CUET 2024 Economics Indian Economy MCQ Question Answers

1. What Prevented firms from becoming More Efficient?

2. Between 1950-1990, There were two well managed iron and steel firms in India:

3. Which Of the Following is Incorrect in case of HYV?

4. A good indicator of economic growth, in the language of economics, is steady increase in the ______________

5. Industrial Policy Resolution 1956 helped in: -

6. The GDP of a country is derived from the different sectors of the economy from

7. _________was another policy to promote equity in the agricultural sector. This means fixing the maximum size of land which could be owned by an individual.

8. The abolition of intermediaries meant that some _____tenants came into direct contact with the government they were thus freed from being exploited by the zamindars

9. Land reforms were successful in _______ because these states had governments committed to the policy of land to the tiller

10. The low productivity of the agricultural sector forced India to import food from ___________

11. This refers to the large increase in production of food grains resulting from the use of high yielding variety (HYV) seeds especially for ______

12. The portion of agricultural produce which is sold in the market by the farmers is called ___________

13. When was planning Commission set up?

14. In _______, the Planning Commission was set up with the Prime Minister as its Chairperson. The era of five-year plans had begun

15. At independence, about ______of the country’s population was dependent on agriculture.

16. Adoption of new technology is called _____________

17. Protection from imports took two forms: ______ on imported goods make imported goods more expensive and discourage their use _____ specify the quantity of goods which can be imported

18. It is generally agreed that it was necessary to use _______to provide an incentive for adoption of the new HYV technology by farmers in general and small farmers in particular

19. At the time of independence, the land tenure system was characterised by intermediaries variously called ________

20. the first phase of the green revolution started in Mid of