This quiz works best with JavaScript enabled. Home > Indian Economy > History > Indian Economy On The Eve Of Independence – Quiz 4 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Economy On The Eve Of Independence Quiz 4 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which year is known as great division year in the history of demography or population growth of India A) 1881. B) 1911. C) 1921. D) 1991. Show Answer Correct Answer: C) 1921. 2. In how many sectors is the occupational structure of India is divided? A) One. B) Two. C) Three. D) None of above. Show Answer Correct Answer: C) Three. 3. ..... is the year of divide between the first and the second stage of demographic transition. A) 1881. B) 1891. C) 1911. D) 1921. Show Answer Correct Answer: D) 1921. 4. When was TISCO incorporated? A) 1909. B) 1908. C) 1907. D) 1906. Show Answer Correct Answer: C) 1907. 5. ..... economy is the economy in which means of production are owned, controlled and operated by the government. A) Mixed. B) Socialist. C) Capitalist. D) None of the above. Show Answer Correct Answer: B) Socialist. 6. Capitalist Economy is controlled and operated by A) Private sector. B) Public sector. C) Both A and B. D) None of the above. Show Answer Correct Answer: A) Private sector. 7. Occupational Structure refers to: A) Nature of workforce. B) Size of workforce. C) Number of people living in a country. D) Distribution of workforce among different occupations. Show Answer Correct Answer: D) Distribution of workforce among different occupations. 8. Which of the following industry was not reserved for the government in industrial policy resolution 1956? A) Iron and steel. B) Transport. C) Atomic energy. D) Railways transport. Show Answer Correct Answer: A) Iron and steel. 9. The main reason for decline in handicraft industry during the colonial rule was: A) Lack of raw materials. B) Lack of Skilled workers. C) Discriminatory tariff policy. D) None of the above. Show Answer Correct Answer: C) Discriminatory tariff policy. 10. Assertion (A):By introducing Indian railways, British government dug its own grave in India.Reason (R):Indian railways allowed Indians to get help from foreign countries. 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 but Reason (R) is not the correct explanation of Assertion (A). C) Assertion (A) is true but Reason (R) is false. D) Assertion (A) is false but Reason (R) is true. Show Answer Correct Answer: C) Assertion (A) is true but Reason (R) is false. 11. What was the impact of colonial policies on the Indian economy? A) Increased national income. B) Promotion of Indian industries. C) Transformation into a supplier of raw materials. D) Development of infrastructure. Show Answer Correct Answer: C) Transformation into a supplier of raw materials. 12. Which was the most important infrastructure developed during the British rule? A) Railways. B) Air transport. C) Water transport. D) Roadways. Show Answer Correct Answer: A) Railways. 13. Pick the correct event for the given year:1850 A) Suez Canal. B) TISCO. C) Year of great divide. D) Railways. Show Answer Correct Answer: D) Railways. 14. Name the Finance Minister of India A) Arun Jetly. B) Nirmala Sitaraman. C) Urjit Patel. D) P.Chidambaram. Show Answer Correct Answer: B) Nirmala Sitaraman. 15. During the time of Indian independence what was the literacy rate? A) Less than 15%. B) Less than 16%. C) Less than 18%. D) Less than 12%. Show Answer Correct Answer: B) Less than 16%. 16. Opening of Suez Canal was in the year ..... A) 1850. B) 1969. C) 1869. D) 1853. Show Answer Correct Answer: C) 1869. 17. What was the role of the public sector in industrial development in India? A) Providing capital for private entrepreneurs. B) Promoting foreign investment. C) Controlling all industries. D) Undertaking capital investment through public sector undertakings. Show Answer Correct Answer: D) Undertaking capital investment through public sector undertakings. 18. Who made the first attempt to estimate India's national income? A) Dadabhai Naroji. B) William Digby. C) V.K.R.V.Rao. D) R.C Desai. Show Answer Correct Answer: A) Dadabhai Naroji. 19. Who among the following took attempts to calculate national income of India on the eve of independence? A) Dadabhai Naoroji. B) VKRV Rao. C) Findlay Shirras. D) All of the above. Show Answer Correct Answer: D) All of the above. 20. In which year was the first official census conducted? A) 1881. B) 1882. C) 1883. D) 1884. Show Answer Correct Answer: A) 1881. ← PreviousNext →Related QuizzesIndian Economy QuizzesIndian Economy On The Eve Of Independence Quiz 1Indian Economy On The Eve Of Independence Quiz 2Indian Economy On The Eve Of Independence Quiz 3Indian 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