Class XII Economics - Indian Economic Development 1950-1990 Test Paper Part I ARQ, CASE STUDY- 2021

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CASE STUDY BASED QUESTIONS CASE STUDY -1 Read the following case study paragraph carefully and answer the questions based on the same. A plan spells out how the resources of a nation should be use. It should have some general goals as well as specific objectives which are to be achieved within a specified period. In India plans were of five years duration and were called five-year plans (we borrow this from the former Soviet Union, the pioneer in national planning). Our plan documents up to the year 2017 not only specify the objectives to be attained in the five years of a plan but also what is to be achieved over a period of twenty years. This long-term plan is called ‘perspective plan’. The five-year plans were supposed to provide the basis for the perspective plan. 1. When did India give its first five-year plan ___________? *

1 punt

1950

1951

1947

1949

2. Planning commission, the erstwhile central planning authority in the country, has been replaced by ________ *

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NITI Aayog

UGC

3. ‘Government decides what goods are to be produced in accordance with the needs of society’. Under what type of economic system does this take place _________ *

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Capitalistic economy

socialist economy

Both (a) and (b)

None of these.

4. When was Indian planning commission constituted? *

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6th August 1952

15th March 1950

15th August 1947

1st April 1997

CASE STUDY -2 Read the following case study paragraph carefully and answer the questions based on the same. The Green Revolution started in 1965 with the first introduction of HYV seeds in India agriculture. This was coupled with better and efficient irrigation and the correct use of fertilizers to boost the crop. The result of the Green Revolution was to make India self-sufficient when it came to food grains. After 1997 India had to rebuild its economy. Over three-quarters of the population depended on agriculture in some way. But agriculture in India was faced with several problems. Firstly, the productivity of grains was very low, and India was still monsoon dependent because of lack of irrigation and other infrastructure. There was also an absence of modern technology. And India had previously faced severe famines during the British Raj, who has only promoted cash crops instead of food crops. The idea was to never depend on any other country for food sufficiency. So in 1965, the government with the help of Indian geneticists M.S. Swaminathan, known as the father of Green Revolution, launched the Green Revolution. The movement lasted from 1967 to 1978 and was a great success. 1. Green revolution is related with ____________. *

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Modern technology.

Better irrigation facilities

HYV seeds

All of the above.

2. Britishers encouraged Indian farmers to grow food crops. *

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True

False

3. What was the need of green revolution to make India ________? *

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Sufficient production

Modernisation

Self- sufficient

None of these.

ASSERTION AND REASON BASED QUESTIONS 1. Assertion (A): Growth and social justice is the central objective of Indian plans. Reason (R): India opted for planning to utilize available resources efficiently and to establish social justice. *

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Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanationof assertion (A)

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion

Assertion (A) is true but Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

2. Assertion (A): Subsidies were, needed to encourage farmers. Reason (R): Any new technology is looked upon as being risky by farmers *

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Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Assertion (A) is true but Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

3. Assertion (A) : Industry provides employment which is more stable than the employment in agriculture. It promotes modernisation and overall prosperity. Reason(R): Economists have found that poor nations can progress only if they have a good industrial sector. *

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Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Assertion (A) is true but Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

4. Assertion (A) The year 1921 is described as the year of Great Divide. Reason (R) It was from this year, population started increasing continuously. *

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Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Assertion (A) is true but Reason (R) is false.

Assertion (A) is false but Reason (R) is true

5. Assertion(A) Economic planning rules out the free play of market force. Reason (R). it does not rule out free play of market forces rather it is dependent on model of economic planning. *

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Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Assertion (A) is true but Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

6. Assertion (A): Tariffs and quotas in the economic policy post-independence were used to assist domestic industries. Reason (R) : Our planners wanted to use foreign exchange for importing luxury goods. *

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Both Assertion and Reason are true, and Reason is the correct explanation of Assertion.

Both Assertion and Reason are true and Reason is not the correct explanation of Assertion.

Assertion is true, but Reason is false

Assertion is false but Reason is true.

7. ASSERTION (A): Public sector was given leading role in industrialization during the period of planning. REASON (R) Private sector was not having enough capital and also market was not so big to encourage industrialists to undertake big projects even if they had capital to do so. Alternatives: *

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Both (A) and (R) are true (R) is correct explanation of (A)

Both (A) and (R) are true (R) is not correct explanation of (A)

(A) is true (R) is false.

(A) is false (R) is true.

8. Assertion (A): A good indicator of economic growth is steady increase in Gross domestic product (GDP). Reason(R): GDP is the market value of all goods and services produced in a country during a year *

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Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A)

Both Assertion (A) and Reason (R) are true, and Reason (R) is not the correct explanation of Assertion (A)

Assertion (A) is true, but Reason (R) is false.

Assertion (A) is false, but Reason (R) is true.

9. Assertion (A): One of the pillars of IPR 1956 was to check concentration of economic power in few individuals, groups, or business houses. Reason(R): It established the public sector as epicentre of industrialization. *

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Both (A) and (R) are true (R) is correct explanation of (A)

Both (A) and (R) are true (R) is not correct explanation of (A)

(A) is true (R) is false.

(A) is false (R) is true.

10.Assertion (A) GDP indicates the size of an economy. Reason (R): A higher GDP indicates higher economic activity. *

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Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Assertion (A) is true but Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

11.Assertion (A): Growth and social justice is the central objective of Indian plans. Reason (R): India opted for planning to utilize available resources efficiently and to establish social justice. *

1 punt

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion

Assertion (A) is true but Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

12.Assertion: The small-scale industries generate more employment than the large-scale industries. Reason: Small scale industries are more 'Capital intensive industries '. Therefore, generate more employment. *

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Both A and R are true but R is the correct explanation of A.

Both A and R are true but R is not the correct explanation of A.

A is true but R is false.

A is false but R is true.

13.Assertion: The need to obtain a license to start an industry was misused by big industrial houses. Reason: A big industrialist would get a license not for starting new firm but to prevent competitors from starting new firms. *

1 punt

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Assertion (A) is true but Reason (R) is false.

Assertion (A) is false but Reason (R) is true

14.Assertion: Only a handful of states benefited from green revolution in India Reason: Success of green revolution depends on policy implementation by state government. *

1 punt

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Assertion (A) is true but Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

15.Assertion: The progress of the Indian economy during the first seven plans was impressive indeed. Reason: PSUs earned a huge profit during first five-year plans. *

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Both A and R are true and R is the correct explanation of A.

Both A and R are true but R is not the correct explanation of A

A is true but R is false

A is false but R is true.

16.ASSERTION(A): The major policy initiatives i.e. land reforms and green revolution helped India to become self-sufficient in food grains production REASON(R): The proportion of people depending on agriculture did not decline as expected. *

1 punt

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanationof Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

17.Assertion- The developing countries (like India) can progress only if they have a good industrial sector. Reason-. Industry provides employment, which is more stable than the employment in agriculture. *

1 punt

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

18. Assertion : The contribution made by Primary, secondary and tertiary sectors in the GDP of a country is called sectoral composition of the economy. Reason: In some countries growth in agriculture contributes more to GDP, while in some countries growth in the service contributes more to GDP. *

1 punt

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

19. Assertion (A): NITI Aayog is a policy think-tank of Government of India that aims to involve the states in economic policy making in India. Reason (R): Planning commission was replaced on January 1, 2015 due to its traditional top-down approach. *

1 punt

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) is false

Assertion (A) is false but Reason (R) is true.

20.Assertion (A): The land reforms helped in establishing a relationship between the farmers and the government. Reason (R): Land reforms ensured that the farmers benefited from their own labour and promoted equality of wealth. *

1 punt

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanationof assertion (A)

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

21.Assertion: Because of India’s rapidly growing population the country's traditional agricultural practices yielded insufficient food production. Reason : (R ) Agricultural technological advancements offered opportunities to increase productivity. *

1 punt

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

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