CUET 2024 Economics Indian Economy MCQ Question Answers

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

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

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

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

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

6. What Prevented firms from becoming More Efficient?

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

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

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

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

12. _________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.

13. 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

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

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

16. When was planning Commission set up?

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

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. Adoption of new technology is called _____________

20. Industrial Policy Resolution 1956 helped in: -