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11th Economics Monthly Test - 2 ( Development Experiences in India )

MABS Institution

11th Economics Monthly Test - 2 ( Development Experiences in India )-Aug 2020

Time : 2.30 Hours

Part - A

Multiple Choice Question - Answer All Question

The first Public sector unit of Iron and Steel industry - 'Vishveshvaraya Iron and Steel works' - was started at_______

Jharkhand
Bhilai
Rourkela
Bhadrawati

The first mechanised paper mill was set up in 1812 at ___________

Durgapur
Gorakpur
Serampur
Jamshedpur

The Five Year Plan, based on the Harrod-Domar model was the__________

First Five Year Plan
Second Five Year Plan
Third Five Year Plan
Fourth Five Year Plan

The primary objective of the industrial policy was_________

To develop fishery
To abolish restriction on FDI
To reduce cottage industy
To implement MRTP

The main cause for economic reforms

Growing inefficiency in the use of resources
Over production of industry
Mismanagement of firms and the economy
All the above

The Portuguese had traded as early as 1510 in_________

Surat
Goa
Culcutta
Bombay

_________________________remove regional disparities industrializing rural and backward areas.

Small Scale industries
Large scale industries
Rural industries
None

Durgapur steel plant was started with assistance of________.

Russia
UK
USA
Germany

First mechanised Paper mill was set-up in_________.

1612
1712
1812
1912

Expansion of FDI____

Foreign Private Investment
Foreign Portfolio
Foreign Direct Investment
Forex Private Investment

Part - B

Generic 2 - Answer All Question

What are the positive effects of Globalisation?

Define Ryotwari?

What do you mean by colonialism?

Why was structural reform implemented in Indian Economy?

What do you mean by following plan?

Define Green Revolution

Define NITI Aayog

Part - C

Generic 3 - Answer All Question

How did Biswajeet Guha enlarged the Scope of HDI?

State the salient features of the Industrial policy Resolutions - 1948

List out the features of new trade policy.

What is the importancy of Jute Industry

Mention the functions of APMC.

State the monetary limits of the Micro, Small and Medium Enterprises (MSMES).

What is GST? Write its advantages.

Part - D

Generic 5 - Answer All Question

What are the problems of British Rule in India?

What are this Achievement of Green Revolution?

Give an account of the Iron and Steel industry in India.

Explain the objectives and characteristics of SEZs.

Explain the role of public sector Banks and Private Sector Banks to the economic development of India.
Describe the salient features of EXIM policy (2015 - 2020)

Explain the process of Industrial Transition and colonial capitalism during the British period.

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