Schedule B of IPR 1956 includes:

1. Those industries which are reserved for public sector.
2. Those industries which are open for both public and private sectors.
3. Residual industries.
4. Industries in which only Small Scale Industries can enter.

Who was the first chairperson of the Planning Commission of India?

1. Jawahar Lal Nehru.
2. Rajendra Prasad.
3. Dadabhai Naroji.
4. R.C. Desai.

One of the following features is not associated with a socialist economy. Identify the feature.

1. The economy has no private property and everything is owned by the State.
2. The government provides free health care to those who need it.
3. Incomes are more or less equitably distributed
4. It is called a free market economy.

The starting of land reforms programmes was set up in the right direction but it could not be successful because of:

1. Lack of political will.
2. Malafide transfers.
3. Inadequate proof of tenancy.
4. All of the above.

In the post-independence period, India adopted a ......... approach.

1. Socialist economy.
2. Mixed economy.
3. Capitalist economy.
4. None of these.

Which economic sector has the highest share in India's GDP?'

1. Agriculture Sector.
2. Tertiary Sector.
3. Industrial Sector.
4. Export Sector.

The common goals of the five year plans are:

1. Modernisation.
2. Growth.
3. Self-reliance.
4. All of the above.

Land reforms measures introduced by India like many other developing countries with the objective(s) of:

1. Attaining a rational land distribution pattern.
2. Viable farming structure.
3. To raise farmers income.
4. All of the above.

During the initial stages of planning, special concessions were given to the industries producing goods to be used as substitutes for imported goods. This strategy was named as:

1. Inward looking trade strategy.
2. Outward looking trade strategy.
3. Export promotion strategy.
4. None of the above.

......... refers to the maximum size of landholding that an agricultural household can own.

1. Land reforms.
2. Land ceiling.
3. Land holding.
4. None of the above.