An economy which is made to serve the interest of its rulers is called:

1. Colonial economy.
2. Agricultural economy.
3. Industrial economy.
4. All of the above.

Which of the following is not a true statement?

1. On the eve of Independence, agriculture was the principal occupation of the people in India.
2. Mining is the main secondary occupation.
3. Indian manufactured products enjoyed a worldwide market before the British established themselves in India.
4. The role of the public sector under the British rule was confined only to a few industries.

During the British rule, Island waterway proved to be uneconomical because of:

1. Built at a high cost.
2. Competition from railways.
3. Easy access of airways.
4. Both (a) and (b).

What percentage of India was dependent on agriculture at the time of independence?

1. 60 percent.
2. 80 percent.
3. 70 percent.
4. 90 percent.

What was life expectancy of India at the time of independence?

1. 32 years.
2. 52 years.
3. 63 years.
4. 28 years.

What was the growth rate of per capita income during British rule?

1. 2 percent.
2. 3 percent.
3. 4 percent.
4. 0.5 percent.

Major contribution to the GDP of the country on the eve of independence was from:

1. Agriculture.
2. Trade.
3. Modern industries.
4. None of these.

Which year is regarded as defining year to mark demographic transition from one stage to another?

1. 1921
2. 1881
3. 1853
4. 1941

Land settlement systems in India leads to stagnation of Indian agriculture because:

1. Profit accruing out of agriculture went to British Government.
2. Profit accruing out of agricultrue went to zamindars.
3. Zamindars forced farmers to grow commercial crops.
4. None of the above.

Whose estimate of national income was considered very significant?

1. Dadabhai Naoroji.
2. William Digby.
3. RC Desai.
4. VKRV Rao.