Indian Economy Mcq Questions

Indian Economy Mcq Questions

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Q1. The colonial government never made any sincere attempt to estimate India’s national and per capita income. Who among the following were the Indian estimators who attempted to measure such Incomes?
a) Dadabhai Naoroji
b) William Digby
c) V.K.R.V Rao
d) Motilal Nehru
i) a & b
ii) a& c
iii) c & d
iv) none
Q2. Which of the following statements are correct with reference to the zamindari system:
a) The profit accruing out of the agriculture sector was proposed to go to the cultivators
b) The main interest of the zamindars was only to collect rent regardless of the economic condition of the cultivators.
i) Both are correct
ii) B is correct
iii) Both are incorrect
iv) (b) correct (a) incorrect
Q3. With reference to revenue settlement, evaluate the following:
a) The zamindars adopted coercive attitude irrespective of the provisions of the revenue settlement.
b) The zamindars demanded revenues anytime, at their will.
i) Both are incorrect
ii) (a) correct
iii) (b) correct (a) incorrect
iv) Bothe are correct
Q4. Which of the following contributed to the dismal level of agricultural productivity during the colonial times?
a) Low levels of technology
b) Lack of irrigation facilities
c) Abundant use of fertilisers
i) (a) only
ii) (a) and (b)
iii) (b) only
iv)all of the above
Q5. There was a relatively high yield of cash crops in certain areas of the country due to commercialisation of agriculture.
a) This greatly helped the farmers in improving their economic condition
b) The cash crops produced was ultimately consumed by the urban Indian classes
i) Both are incorrect
ii) (a) correct
iii) Both are correct
iv) None
Q6. Which of the following were /was part of strategy of the colonial government regarding Indian industry?
a) The intension was to first turn India into a sprawling market for raw materials from other colonies of the British.
b) It wanted India to become exporter of its unique handicrafts cheaply to Britain and its colonies
i) Both are correct
ii) (b) only
iii) Both are incorrect
iv) (a) only
Q7. Which of the following are correct with reference to the decline of the indigenous handicraft industries during the colonial time?
a) The demand in the Indian consumer market also declined
b) It created massive unemployment
i) Both are incorrect
ii) (a) only
iii) Both are correct
iv) (b) correct (a) incorrect
Q8. The modern industry during the second half of the nineteenth century was confined to the setting up of cotton and jute textile mills:
a) The jute mills, mainly dominated by Indians, were located in the western parts of the country, namely, Maharashtra & Gujarat
b) The cotton textile mills, dominated by the foreigners, were mainly concentrated in Bengal
i) Both are correct
ii) (i) correct
iii) (ii) correct(i) incorrect
iv) Both are incorrect
Q9. (i) Capital goods industry means industries which provide financial capital for setting up of industries & factories only
(ii) A large number of capital goods industries came up in second half of the nineteenth century
a) Only (i)
b) Only(ii)
c) Both are correct
d) None
Q10. Which of the above are correct with regard to industrial sector in the second half of the nineteenth century?
a) Only (i)
b) Both are correct
c) Both (i) & (ii)
d) Neither (i) nor (ii)

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ANSWERS:

1. (ii)
2. (iv)
3. (i)
4. (ii)
5. (i)
6. (iii)
7. (iv)
8. (iv)
9. (b)
10. (d)