Ch-1-MCQ PDF - Multiple Choice Questions - Indian Economy

CHAPTER-1-INDIAN ECONOMY ON THE EVE OF INDEPENDENCE MULTIPLE CHOICE QUESTIONS 1 Per capita income refers to (a) Income per head of total population in the country (b) Income per head of total labour force in the country (c) Inc...

CHAPTER-1-INDIAN ECONOMY ON THE EVE OF INDEPENDENCE MULTIPLE CHOICE QUESTIONS 1 Per capita income refers to (a) Income per head of total population in the country (b) Income per head of total labour force in the country (c) Income per head of total workforce force in the country (d) None of these 2 Export surplus refers to (a) Value of export > value of import (b) Value of export < value of import (c) Value of export = value of import (d) None of these 3 Wealth drain is associated with (a) R C Desai (b) Dadabhai Naoroji (c) V V K R V Rao (d) WilliamDigdy 4 Estimation of National Income by --------------------- is considered most significant. (a)R C Desai (b)Dadabhai Naoroji ( c)V V K R V Rao (d)WilliamDigdy 5 First official census in India was conducted in : (a) 1871 (b) 1881 ( c) 1891 (d) 1981 6 Demography is related to (a) Study of infants (b) Study of adults (c) Study of women (d) Study of population 7 Which of the following is not an economic infrastructure ? (a) Energy (b) Transportation (c) Housing (d) Communication 8 What is the second stage of demographic transition in India ? (a) High birth rate and high death rate (b) Low birth rate and low death rate (c) High birth rate and low death rate (d) Low birth rate and high death rate 1|Page 8 October 2021,ZIET BHUBANESWAR 9 Why is the year 1921 called the year of great divide ? (a) Population started increasing at an alarming rate (b) Population started increasing at an increasing rate (c) Population started increasing (d) None of these 10 Which of the followings is/are positive contribution of Britishers I India ? (a) Railway (b) Monetary exchange ( c) Administrative system (d) All of these 11 Commercial farming refers to : (a) Farming for self consumption (b) Farming for exports (c) Farming for selling purpose (d) None of these 12 Social infrastructure includes : (a) Health (b) Housing ( c) Education (d) All of these 13 The infant mortality rate is the number of infant deaths for every ------------- live births. (a) 100 (b) 1000 ( c) 10,000 (d) 1,00,000 14 The objective of the Britishers to turn India a (a) Dependent economy (b) Independent economy (c) feeder economy (d) none of these 15 Which sector dominated Indian economy during British rule in India ? (a) Primary sector (b) Secondary Sector ( c) Tertiary sector (d) organized sector 16 Which industry suffered a major setback during the British rule? A)Cement B)Iron and Steel C)Handicraft D)Paper 17 TheTata Iron and Steel Company was established in:- A)1857 B)1907 C)1921 D)1951 2|Page 8 October 2021,ZIET BHUBANESWAR 18 Which of the following was not the feature of Indian agriculture on the eve of Independence? A)High degree of uncertainty B) Land holdings were fragmented C)Farming was considered to be as an activity of self consumption D)None of the above 19 What was the objective behind the growth and development of means of transport during the British period? A)Toindustrialise the country B)To serve the interests of Indian company C)To transport finished goods from England to the interiors of colonial India D)Development of infrastructure in India 20 Occupational structure refers to: A)Distribution of working force among the different occupations B)Nature of different occupations C)Size of working force in a country D)Number of people living in a country 21 Which industry was adversely affected due to partition? A)Silk B)Cotton C)Jute D)Nylon 22 During the British rule, the condition of India’s foreign trade was:- A)Exporter of raw material B)Surplus on account of foreign trade was spent on war expenses C)Importer of finished goods produced in the British industries D)All of the above 23 Which is the following the most important infrastructure developed during the British rule? A)Airways B)Railways C)Waterways D)None of these 3|Page 8 October 2021,ZIET BHUBANESWAR 24 Which of the following was not the feature of Indian Demographic profile on the eve of independence? A)Death rate was low B)Birth rate was high C)Low life expectancy D)High infant mortality rate 25 Which of the following does not describe the Zamindari system in India? A)Zamindars were the owners of the land and farmers were the tillers of the soil B)Zamindars used to pay any amount of tax to the state C)Zamindars used to charge high amount of rent from the farmers D)Amount of the rent was not fixed. 26 Which of the following marks the negative impact of British rule in India? A)Developed commercial outlook of the farmers B)Change on composition of India’s foreign trade C)Introduction of administrative and monetary system of India D)Commercialisation of agriculture 27 India’s jute industry suffered heavily due to………………after partition. A)Lack of raw material B)Famines C)Earthquakes D)None of these 28 What was the principal source of occupation during the British rule? A)Agriculture B)Mining C)Manufacturing D)Trade and commerce 29 More than half of India’s foreign trade was restricted to: A)China B)Britain C)Korea D)Sri Lanka 4|Page 8 October 2021,ZIET BHUBANESWAR 30 Farming which focuses on basic needs of the family is called: (a) Stagnant farming (b) Subsistence farming (c) Commercial farming (d) None of these 31 Decay of handicrafts was caused by: (a) British tariff policy (b) Competition from machine-made products (c) Change in the patterns of demand (d) All of these 32 On the eve of independence, India was net exporter of: (a) Primary products (b) Industrial products (c) Capital goods (d) All of these 33 High infant mortality is a sign of: (a) Extreme poverty (b) Poor healthcare (c) Both (a) and (b) (d) None of these 34 Gender-bias in the society on eve of independence was indicated by: (a) Mortality rate (b) Literacy rate (c) Death rate (d) Life expectancy 35 During colonial period, India's demographic profile showed: (a) High birth rate (b) High death rate (c) High infant mortality (d) All of these 36 During the British rule, the agricultural sector experienced stagnation mainly due to the: (a) Land settlement systems (b) Foreign trade (c) Infrastructure (d) Industries 37 The opening of the Suez Canal in 1869: (a) Raised the cost of transportation between Britain and India. (b) Intensified British control over India’s foreign trade. (c) Reduced the cost of transportation and made access to the Indian market easier. (d) Both (b) and (c) 5|Page 8 October 2021,ZIET BHUBANESWAR 38 Arrange the following events of India before the independence in chronological order: (i) The opening of the Suez Canal (ii) Introduction of the railways (iii)Second stage of demographic transition (iv) Incorporation of the Tata Iron and Steel Company (a) i,ii,iii,iv (b)ii,i,iv,iii (c) ii,iv,iii,i (d)iv,iii,ii,i 39 Most of the studies disclosed that India’s growth of aggregate real output during the first half of the twentieth century was less than (a) 0.5% (b) 5% (c) 2% (d) 1.5% 40 Various details about the population of British India were first collected through a census in. (a) 1881 (b) 1911 (c) 1921 (d) 1951 41 On the eve of independence, the proportion of population engaged in agricultural sector was: (a) approx. 40-50% (b) approx. 50-60% (c) approx. 60-65% (d) approx. 70-75% 42 The economic policies pursued by the colonial government in India were concerned with the protection and promotion of the economic interests of their home country. How did these policies affect the Indian Economy? (a) Higher rate of growth of industries, especially Handicraft Industries. (b) It transformed the country into supplier of raw materials. (c) The country became consumer of finished products from Britain. (d) Both (b) and (c) 43 The British rule led to the collapse of India’s world famous handicraft industries. What was its effect on Indian economy? (a) Massive unemployment in India (b) Increasing imports of cheap manufactured goods from Britain. (c) Both (a) and (b) (d) Neither (a) nor (b) 44 In how many sectors is the occupational structure of India is divided? (A) One (B)Two (C) Three (D) Four 6|Page 8 October 2021,ZIET BHUBANESWAR 45 What is another name for the service sector? (A)Tertiary (B) primary (C) secondary (D) agriculture 46 What was the nature of the Indian economy on the eve of Independence? (A) stagnant (B) backward (C) underdeveloped (D) all of these 47 What was the life expectancy at birth in India on the eve of Independence? (A) 44 years (B) 50 years (C) 60 years (D) all of these 48 Where was the first iron and Steel company established? (A) Kolkata (B) Jamshedpur (C) Patna (D) Ranchi 49 Which of the following economist estimated per capita income during colonial period (A) William Digby (B) Findley Shirras (C) Dada Bhai Naoroji (D) All of these 50 The foundation of British Empire in India was laid by Battle of Plassey, fought in _________. A.1758 B.1575 C.1757 D.1577 51 _____________________ of agriculture means production of crops for sale in the market rather than for self-consumption. A.Generalisation B.Colonisation C.Commercialisation D. Surplus 52 What was the infant mortality rate during the British period? A.218/1000 B. 88/1000 C. 200/1000 D. 160/1000 53 Among the notable estimators — Dadabhai Naoroji, William Digby, Findlay Shirras, V.K.R.V. Rao and R.C. Desai — it was ………….., whose estimates during the colonial period was considered very significant. Fill in the black with correct option given below A. William Digby, B. Dadabhai Naoroji, C. Findlay Shirras D. V. K. R. V. Rao 7|Page 8 October 2021,ZIET BHUBANESWAR 54 Suez Canal was opened in: (a) 1867 (b) 1868 (c) 1869 (d) 1870 55 Which sector was the major contributor to GDP of the country as well as the biggest employer on the eve of independence? (a) Agriculture (b) industry (c) Services (d) Manufacturing 56 During British period , Indian economy was A- semi feudal economy B -disintegrated economy C- colonial economy D- all of above 57 In British India the cloth industry was concentrated at A –Ahmadabad B – Hyderabad C – Bengluru D – Ghazibad 58 During the British rule, high mortality rate was due to:- a) Inadequate public health facilities b) Occurrence of frequent natural calamities c) Both (a) and (b) d) Neither (a) nor (b) 59 When did modern industry began take root in India? A – second half of 18th century B – first half of 20th century C - second half of 19th century D - first half of 19th century 60 There was a lack of which kind of industries in the colonial period? A - consumer goods industry B – luxury goods industry C – capital goods industry D – private goods industry 8|Page 8 October 2021,ZIET BHUBANESWAR 61 The impact of British policy on India economic structure was:- a) India becomes supplier of raw materials and consumer of finished industrial products from Britain b) India became supplier of finished product to Britain c) India became supplier of finished industrial products and consumer of raw materials from Britain d) Both B and C 62 Capital goods industries are those industries which:- a) Helps in Production of consumers good directly b) Helps in production of machines and tools which produce consumer goods c) Helps in agriculture production only d) Needs more capital 63 Under colonial dispensation the economic policies of the government were concerned with:- a) Development of handicraft industries b) Development of the colonized country c) Promotion of British economic interest d) None of these 64 The opening of Suez Canal served as a direct route for ships operating between:- a) India and America b) India and Britain c) India and Srilanka d) India and Pakistan 65 The exports surplus during the British rule was used:- a) To make payments for expenses incurred by an office set up by the colonial government in Britain. b) To meet expenses on war fought by the British government. c) To import invisible items. d) All of these. 66 Before 1921, India was in the ______________ of demographic transition. a) First stage b) Second stage c) Third stage d) None of the above 67 High Birth Rate and Low Death Rate represents ___________ stage of demographic transition. a) Third b) First c) Second d) First and second 68 The railways affected the structure of the Indian economy in two ways- a) Commercialization of crops b) Indian village becomes self-sufficient. c) Broken the geographical and cultural barriers d) Only A and C 9|Page 8 October 2021,ZIET BHUBANESWAR  ANSWER 1.(a) 2. (a) 3. (b) 4. ( c) 5. (b) 6. (d) 7. ( c) 8. (c) 9. ( c) 10. (d) 11. ( c) 12. (d) 13. (b) 14. ( c) 15. (a) 16- (C) 17- (B) 18- (D) 19-(C) 20-(A) 21-(C) 22- (D) 23-(B) 24-(A) 25-(B) 26-(B) 27-(A) 28-(A) 29-(B) 30-B 31-D 32-A 33-C 34-B 35-D 36-A 37-D 38-B 39-C 40-A 41-D 42-D 43-C 44-C 45-A 46-D 47-A 48-B 49-D 50-C 51-C 52-A 53-D 54-C 55-A 56-D 57-A 58-A 59-C 60-C 61-A 62-B 63-C 64-B 65-D 66-A 67-C 68-D PREPIRED BY : PGT ECONOMICS OF BHUBANESWAR, GUWAHATI, KOLKATA, RANCHI, SILCHAR AND TINSIKIA REGION. 10 | P a g e 8 October 2021,ZIET BHUBANESWAR