This quiz works best with JavaScript enabled. Home > Indian Economy > Planning > Indian Economic Development Policy – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Economic Development Policy Quiz 7 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The first poverty line line in India was discussed by A) Dadabhai Naoroji. B) PC Mahalanobis. C) VKRV Rao. D) Amartya Sen. Show Answer Correct Answer: A) Dadabhai Naoroji. 2. Which of the following implies use of advanced technology? A) Modernisation. B) Liberailisation. C) Privatisation. D) Gloabalisation. Show Answer Correct Answer: A) Modernisation. 3. How were the third category of industries allocated to private sector kept under state control? A) Allocation of capital goods. B) Industrial licensing. C) State distribution of goods. D) Procurement of goods by government only. Show Answer Correct Answer: B) Industrial licensing. 4. The economic term used to rank countries according to human development is ..... A) GDP Per Capita. B) GNP. C) Gini. D) HDI. Show Answer Correct Answer: D) HDI. 5. Abolition of intermediateries and Land ceiling are part of A) Industrial reforms of India. B) External sector reforms in India. C) Land reforms in India. D) Banking reforms in India. Show Answer Correct Answer: C) Land reforms in India. 6. Based on monetary value (per capita expenditure ) of the minimum calorie intake, in 2011-12, the poverty line was defined for rural areas as consumption worth Rs ..... per person per month and for urban area it was Rs ..... A) 1000, 816. B) 816, 1000. C) 815, 1000. D) 1000, 800. Show Answer Correct Answer: B) 816, 1000. 7. Which institute does not provide direct loans to farmers? A) NABARD. B) Commercial bank. C) Regional Rural Bank. D) Cooperative Society. Show Answer Correct Answer: A) NABARD. 8. True or False. Economic Development refers to how advanced an economy is. A) True. B) False. Show Answer Correct Answer: A) True. 9. Which of the following is a common feature of informal sector employment? A) Formal contracts and legal protections. B) Stable and permanent employment. C) Lack of social security benefits. D) Access to paid leave and healthcare. Show Answer Correct Answer: C) Lack of social security benefits. 10. Why did the government set up a planning commission in 1950? A) To help design and execute suitable policies for economic development. B) To help design and execute suitable policies for social development. C) To help design and execute suitable policies for political development. D) None of above. Show Answer Correct Answer: A) To help design and execute suitable policies for economic development. 11. Development of a country can generally be determined by its:- A) Per capita income. B) Average literacy level. C) Health status of its people. D) None of these. Show Answer Correct Answer: A) Per capita income. 12. Which of the following is not an institutional problem in Indian Agriculture? A) (a) Defective tenancy reforms. B) B) Lack of credit facilities. C) Fragmented land holding. D) D) Lack of irrigation. Show Answer Correct Answer: B) B) Lack of credit facilities. 13. Which sector of the informal economy is characterized by small-scale, unregistered businesses and street vendors? A) Agricultural sector. B) Industrial sector. C) Services sector. D) Manufacturing sector. Show Answer Correct Answer: C) Services sector. 14. ..... is implementing the Rural Employment Generation Programme (REGP) A) The Khadi and village Industries Commission. B) The Central Government. C) The State Government. D) None of the above. Show Answer Correct Answer: A) The Khadi and village Industries Commission. 15. The british turned the Indian economy into supplier of raw material and consumer of british industrial goods. this is the feature of which economy A) Colonial. B) Stagnant. C) Amputated. D) Semi feudal. Show Answer Correct Answer: A) Colonial. 16. What will be the top priority in the developmental goal of a landless labourer? A) Expansion of rural banking. B) More days of work and better wages. C) Metal roads for transportation. D) Establishment of a high school. Show Answer Correct Answer: B) More days of work and better wages. 17. Which of the following is intermediate product? A) Pulses purchased by consumers. B) Machine purchased by a firm. C) Wheat used by flour mill. D) Wheat used by household. Show Answer Correct Answer: C) Wheat used by flour mill. 18. Domestic income is greater than National Income if A) NFIA is positive. B) NFIA is zero. C) NFIA is negative. D) None of these. Show Answer Correct Answer: C) NFIA is negative. 19. Construction of a bridge comes under which sector? A) Primary. B) Secondary. C) Tertiary. D) Any other sector not mentioned here. Show Answer Correct Answer: B) Secondary. 20. Which one of the following is the problem of poverty alleviation Programmes? A) Lack of resources. B) Improper implementation. C) Lack of infrastructure. D) All of the above. Show Answer Correct Answer: D) All of the above. ← PreviousNext →Related QuizzesIndian Economy QuizzesIndian Economic Development Policy Quiz 1Indian Economic Development Policy Quiz 2Indian Economic Development Policy Quiz 3Indian Economic Development Policy Quiz 4Indian Economic Development Policy Quiz 5Indian Economic Development Policy Quiz 6Indian Economic Development Policy Quiz 8Indian Economic Development Policy Quiz 9Fiscal System Of India QuizIndian Economy And Planning Quiz 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books