Indian Economy 1950-1990 (Indian Economic Development) Class 12 MCQs Questions with Answer

1. Full employment and equitable distribution of income and wealth are the _____ objective of planning in India

2. Land ceiling refers to ___

3. In which of the following type of economy are resources owned privately and the main objective behind economic activities is profit-making?

4. Who was the Chairperson of the Planning Commission of India?

5. ____ combined with social justice is the principle goal of planning in India 

6. In which year, Industrial Policy Resolution was adopted?

7. When was the National Development Council (NDC) set up as an adjunct to the Planning Commission?

8. Which of the following steps promoted the growth of the economy as a whole by stimulating the development of industrial and tertiary sectors?

9. Agriculture sector contributed _______ percent to the GDP in 1990-91.

10. What is needed to provide protection against natural calamities like floods, drought, locusts, thunderstorms, etc.?

11. How many industries have been reserved for the public sector under Industrial Policy Resolution, 1956?

12. The motive behind  the introduction of land forms in India was 

13. Which of the following had been responsible for the heavy burden of the deal and its interest?

14. Name the two states in which land-reform was successful?

15. When was the National Development Council (NDC) set up as an adjunct to the Planning Commission?

16. In the language of economics, what is a good-indicator of economic growth?

17. Which one of the following measures was not apart of tenancy reforms?

18. Which of the following industry was not reserved for the government in Industrial Policy Resolution, 1956?

19. Which of the following is the main objective of carrying out various economic activities?

20. When was NITI Aayog established?