Class 12 Economics MCQ Chapter 9 Introduction

Class 12 Economics MCQ Chapter 9 Introduction Question Answer English Medium to each chapter is provided in the list so that you can easily browse through different chapters Class 12 Economics MCQ Chapter 9 Introduction and select need one. AHSEC Class 12 Economics Objective Type Solutions As Per AHSEC New Book Syllabus Download PDF. AHSEC Economics MCQ Class 12.

Class 12 Economics MCQ Chapter 9 Introduction

Also, you can read the NCERT book online in these sections Solutions by Expert Teachers as per Central Board of Secondary Education (CBSE) Book guidelines. AHSEC Class 12 Economics Multiple Choice Solutions are part of All Subject Solutions. Here we have given AHSEC Class 12 Economics MCQ in English for All Chapters, You can practice these here.

Introduction

Chapter: 9

PART – B: INDIAN ECONOMIC DEVELOPMENT

1. In 1947, the dominant sector by share in national income was:

(i) Secondary sector.

(ii) Primary sector.

(iii) Tertiary sector.

(iv) Public sector.

Ans: (ii) Primary sector.

2. Approximate sectoral shares in 1947 (at 1938–39 prices) were:

(i) Primary 27%, Secondary 58.7%, Tertiary 14.3%.

(ii) Primary 58.7%, Secondary 14.3%, Tertiary 27%.

(iii) Primary 14.3%, Secondary 27%, Tertiary 58.7%.

(iv) Primary 50%, Secondary 25%, Tertiary 25%.

Ans: (ii) Primary 58.7%, Secondary 14.3%, Tertiary 27%.

3. A “colonial (feeder) economy” means India was primarily:

(i) Exporting finished goods to Britain.

(ii) Supplying raw materials and absorbing British manufactures.

(iii) Self-sufficient and closed to trade.

(iv) Dominated by public enterprises.

Ans: (ii) Supplying raw materials and absorbing British manufactures.

4. “Semi-feudal economy” at Independence implies:

(i) Only capitalist relations existed.

(ii) Only feudal relations existed.

(iii) Coexistence of feudal agriculture and emerging capitalist industry.

(iv) A fully socialist economy.

Ans: (iii) Coexistence of feudal agriculture and emerging capitalist industry.

5. During early 20th century, India’s real output growth was:

(i) Above 5% per year.

(ii) About 3–4% per year.

(iii) Less than 2% per year.

(iv) Negative.

Ans: (iii) Less than 2% per year.

6. Who is known as the “Father of National Income” in India?

(i) R.C. Dutt.

(ii) V.K.R.V. Rao.

(iii) Dadabhai Naoroji.

(iv) William Digby.

Ans: (iii) Dadabhai Naoroji.

7. Dadabhai Naoroji’s first NI estimate refers to the year:

(i) 1793.

(ii) 1853.

(iii) 1867–68.

(iv) 1931–32.

Ans: (iii) 1867–68.

8. The first scientific NI estimate (1931–32) was by:

(i) Findlay Shirras.

(ii) V.K.R.V. Rao.

(iii) R.C. Desai.

(iv) R.C. Dutt.

Ans: (ii) V.K.R.V. Rao.

9. The Suez Canal opened in:

(i) 1793.

(ii) 1853.

(iii) 1869.

(iv) 1907.

Ans: (iii) 1869.

10. The first railway in India started in:

(i) 1793.

(ii) 1853.

(iii) 1869.

(iv) 1947.

Ans: (ii) 1853.

11. The Permanent Settlement (Zamindari) was introduced in:

(i) 1793.

(ii) 1893.

(iii) 1907.

(iv) 1931.

Ans: (i) 1793.

12. The “Year of Great Divide” in Indian population studies is:

(i) 1853.

(ii) 1869.

(iii) 1921.

(iv) 1951.

Ans: (iii) 1921.

13. Around Independence, overall literacy was about:

(i) 7%.

(ii) 16%.

(iii) 32%.

(iv) 58.7%.

Ans: (ii) 16%.

14. Female literacy around Independence was roughly:

(i) 27%.

(ii) 16%.

(iii) 7%.

(iv) 40%.

Ans: (iii) 7%.

15. Life expectancy at birth around Independence was about:

(i) 60 years.

(ii) 45 years.

(iii) 32 years.

(iv) 25 years.

Ans: (iii) 32 years.