Diversification of growth process can be achieved through the development of:

1. Agricultural sector.
2. Industrial sector.
3. Foreign trade.
4. Service sector.

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.

In which year was the Planning Commission was set up in India?

1. 1947
2. 1948
3. 1949
4. 1950

When was the ‘Village and Small Scale Industries Committee' set up?

1. 1955
2. 1958
3. 1949
4. 1950.

Protection of domestic industries took the form of:

1. Quotas.
2. Tariffs.
3. Both (a) and (b).
4. None of the above.

In India, what type of economic system is being followed?

1. Capitalism.
2. Socialism.
3. Mixed.
4. Monarchy.

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

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

Which of the following features is not associated with a socialist economy?

1. The economy has no private property and everything is owned by the state.
2. The government decides what to produce, how to produce and for whom to produce.
3. Incomes are equitably distributed.
4. It is called a free market economy.

The Indian Policy Resolution, 1956 classified industries into...... categories.

1. One.
2. Two.
3. Three.
4. Four.

Green revolution leads to marketable surplus. What does it refers to?

1. Production of crops for self-consumption.
2. Production of crops for selling in market.
3. Production of crops for maintaining sufficient stock.
4. All of the above.