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Indian National Movement and Economic Reforms

Description: This quiz covers the topic of Indian National Movement and Economic Reforms. It includes questions related to the economic policies and reforms implemented during the Indian independence movement and their impact on the Indian economy.
Number of Questions: 15
Created by:
Tags: indian national movement economic reforms indian economy
Attempted 0/15 Correct 0 Score 0

Who was the first President of the Indian National Congress?

  1. Dadabhai Naoroji

  2. Womesh Chandra Bonnerjee

  3. Surendranath Banerjee

  4. Gopal Krishna Gokhale


Correct Option: B
Explanation:

Womesh Chandra Bonnerjee was the first President of the Indian National Congress, elected in 1885.

Which economic policy was adopted by the Indian National Congress in 1931?

  1. Laissez-faire

  2. Mercantilism

  3. Socialism

  4. Swadeshi


Correct Option: D
Explanation:

The Swadeshi movement, which promoted the use of indigenous goods and services, was adopted by the Indian National Congress in 1931.

Which Indian economist is known for his theory of 'Drain of Wealth'?

  1. Dadabhai Naoroji

  2. R. C. Dutt

  3. M. N. Roy

  4. Jawaharlal Nehru


Correct Option: A
Explanation:

Dadabhai Naoroji is known for his theory of 'Drain of Wealth', which argued that British colonial rule led to the transfer of wealth from India to Britain.

What was the main objective of the 'Quit India' movement?

  1. To demand complete independence from British rule

  2. To protest against the Rowlatt Act

  3. To promote the Swadeshi movement

  4. To establish a socialist economy in India


Correct Option: A
Explanation:

The main objective of the 'Quit India' movement, launched in 1942, was to demand complete independence from British rule.

Which economic policy was implemented by the Indian government after independence?

  1. Laissez-faire

  2. Mercantilism

  3. Socialism

  4. Mixed Economy


Correct Option: D
Explanation:

After independence, the Indian government adopted a mixed economy policy, combining elements of both capitalism and socialism.

Which Five-Year Plan focused on the development of heavy industries?

  1. First Five-Year Plan

  2. Second Five-Year Plan

  3. Third Five-Year Plan

  4. Fourth Five-Year Plan


Correct Option: B
Explanation:

The Second Five-Year Plan (1956-1961) focused on the development of heavy industries, such as steel, coal, and power.

Which economic policy was introduced by the Indian government in 1991?

  1. Laissez-faire

  2. Mercantilism

  3. Socialism

  4. Liberalization, Privatization, and Globalization (LPG)


Correct Option: D
Explanation:

In 1991, the Indian government introduced the LPG policy, which involved liberalization of trade and investment, privatization of state-owned enterprises, and globalization of the economy.

Which sector of the Indian economy experienced rapid growth during the 1990s?

  1. Agriculture

  2. Manufacturing

  3. Services

  4. Mining


Correct Option: C
Explanation:

The services sector of the Indian economy experienced rapid growth during the 1990s, driven by the growth of information technology and other service industries.

Which economic policy was implemented by the Indian government to address the issue of poverty?

  1. Laissez-faire

  2. Mercantilism

  3. Socialism

  4. Inclusive Growth


Correct Option: D
Explanation:

The Indian government implemented the Inclusive Growth policy to address the issue of poverty, aiming to ensure that the benefits of economic growth are shared by all sections of society.

Which economic policy was introduced by the Indian government in 2014?

  1. Laissez-faire

  2. Mercantilism

  3. Socialism

  4. Make in India


Correct Option: D
Explanation:

The Indian government introduced the Make in India policy in 2014, aiming to promote manufacturing in India and attract foreign investment.

Which sector of the Indian economy is the largest contributor to its GDP?

  1. Agriculture

  2. Manufacturing

  3. Services

  4. Mining


Correct Option: C
Explanation:

The services sector is the largest contributor to India's GDP, accounting for over 50% of its total output.

Which economic policy was implemented by the Indian government to promote foreign investment?

  1. Laissez-faire

  2. Mercantilism

  3. Socialism

  4. Foreign Direct Investment (FDI)


Correct Option: D
Explanation:

The Indian government implemented the FDI policy to promote foreign investment in various sectors of the economy.

Which economic policy was introduced by the Indian government to address the issue of unemployment?

  1. Laissez-faire

  2. Mercantilism

  3. Socialism

  4. Skill India


Correct Option: D
Explanation:

The Indian government introduced the Skill India policy to address the issue of unemployment, aiming to provide skill training to the youth and make them employable.

Which economic policy was implemented by the Indian government to promote entrepreneurship?

  1. Laissez-faire

  2. Mercantilism

  3. Socialism

  4. Startup India


Correct Option: D
Explanation:

The Indian government implemented the Startup India policy to promote entrepreneurship and encourage the establishment of startups in the country.

Which economic policy was introduced by the Indian government to address the issue of inflation?

  1. Laissez-faire

  2. Mercantilism

  3. Socialism

  4. Monetary Policy


Correct Option: D
Explanation:

The Indian government implemented the Monetary Policy to address the issue of inflation, aiming to control the money supply and stabilize prices.

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