In which of the following state did land reforms succeed the most?

1. Punjab.
2. Haryana.
3. Tamil Nadu.
4. West Bengal.

The second phase of Green Revolution started in:

1. mid 60s
2. mid 70s
3. mid 80s
4. mid 90s

Under which system the goods are distributed among people not on the basis of what people need but on the basis of purchasing power?

1. Capitalistic system.
2. Socialistic system.
3. Mixed system.
4. Dual system.

When was first five-year plan introduced?

1. 1st April, 1950
2. 1st April, 1951
3. 1st April, 1952
4. 31st March, 1950

The Planning Commission was set up in:

1. 1948
2. 1950
3. 1951
4. 1956

When was planning initiated in India?

1. In 1951
2. In 1952
3. In 1950
4. In 1956

Which factor led to the breaking up of the stagnation of agriculture?

1. Land reforms.
2. Green Revolution.
3. Buffer stocks.
4. Land ceiling.

Capitalist structure was not adopted by Indian economy due to:

1. Less scope for improvement of quality of human life.
2. More democratic structure was needed.
3. There was a need to reduce role of public sector.
4. None of the above.

Who takes the decisions regarding production and distribution of commodities in a socialist economy?

1. Market forces of demand and supply.
2. Government.
3. Both a and b in a combined way.
4. God.

Which of the following is not true for small scale industries?

1. SSI is labour intensive and therefore, employment oriented.
2. SSI needs small investment and is therefore, equity oriented.
3. SSI is capital intensive and therefore, increases productivity.
4. SSI shows locational flexibility and is therefore, equality oriented.