Indian Economy 1950-1990 Class 12 MCQ Quiz – Test Your Knowledge!

Are you ready to test your understanding of "Indian Economy 1950-1990" from Class 12 Economics? This chapter covers the economic policies, five-year plans, industrial development, and the role of public and private sectors in shaping India's post-independence economy.

About the Quiz

Chapter Name: Indian Economy 1950-1990
Subject: Economics
Book: NCERT Class 12 Economics
Question Type: Multiple Choice Questions (MCQs)
Leaderboard: Yes (Check Your Rank!)

Why Take This Quiz?

✔ Strengthens your CBSE board exam preparation
✔ Helps in understanding economic planning in India
✔ Enhances knowledge of industrial and agricultural policies
✔ Tracks your progress with the leaderboard

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Chapter 2-Indian Economy 1950-1990

1 / 15

There are two statements given below, about the changes in India's structural composition in the period 1950-1990.

At the beginning of this period, the share of agriculture in the GDP was the highest.

The increase in agricultural productivity during this period led to a further increase in the share of agriculture in the GDP by the end of this period.

Which of these statements is/are true?

only 1

only 2

both 1 and 2

neither 1 nor 2

2 / 15

What was the primary goal of the Karve committee constituted in 1955?

Promotion of large-scale industries

Encouragement of foreign investment

Development of infrastructure

Development of small-scale industries

3 / 15

Which of the following statements about the land ceiling policy is TRUE?

Many landlords were able to escape the legislation.

It was successful in Kerala and West Bengal because it met no resistance.

It led to equity in the agricultural sector.

The implementation of the legislation was challenged by small tenants.

4 / 15

Read the following statements - Assertion (A) and Reason ( R)

Assertion (A): Many public sector undertakings incurred huge losses due to operational inefficiencies.

Reason (R): Red-tapism was one of the reasons for the continuation of such enterprises.

Select the correct alternative from the following:

Both Assertion (A) and Reason (R) are true.a. Both Assertion (A) and Reason (R) are true.

Both Assertion (A) and Reason (R) are false.

5 / 15

What was the purpose of the import substitution policy in India?

To reduce imports and promote domestic production

To promote foreign investmentv

To increase exports

To reduce poverty

6 / 15

The shackles of agriculture during the colonial rule were permanently broken by the Green Revolution that resulted from the application of ___

High Yielding Varieties (HYV)

Mechanization of Agriculture

Chemical Fertilizers and Pesticides

Organic Fertilizers and Pesticides

2, 3, 4

1, 2, 3

1, 2, 4

1, 3, 4

7 / 15

Read the following statements - Assertion (A) and Reason (R):

Assertion (A) – Major policy initiatives (land reforms and Green Revolution) helped India to become self-sufficient in food grains production.

Reason(R) – The proportion of people depending on agriculture did not decline as expected after the Green Revolution.

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Assertion (A) is false but Reason (R) is true.

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Assertion (A) is true but Reason (R) is false.

8 / 15

Match the following:

1. Prime Minister	A. Seeds that give large proportion of output
2. Gross Domestic Product	B. Quantity of goods that can be imported
3. Quota	C. Chairperson of the planning commission
4. Land Reforms	D. The money value of all the final goods and services produced within the economy in one year
5. HYV seeds	E. Improvements in the field of agriculture to increase its productivity
6. Subsidies	F. The monetary assistance given by government for production activities.

1-C, 2-D, 3-B, 4-E, 5-F, 6-A

1-C, 2-D, 3-B, 4-E, 5-A, 6-F

1-C, 2-B, 3-D, 4-E, 5-A, 6-F

1-E, 2-D, 3-B, 4-C, 5-A, 6-F

9 / 15

There are two statements given below, marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.

Assertion (A): India’s Green Revolution is an example of how the productivity of scarce land resources can be increased with improved production technology.

Reason (R): Because of the Green Revolution, farmers produced far larger quantities of foodgrains than was possible earlier, on the same piece of land.

Both A and R are true but R does not explain A.

A is false but R is true.

A is true but R is false.

Both A and R are true and R explains A.

10 / 15

Identify the classification that falls outside the purview of the Industrial Policy Resolution, of 1956. (Choose the correct alternative)

privately owned

public sector industries

public-private industrial partnership

multinational corporations

11 / 15

First Industrial Policy Resolution of Independent India was announced in the year______ (Fill in the blank with the correct alternative)

1947

1948

1956

1951

12 / 15

__________committee was set up for the development and promotion of small-scale industries in India.

TRYSEM

Karve

Tapas Majumdar

Mahalanobis

13 / 15

There are two statements given below, marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.

Assertion (A): Land redistribution efforts have failed in reducing levels of poverty in rural India.

Reason (R): The per capita availability of agricultural land has steadily declined in rural India due to population growth.

A is true but R is false.

Both A and R are true but R does not explain A.

A is false but R is true.

Both A and R are true and R explains A.

14 / 15

Read the following statements carefully and choose the correct alternatives given below:

Statement 1 – Subsidies do not add any burden on the financial health of a nation.

Statement 2 – Complete removal of subsidies may violate the aim of equitable distribution of income.

Both statements are true.v

Statement 2 is true and Statement 1 is false.

Both statements are false.

Statement 1 is true and Statement 2 is false.

15 / 15

Read the following statements - Assertion (A) and Reason (R):

Assertion (A) – The goal of equitable distribution of land was fully served by the abolition of intermediaries, in post-independence India.

Reason(R) – Big landlords challenged the land ceiling legislation, delaying the implementation and subsequently escaping from the legislation.

From the given alternatives choose the correct one:

Assertion (A) is true but Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Your score is

The average score is 64%

Leaderboard – Top Scorers

Check the top scorers here!

Pos.	Name	Score	Duration	Points
1	hi	93 %	6 minutes 11 seconds	14
2	..	87 %	3 minutes	13
3	Anuj	87 %	3 minutes 12 seconds	13
4	athi	87 %	4 minutes 49 seconds	13
5	hema	87 %	4 minutes 55 seconds	13
6	ABCD	87 %	5 minutes 23 seconds	13
7	Hardik	80 %	3 minutes 8 seconds	12
8	Abc	80 %	3 minutes 26 seconds	12
9	disha	80 %	8 minutes 37 seconds	12
10	Devashree	73 %	3 minutes 44 seconds	11
11	Rashi	67 %	3 minutes 46 seconds	10
12	Rashi	67 %	4 minutes 1 seconds	10
13	Xyz	67 %	7 minutes 8 seconds	10
14	Rupali	67 %	7 minutes 39 seconds	10
15	Sourabh	67 %	8 minutes 41 seconds	10
16	yasha jadaun	60 %	4 minutes 31 seconds	9
17	Ecology	60 %	5 minutes	9
18	]ll\	60 %	5 minutes 17 seconds	9
19	Padit ji	60 %	5 minutes 58 seconds	9
20	sneha	53 %	6 minutes 56 seconds	8
21	Mysterious	53 %	11 minutes 37 seconds	8
22	xyz	47 %	4 minutes 4 seconds	7
23	Devansh	33 %	1 minutes 39 seconds	5
24	manish	33 %	3 minutes 47 seconds	5
25	harsh	33 %	3 minutes 50 seconds	5
26	Shruti	33 %	4 minutes 4 seconds	5
27	lelllaallllllllllllllllla	27 %	7 minutes 45 seconds	4

Key Topics Covered in the Quiz

✔ Economic Planning and Five-Year Plans
✔ Industrial Policy and Public Sector Enterprises
✔ Green Revolution and Agricultural Reforms
✔ Trade and Foreign Policies
✔ Role of LPG (Liberalization, Privatization, Globalization)

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Indian Economy 1950-1990 Class 12 MCQ Quiz – Test Your Knowledge!

About the Quiz

Why Take This Quiz?

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About the Quiz

Why Take This Quiz?

Leaderboard – Top Scorers

Key Topics Covered in the Quiz

More Class 12 Economics MCQ Quizzes

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1 thought on “Indian Economy 1950-1990 Class 12 MCQ Quiz – Test Your Knowledge!”

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