Q. In which of the following type of economy are resources owned privately and the main objective behind economic activities is profit-making?
✅ Correct Answer: (A)
Capitalist
Indian Economy 1950-1990 MCQs with answers
Dear candidates you will find MCQ questions of 12th Class - Economics - Indian Economic Development | Chapter: Indian Economy 1950-1990 here. Learn these questions and prepare yourself for coming examinations. You can check the right answer of any question by clicking the option or by clicking view answer button.
All subjects and chapters of 12th Class are listed below. You can select any subject and chapter below to learn mcq questions of that chapter and subject.
Q. Which of the following is the main objective of carrying out various economic activities?
✅ Correct Answer: (B)
Public welfare
Q. When was the National Development Council (NDC) set up as an adjunct to the Planning Commission?
✅ Correct Answer: (C)
1952
Q. How many industries have been reserved for the public sector under Industrial Policy Resolution, 1956?
✅ Correct Answer: (A)
17
Q. Which of the following steps promoted the growth of the economy as a whole by stimulating the development of industrial and tertiary sectors?
✅ Correct Answer: (B)
Planning
Q. What is needed to provide protection against natural calamities like floods, drought, locusts, thunderstorms, etc.?
✅ Correct Answer: (C)
Crop insurance
Q. Which of the following had been responsible for the heavy burden of the deal and its interest?
✅ Correct Answer: (A)
BOP deficit
Q. Agriculture sector contributed _______ percent to the GDP in 1990-91.
✅ Correct Answer: (B)
34.9
12th Class mcqs download, 12th Class mcqs pdf free download, 12th Class free pdf download, 12th Class mcq questions, 12th Class ncert book pdf download,