Tag: british exploitation of the indian economy

Questions Related to british exploitation of the indian economy

People travelled in search of _________

  1. diamonds and gold

  2. coal and bronze

  3. New lands and people

  4. None of the above


Correct Option: C
Explanation:

People travelled in search of New lands and people.

From which decade did the MNC's begin to shift productions operations to low-wage Asian countries?

  1. 1970s

  2. 1990s

  3. 1950s

  4. 1960s


Correct Option: A

Which was the world's leading economy during the pre-Frist World War period?

  1. Turkey

  2. France

  3. Britain

  4. US


Correct Option: C

For how many years did the Second World War go on?

  1. 3 years

  2. 5 years

  3. 6 years

  4. 4 years


Correct Option: C

In which year was the United Nations Monetary and Financial Conference held?

  1. 1941

  2. 1944

  3. 1951

  4. 1954


Correct Option: B

What is the International Bank for Reconstruction and Development popularly known as?

  1. Deutsch Bank

  2. World Bank

  3. World Bank for Economic Reconstruction

  4. Bretton Woods system


Correct Option: B

Which country has an effective right of vote over key IMF and World Bank decisions?

  1. UK

  2. US

  3. China

  4. France


Correct Option: B

Which event led to the end of feudalism ? 

  1. Constantinople's fall

  2. First Religious War

  3. French Revolution

  4. American War of lndependence


Correct Option: C
Explanation:

On August 4, 1789, a body known as the National Assembly announced the end of feudalism in France. This stopped the Church from collecting taxes and most importantly, stopped the forced labor from the poor peasants. This also allowed positions in Church, government, and army to be open to all citizens of France.

Consider the following statements and choose the correct response from the options given thereafter :
Statement I : Traders and travellers introduced new crops to the land they travelled.
Statement II : Noodles most likely travelled from China through Arab traders to Sicily. 
Statement III : Potato reached the West through travellers and became the staple diet of the poor

  1. Statement I and statement III are true

  2. Statement II and statement III are true.

  3. All three statements are true.

  4. Statement I and statement II are true.


Correct Option: D

Which of the following issues was Bretton woods conference associated with?

  1. Post war economic system of US

  2. Establishment of World Bank

  3. Establishment of IMF

  4. Both (B) and (C)


Correct Option: D
Explanation:

The International Monetary Fund and the World Bank were both created at an international conference convened in Bretton Woods, New Hampshire, United States in July 1944. The goal of the conference was to establish a framework for economic cooperation and development that would lead to a more stable and prosperous global economy. While this goal remains central to both institutions, their work is constantly evolving in response to new economic developments and challenges.