Indian Economy on the Eve of Independence Class 12 MCQ Quiz – Test Your Knowledge!

Arrange the following event in the correct chronological order:

1. The Year of the Great Divide
2. Establishment of Tata Iron and Steel Company (TISCO)
3. Introduction of Railways in India by the British
4. Opening of Suez Canal

In 1951, _____ of the working population was dependent on agriculture.

The colonial government made no sincere attempts to estimate India’s national and per capita income, but most studies found that India’s national income growth in the pre-Independence era was _____, and per capita income growth was _____.

Which of the following is a cash crop?

Prior to India’s independence, the stagnation in the agricultural sector was mainly caused by _____.

India entered the _____ stage of Demographic Transition after the year 1921.

Identify, which of the following indicates the adverse impact of British rule in India.

In which year was India’s first Official Census conducted?

In the Swadeshi movement against the British, which started in 1905, Indians started ditching British goods for Indian products.

Which of the following would have been the likely impact of the movement?

P: rise in import of raw materials

Q: fall in imports from Britain

R: rise in production of goods in India

S: rise in export tariffs

Which of the following is correct in respect of the public sector on the eve of independence?

Before the advent of British rule, in which industries did India excel?

Identify the result of the large export surplus during the colonial period.

Which among the following state did not witness an increase in the workforce in the manufacturing and service sector during British India?

Assertion (A): India became an exporter of primary products and an importer of finished consumer and capital goods produced in Britain.

Reason (R): Restrictive policies of commodity production, trade, and tariff pursued by the colonial government adversely affected the structure, composition, and volume of India’s foreign trade.

When was TISCO incorporated?