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Indian Economic Policies Quiz
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Indian Economic Policies Quiz

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Questions and Answers

What is the primary goal of the Indian government's agricultural policy?

  • Providing price stability for agricultural goods
  • Increasing agricultural production and productivity (correct)
  • Ensuring environmental sustainability of agriculture
  • Promoting international trade of agricultural commodities

    • Which of the following is NOT a key component of India's agricultural policy?

  • Cooperative policy
  • Monetary policy (correct)
  • Land reform policy
  • Price policy

    • How does industrial development benefit other sectors of the economy?

  • It promotes research and development in the agricultural sector
  • It leads to modernization of the service sector
  • It creates employment opportunities across all sectors
  • All of the above (correct)

    • When did the Indian government first enact an industrial policy?

    <p>After independence in 1947</p> Signup and view all the answers

    What is a key goal of India's industrial policy?

    <p>Promoting self-sufficiency and reducing imports</p> Signup and view all the answers

    How does industrial development benefit the agricultural sector?

    <p>It leads to the development of new farming technologies</p> Signup and view all the answers

    What was the term 'Gross National Happiness' coined in?

    <p>1972</p> Signup and view all the answers

    Which of the following is not one of the four pillars of Gross National Happiness (GNH)?

    <p>Economic growth</p> Signup and view all the answers

    What is the full form of the economic reforms model known as 'LPG'?

    <p>Liberalisation, Privatisation, and Globalisation</p> Signup and view all the answers

    Which of the following is not one of the nine domains of Gross National Happiness (GNH)?

    <p>Economic growth</p> Signup and view all the answers

    Which of the following policies is not mentioned in the given text?

    <p>Fiscal policy</p> Signup and view all the answers

    How did the economic reforms introduced in the 1990s influence the overall economic growth of India?

    <p>They influenced the overall economic growth of the country in a significant manner.</p> Signup and view all the answers

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