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Indian Economy 1950 1990 Quiz 6 (13 MCQs)

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1. One of the common goals of five year plans is 'growth'. What does the growth imply?
2. A direct tax is a tax which is imposed on.
3. In a capitalist society the goods produced are distributed among people not on the basis of what people need but on the basis of what people can afford and are willing to purchase. This
4. Which of the following is the main focus of "Aatma Nirbhar Bharat Abhiyaan" announced by Prime Minister Narendra Modi to combat covid-19 crisis?
5. In which year was the Planning commission set up in India?
6. The Planning Commission was set up in:
7. In a market economy, is also called as ....., only those consumer goods will be produced that are in Demand.
8. Which of the following statements regarding high yielding variety (HYV) seeds are correct?i) The use of these seeds requires neither the use of fertilisers nor the pesticides.ii) Dependence on regular supply of water is eliminated.iii) In the first phase of the green revolution(mid 1960s upto mid 1970s), the use of HYV seeds primarily benefited the wheat growing regions only while In the second phase (mid-1970s to mid-1980s), the HYV technology benefited more variety of crops.iv) In the first phase of the green revolution, the use of HYV seeds was restricted to the more affluent states such as Punjab, Andhra Pradesh and Tamil Nadu.
9. The portion of agricultural produce which is sold in the market by the farmers is known as,
10. Legally stipulated maximum size beyond which no individual farmer can hold any land
11. What is the year of India's 12th 5-year plan?
12. When did Industrial policy resolution take place in India?
13. A good indicator of growth is steady increase in the:
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