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Economic Development during the Nehru Era

Description: Economic Development during the Nehru Era
Number of Questions: 15
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Tags: indian economics economic history of india economic development
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What was the main objective of the First Five-Year Plan (1951-1956)?

  1. To increase agricultural production

  2. To develop heavy industries

  3. To promote exports

  4. To reduce unemployment


Correct Option: A
Explanation:

The main objective of the First Five-Year Plan was to increase agricultural production in order to achieve food self-sufficiency.

Which industry was given the highest priority during the Second Five-Year Plan (1956-1961)?

  1. Agriculture

  2. Heavy industries

  3. Small-scale industries

  4. Cottage industries


Correct Option: B
Explanation:

The Second Five-Year Plan focused on the development of heavy industries, such as steel, cement, and machinery, in order to lay the foundation for industrial growth.

What was the main goal of the Third Five-Year Plan (1961-1966)?

  1. To achieve self-sufficiency in food grains

  2. To increase industrial production

  3. To reduce unemployment

  4. To promote exports


Correct Option: A
Explanation:

The Third Five-Year Plan aimed to achieve self-sufficiency in food grains production through the introduction of new agricultural technologies and the expansion of irrigation facilities.

Which sector received the largest share of investment during the Nehru era?

  1. Agriculture

  2. Industry

  3. Infrastructure

  4. Social welfare


Correct Option: B
Explanation:

The Nehru era witnessed a significant investment in the industrial sector, particularly in heavy industries, in order to promote industrialization and economic growth.

What was the impact of the Nehru era on the growth of the Indian economy?

  1. The economy grew at a rapid pace

  2. The economy stagnated

  3. The economy declined

  4. The economy experienced a mixed record of growth and stagnation


Correct Option: D
Explanation:

The Nehru era saw periods of rapid economic growth, particularly during the Second Five-Year Plan, but also experienced periods of economic stagnation, especially during the Third Five-Year Plan.

Which of the following was not a major achievement of the Nehru era?

  1. The establishment of a strong public sector

  2. The development of a modern infrastructure

  3. The expansion of educational opportunities

  4. The reduction of poverty


Correct Option: D
Explanation:

While the Nehru era witnessed significant economic development, the reduction of poverty remained a challenge, and poverty levels remained high throughout the period.

What was the main cause of the economic crisis of 1966?

  1. Drought

  2. War with Pakistan

  3. Failure of the monsoon

  4. All of the above


Correct Option: D
Explanation:

The economic crisis of 1966 was caused by a combination of factors, including drought, war with Pakistan, and the failure of the monsoon, which led to a decline in agricultural production and a rise in prices.

Which of the following was not a major policy initiative of the Nehru government?

  1. The establishment of the Planning Commission

  2. The nationalization of banks

  3. The Green Revolution

  4. The abolition of the zamindari system


Correct Option: C
Explanation:

The Green Revolution was a policy initiative of the Indira Gandhi government, not the Nehru government.

What was the main objective of the Community Development Program?

  1. To promote rural development

  2. To improve agricultural productivity

  3. To provide basic amenities to rural areas

  4. All of the above


Correct Option: D
Explanation:

The Community Development Program aimed to promote rural development, improve agricultural productivity, and provide basic amenities to rural areas.

Which of the following was not a major public sector undertaking established during the Nehru era?

  1. Steel Authority of India Limited (SAIL)

  2. Bharat Heavy Electricals Limited (BHEL)

  3. Hindustan Aeronautics Limited (HAL)

  4. Tata Steel


Correct Option: D
Explanation:

Tata Steel is a private sector company, not a public sector undertaking.

What was the main objective of the Industrial Policy Resolution of 1956?

  1. To promote the development of heavy industries

  2. To encourage the growth of small-scale industries

  3. To attract foreign investment

  4. To regulate the private sector


Correct Option: A
Explanation:

The Industrial Policy Resolution of 1956 aimed to promote the development of heavy industries in order to lay the foundation for industrial growth.

Which of the following was not a major factor contributing to the economic growth of the Nehru era?

  1. The expansion of the public sector

  2. The development of infrastructure

  3. The growth of the agricultural sector

  4. The inflow of foreign aid


Correct Option: C
Explanation:

The growth of the agricultural sector was not a major factor contributing to the economic growth of the Nehru era, as agricultural production remained largely stagnant during this period.

What was the main objective of the Five-Year Plans?

  1. To promote economic development

  2. To reduce poverty

  3. To achieve self-sufficiency in food grains

  4. All of the above


Correct Option: D
Explanation:

The Five-Year Plans aimed to promote economic development, reduce poverty, and achieve self-sufficiency in food grains.

Which of the following was not a major challenge faced by the Nehru government in its economic development efforts?

  1. The shortage of capital

  2. The lack of skilled labor

  3. The poor infrastructure

  4. The high level of foreign debt


Correct Option: D
Explanation:

The high level of foreign debt was not a major challenge faced by the Nehru government, as India's foreign debt remained relatively low during this period.

What was the main objective of the Land Reforms Act of 1950?

  1. To abolish the zamindari system

  2. To distribute land to landless farmers

  3. To consolidate land holdings

  4. All of the above


Correct Option: D
Explanation:

The Land Reforms Act of 1950 aimed to abolish the zamindari system, distribute land to landless farmers, and consolidate land holdings.

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