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Ch 2 indian grade 12 MCQs

    CHAPTER-2-INDIAN ECONOMY 1950-1990 MULTIPLE CHOICE QUESTIONS 1 In which of the following type of economy are resources owned privately and the main objective behind economic activities is profit-making? (A) Capitalist (B) Socialist (C) Mixed (D) Global 2 Which of the following is the main objective of carrying out various economic activities? (A) Profit (B) Public welfare (C) Competition (D) Equality 3 Which of the following had been responsible for the heavy burden of the deal and its interest? (A) BOP deficit (B) BOP surplus (C) Equilibrium (D) None of these    1|Page 8 October 2021,ZIET BHUBANESWAR 4 5 6 7 Agriculture sector contributed _______ percent to the GDP in 1990-91. (A) 24.6 (B) 34.9 (C) 40.5 (D) 59.0 What is needed to provide protection against natural calamities like floods, drought, locusts, thunderstorms, etc.? (A) Multiple cropping (B) Green revolution (C) Crop insurance (D) HYV How many industries have been reserved for the public sector under I...