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Indian Economy 1950 1990 Quiz 2 (25 MCQs)

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1. Large increase in production of food grains resulting from the use of HYV seeds is called _____
2. It is a conscious design to shape the socio-economic processes in order to achieve an objective
3. The legislation of land ceiling to bring land reforms in India were successful in which two states?
4. The portion of agricultural produce that is sold in the market by farmers is known as _____
5. The common goals of five year plans are:
6. In 1955, the Karve Committee was constituted. What was the aim of Karve Committee?
7. _____ refer to taxes levied on imported goods.
8. Who is the Architect of Indian Planning?
9. The concept of five year plan in India was introduced by
10. The central problems of an economy are:
11. Which among the following is not a benefit of Green Revolution?
12. Abolition of Intermediaries and Land ceiling are part of
13. What was the share of Service Sector to GDP, in India on 1950-51 and 1990-91?
14. Who is the chairman of the planning commission in India?
15. The states where land reforms were successful
16. Union Budget is the budget of
17. What does HYVP stand for?
18. Escheats is an example of:
19. Borrowings are equivalent to:
20. The non-tax revenue in the following is:
21. Repayment of loans is an example of:
22. In a mixed economies, the government answer the three questions of what to produce, how to produce and how to distribute what is produced
23. The economic justification of subsidies in agriculture is, at present, a hotly debated question. Consider the following statements related to this.1. A substantial amount of fertiliser subsidy also benefits the fertiliser industry, not only farmers.2. The subsidy largely benefits the farmers in the more prosperous regions.3. Most farmers in India are very poor and they will not be able to afford the required inputs without subsidies.Select the correct statements using codes below
24. Land ceiling refers to:
25. _____ refers to an arrangement by which central problems of an economy are solved.
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