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India's Economic Development
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India's Economic Development

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Questions and Answers

Which government body was responsible for the establishment of five year plans in India?

  • Reserve Bank of India
  • Planning Commission (correct)
  • Ministry of Finance
  • Department of Economic Affairs
  • What was the main focus of the two chapters in this unit?

  • Factors leading to underdevelopment of the Indian economy (correct)
  • Overview of the Indian economy in 1947
  • Goals of five year plans
  • Critical appraisal of planned development
  • When did India gain independence?

  • 1950
  • 1970
  • 1947 (correct)
  • 1960
  • What was the path that India chose after independence?

    <p>Planned development</p> Signup and view all the answers

    Which statement accurately describes the role of India in the British Empire?

    <p>India was the most important part of the Empire</p> Signup and view all the answers

    Which government body was responsible for the establishment of five year plans in India?

    <p>Planning Commission</p> Signup and view all the answers

    What was the main goal of the five year plans in India?

    <p>To promote industrial growth</p> Signup and view all the answers

    What was the state of the Indian economy in 1947?

    <p>Underdeveloped and stagnant</p> Signup and view all the answers

    What factors led to the underdevelopment and stagnation of the Indian economy?

    <p>All of the above</p> Signup and view all the answers

    What was the role of India in the British Empire?

    <p>India was the center of the British Empire</p> Signup and view all the answers

    Which country did India gain independence from?

    <p>United Kingdom</p> Signup and view all the answers

    When did India become a republic?

    <p>26 January 1950</p> Signup and view all the answers

    What was the name of the law that transferred legislative sovereignty to the Indian Constituent Assembly?

    <p>Indian Independence Act</p> Signup and view all the answers

    What was the name of the prefix that was replaced with the enactment of the Constitution of India?

    <p>Dominion of India</p> Signup and view all the answers

    What event coincided with India's independence and resulted in violent riots and mass casualties?

    <p>Partition of India</p> Signup and view all the answers

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