A) – Major policy initiatives (land reforms and Green Revolution) helped India to become self-sufficient in food grains production.
• Reason(R) – The proportion of people depending on agriculture did not decline as expected after the Green Revolution.

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)

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