12th Grade > Economics - 2
POST INDEPENDENCE MCQs
Total Questions : 30
| Page 2 of 3 pages
Answer: Option B. -> Land ceiling
:
B
Land ceiling refers to the reform of fixing the maximum quantity of land an individual can hold.
:
B
Land ceiling refers to the reform of fixing the maximum quantity of land an individual can hold.
Answer: Option B. -> 1951
:
B
The first five-year plan came out in 1951.
:
B
The first five-year plan came out in 1951.
Answer: Option D. -> P.C Mahalanobis
:
D
P.C Mahalanobis came up with the second FYP.
:
D
P.C Mahalanobis came up with the second FYP.
Answer: Option B. -> The policies for development
:
B
Britain had an indirect path for development, while in USA, development was direct and rapid.
:
B
Britain had an indirect path for development, while in USA, development was direct and rapid.
Answer: Option C. -> Import substitution
:
C
This policy is called import substitution.
:
C
This policy is called import substitution.
Answer: Option A. -> Capitalist
:
A
In capitalist economy, market is the main determinant of the economy.
:
A
In capitalist economy, market is the main determinant of the economy.
Answer: Option A. -> Reserve Bank of India
:
A
RBI is the central banker of India.
:
A
RBI is the central banker of India.
Answer: Option C. -> Incentive
:
C
Here, the farmer had an incentive to increase productivity of the land because it was his/her own.
:
C
Here, the farmer had an incentive to increase productivity of the land because it was his/her own.
Answer: Option D. -> Heavy industries
:
D
Focus of the second FYP rested on heavy industries.
:
D
Focus of the second FYP rested on heavy industries.
Answer: Option D. -> Finance
:
D
Finance witnessed some of the greatest revolutions in the western nations.
:
D
Finance witnessed some of the greatest revolutions in the western nations.
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