Indian Economy After Independence Quiz
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Questions and Answers

Under the new economic policy, foreign technology was approved for which type of industries?

  • High priority industries (correct)
  • Cottage industries
  • Micro enterprises
  • Small scale industries
  • After Independence, what economic system did India adopt?

  • Socialism
  • Mixed Economy (correct)
  • Capitalism
  • Communism
  • What is the current number of industries reserved for the public sector in India?

  • 7
  • 3
  • 5 (correct)
  • 9
  • In an Assertion and Reasoning type format, what can be inferred about the increase in the number of industries reserved for the public sector?

    <p>(A) is false and (R) is not the correct explanation of (A)</p> Signup and view all the answers

    After Independence, India had adopted.... a ) Socialism b ) Capitalism ______ d ) Communism

    <p>c) Mixed Economy</p> Signup and view all the answers

    The new economic policy approved foreign technology in a ) Cottage industries b ) Small scale industries c ) Micro enterprises ______

    <p>d ) High priority industries</p> Signup and view all the answers

    At present, the number of industries reserved for public sector has been reduced to...... a ) 3 ______ c ) 7

    <p>b ) 5</p> Signup and view all the answers

    Assertion and Reasoning type questions: Reasoning ( R e increase in the a ) ( A ) is TR b ) ( A ) is F c ) ( A ) a the co d ) ( A ) not t 3 ) Asser dome Rea had b

    <p>This statement is unclear and cannot be completed as a valid question</p> Signup and view all the answers

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