MCQ Class 11 Economics Chapter 1 Indian Economy on the Eve of Independence Advertisement Indian Economic DevelopmentMCQ’s For All Chapters – Economics Class 11th 1. First train on India soil was run on 1853 between?A. Bombay to Thane. B. Thane to Bombay. C. Bombay to Surat. D. None of these.Question 1 of 102. Decay of handicrafts was caused by:A. British tarrif policy B. Competition from man made machines C. New demand patterns D. All of the aboveQuestion 2 of 103. Capital goods industries are thoseA. NoneB. Which can produce consumer goods C. BothD. Which can produce machine toolsQuestion 3 of 104. Buffer stock is the stock of foodgrains procured by the government through Food Corporation of India (FCI). Consider the following statements in relation to the FCI procurements.1. The FCI purchases wheat and rice from the states where there is a surplus.2. Minimum support price is the price announced by the FCI before the sowing season.3. Issue price is the price issued by the FCI for their procurements based on the market price.Select the correct ones.A. 1 and 2B. Only 2C. Only 1D. All the aboveQuestion 4 of 105. Who made significant estimates about calculating national income in India during the British period?A. V.K.R.V. Rao B. Dadabhai Naoroji C. Findlay Shirras D. William DigbyQuestion 5 of 106. In which of the following sectors is manufacturing activity included?A. Primary B. Tertiary C. SecondaryD. All of theseQuestion 6 of 107. Economy of a country is classified into various sectors based on different types of economic activity undertaken in each. Consider the following statements related to some of them.1. All Agricultural activities are included in Primary sector2. All Industrial activities are included in secondary sector.3. Service sector includes only those activities that help in production of goods.Select the incorrect statements using codes given below.A. 1 and 2B. 1 and 3C. 2 and 3D. All of the aboveQuestion 7 of 108. In order to bring stability in Agriculture the Britishers introduced land settlement in 1773. Where was it first introduced?A. fertile lands of Punjab provinceB. Bombay province C. all directly British ruled areasD. BengalE. none of these.Question 8 of 109. Which of the following(s) is/are cause(s) of slow growth of private enterprises in India's industrialization (1850-1957)?A. Unimaginative private enterprise, short-sighted Indian industrialists. B. complete absense of financial institutions to help transfer of savings to industrial investment. C. Banking was not highly developed & was more concerned with commerce rather than industry. D. Lack of support from British government E. All of theseQuestion 9 of 1010. RBI's first census of India's foreign Assets & Liability as on 30 June 1948 revealed total foreign business investments of Rs 302 cr, out of it what was the % of British investments in India?A. 51% B. 60% C. 72% D. 91% E. 100%.Question 10 of 10 Loading...
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