This quiz works best with JavaScript enabled. Home > Indian Economy > History > Indian Economy On The Eve Of Independence – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Economy On The Eve Of Independence Quiz 1 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What is the tax or duty on imports called? A) Tariff. B) Quota. C) Export. D) None of above. Show Answer Correct Answer: A) Tariff. 2. Read the following statements, Assertion (A) and reason (R). choose the correct alternatives(A):Indian became an exporter of primary products and an importer of finished consumers and capital goods produced on Britain.(R):Restrictive policies of commodity production, trade and tariff pursued by the colonial govt adversely affected the structure, composition and volume of India's foreign trade. A) Both A and R are true and R is the correct explanation of A. B) Both A and R are true and R is not the correct explanation of A. C) A is false but R is false. D) A is false but R is true. Show Answer Correct Answer: A) Both A and R are true and R is the correct explanation of A. 3. Which one of these is a central problem of an Economy? A) What to produce. B) How to produce. C) For whom to produce. D) All of the above. Show Answer Correct Answer: D) All of the above. 4. The first train in India linked ..... A) Bombay to Durgapur. B) Calcutta to Thane. C) Bombay to Thane. D) Calcutta to Durgapur. Show Answer Correct Answer: C) Bombay to Thane. 5. What was the objective of the Green Revolution in India? A) Increase industrial production. B) Promote self-reliance in food grains. C) Expand foreign trade. D) Improve infrastructure. Show Answer Correct Answer: B) Promote self-reliance in food grains. 6. When was the first postage stamp released in India? A) 1830. B) 1840. C) 1847. D) 1852. Show Answer Correct Answer: D) 1852. 7. India was a prosperous and wealthy economy prior to the advent of British rule. A) True. B) False. Show Answer Correct Answer: A) True. 8. Which of the following was the main feature of industrial sector on the eve of independence? A) Non existence of capital good industry. B) Bleak expansion of modern industry. C) Discriminatory tariff policy of the British government. D) All of these. Show Answer Correct Answer: D) All of these. 9. What was the immediate crisis India faced in the beginning of the 1990s A) Inflation. B) Debt Trap. C) Foreign exchange crisis. D) All of the above. Show Answer Correct Answer: C) Foreign exchange crisis. 10. During the time of Indian independence what was IMR? A) 216. B) 218. C) 220. D) 214. Show Answer Correct Answer: B) 218. 11. Before the advent of the British rule, India was particularly well known for which of the following industries? A) Service industry. B) Manufacturing. C) Capital goods. D) Handicrafts. Show Answer Correct Answer: D) Handicrafts. 12. Last census operation conducted by British in india A) 1941. B) 1881. C) 1951. D) None of above. Show Answer Correct Answer: A) 1941. 13. The most important infrastructure during the British Rule in India was: A) Airways. B) Railways. C) Waterways. D) None of the above. Show Answer Correct Answer: B) Railways. 14. Colonialism is a system of political ans social relationship between two countries. A) No. B) Yes. Show Answer Correct Answer: B) Yes. 15. Which of the following explains the term economic growth? A) Increase in per capita production. B) Increase in per capita real income. C) Structural change in the economy. D) All of the above. Show Answer Correct Answer: D) All of the above. 16. When was TISCO established in India? A) 1869. B) 1907. C) 1881. D) None of above. Show Answer Correct Answer: B) 1907. 17. India was merely an exporter of which kind of products on the eve of independence A) Agricultural products. B) Capital goods. C) Primary sector products. D) None of these. Show Answer Correct Answer: C) Primary sector products. 18. Assertion (A):Railways was the most important infrastructure developed during the British period. Reason (R):Railways enabled people to undertake long distance travel. It broke geographical and cultural barriers which promoted national integration. A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). B) Both Assertion (A) and Reason (R) are true and Reason (R) is not the. C) Assertion (A) is true but Reason (R) is false. correct explanation of Assertion(A). D) Assertion (A) is false but Reason (R) is true. Show Answer Correct Answer: A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). 19. In the history of demographic transition, which year is regarded as the year of great divide? A) 1901. B) 1902. C) 1921. D) 1923. Show Answer Correct Answer: C) 1921. 20. What was the condition of agriculture sector on the eve of independence? A) High productivity. B) Abundance of irrigation facilities. C) Large and consolidated land holdings. D) Low productivity. Show Answer Correct Answer: D) Low productivity. Next →Related QuizzesIndian Economy QuizzesIndian Economy On The Eve Of Independence Quiz 2Indian Economy On The Eve Of Independence Quiz 3Indian Economy On The Eve Of Independence Quiz 4Indian Economy On The Eve Of Independence Quiz 5Indian Economy On The Eve Of Independence Quiz 6Indian Economy On The Eve Of Independence Quiz 7Indian Economy On The Eve Of Independence Quiz 8Indian Economy On The Eve Of Independence Quiz 9Indian Economy On The Eve Of Independence Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books