Class XII Indian Economy- ARQ Test Paper - 2021 CH 1-6

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Class XII Indian Economy- ARQ Test Paper - 2021 CH 1-6

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ASSERTION REASON QUESTIONS 1. Read the following statements : Assertion (A) and Reason (R).Choose one of the correct alternatives given below: Assertion (A) India became an exporter of primary products and an importer of finished consumer and capital goods produced in Britain. Reason (R): Restrictive policies of commodity production trade and tariff pursued by the colonial government adversely affected the structure composition and volume of India’s foreign trade.Alternatives: *

1 point

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.

2. Read following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A) : During the British rule production of cash crops improved the economic condition of farmers. Reason (R): Farmers were given higher price to produce cash crops. Alternatives: *

1 point

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. Read the following statements: assertion (R). choose one of the correct alternatives given below:Assertion (A): Decline of handicraft Industry led to increase in import of manufactured goods from Britain.Reason (R): The India made goods could not withstand the foreign competition of machine made cheap goods.Alternatives: *

1 point

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. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): The agricultural sector accounted for the largest share of workforce with approximately 75%.Reason (R): All the states witnessed an increase in dependence of workforce on the agricultural sector.Alternatives: *

1 point

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. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): The opening of Suez Canal in 1869 reduced the cost of transportation.Reason (R): Suez Canal provided a direct trade route for ships operating between Britain and India.Alternatives: *

1 point

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. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A) The infrastructure facilities during British Rule were highly developed .Reason (R): The main aim motive behind infrastructural development was to serve various colonial interests.Alternatives: *

1 point

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.

7. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): Under the British rule, there was huge export surplus due to excess exports.Reason (R): India became an exporter of primary products and an importer of finished goods.Alternatives: *

1 point

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.

8. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A) Farmers were forced to produce cash crops like cotton or jute instated of conventional crops like rice and wheat during the British Rule.Reason (R): Agriculture was exploited through Zamindari System under the colonial Rule.Alternatives: *

1 point

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. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): During the Colonial rule, India’s exports exceeded imports which resulted in surplus of balance of trade.Reason (R): Trade Surplus was used for the development of Indian economy.Alternatives: *

1 point

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.

10. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): India’s renowned handicraft industry was systematically destroyed due to discriminatory tariff policies of the British Government.Alternatives: *

1 point

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. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): 1921 is regarded as the Year of the Great Divide’.Reason (R): After 1921, the total population in India never declined.Alternatives: *

1 point

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.

12. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): India could not develop a sound industrial base under British Rule.Reason (R): the colonial government reduced India to the status of a mere exporter of raw materials to be used by upcoming modern industries in Britain.Alternatives: *

1 point

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.

13. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): Government made use of Tariffs’ and Quotas to protect goods produced India from imports.Reason (R): Restriction on imports of general goods was necessary as the planners wanted to encourage import of luxury goods.Alternatives: *

1 point

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. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): The major policy initiative 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. Alternatives: *

1 point

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. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): Land Reforms were needed in India as majority of its population depended on agriculture.Reason (R): Ownership of land would give incentives to the actual tillers to make improvements.Alternatives: *

1 point

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.

16. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): Industries were reclassified into three categories viz., Schedule A, Schedule B and Schedule C in Industrial Policy Resolution (IPR) 1956.Reason (R): The System of industrial Licensing was used for all types of industries after the IPR 1956 Alternatives: *

1 point

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.

17. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): in the first phase of green Revolution, all the states received the HYV seeds.Reason (R): The use of HYV seeds primarily benefited the wheat growing regions only.Alternatives: *

1 point

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.

18. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): HYV seeds were the main reason for agricultural revolution in India.Reason (R): The major benefit of HYV seeds was that they needed less irrigation facilities.Alternatives: *

1 point

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.

19. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): During Industrial Development (1950-1990). Many public sector firms incurred huge losses and were therefore, shut down.Reason (R): Public sector firms continued to function even though the were putting drain on nation’s limited resources because of difficulty ion closing a government undertaking.Alternatives: *

1 point

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.

20. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): Land reforms were successful in Uttar Pradesh and Haryana Reason (R): Governments of these states were committed to the policy of land reforms.Alternatives: *

1 point

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.

21. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): the concept of Socialist Economy for the country’s growth and development was adopted by Soviet Union.Reason (R): There was no difference in the nature of planning model adopted by India compared with Alternatives: *

1 point

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.

22. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): Every year, government fixes a target for disinvestment of Public Sector Enterprises (PSEs.)Reason (R): Disinvestments is an excellent tool for discarding the loss incurring Public Sector Enterprises (PSE.s)Alternatives: *

1 point

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.

23. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): India has become a favorable destination of outsourcing for most of the MNC’s. Reason (R): India has vast skilled and cheap manpower which enhances the faith of MNCs for investment In India.Alternatives: *

1 point

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.

24. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): After the new Economic Policy announced in 1991, domestic competition has increased Reason (R): Industrial sector reforms abolished industrial licensing for all the projects, except for a short list of industries.Alternatives: *

1 point

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.

25. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): Under the Financial Sector Reforms. Financial sector was allowed to take decisions on after consulting RBI.Reason (R): The role of RBI was reduced from regulator to facilitator of financial sector.Alternatives: *

1 point

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.

26. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): New Economic policy introduced in 1991 initiated liberalization of the India Economy.Reason (R):Industrial growth was very slow before 1991. Alternatives: *

1 point

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.

27. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): While determining the poverty line, higher calorie intake is fixed for rural areas.Reason (R): People in rural areas have to do greater physical work as compared to urban people.Alternatives: *

1 point

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.

28. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): Growth-oriented approach to remove poverty proved to be quite effective.Reason (R): Population growth resulted in a very low growth in per capital incomes.Alternatives: *

1 point

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.

29. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): Although there is a steady decline in poverty over the last two decades but total number of poor people has remained constant.Reason (R): There has been a considerable growth in population.Alternatives: *

1 point

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.

30. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): The poverty Alleviation programmes have been found unsatisfactory Reason (R): Huge amount of resources have been allocated for poverty Alleviation Programmes. Alternatives: *

1 point

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.

31. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): India ranks first in the world in milk production.Reason (R): India’s milk production increased due to operation Flood.Alternatives: *

1 point

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.

32. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): Rural Baking has lesser attention on the credit requirements of Small and marginal farmers.Reason (R): Marginal farmers enjoy better credit worthiness.Alternatives:a. Both Assertion (A) and Reason (R)are true and Reason (R)is the correct explanation of Assertion (A)b. Both Assertion (A) and reason (R)are true and Reason (R) is not the correct explanation of Assertion (A).c. Assertion (A) is true but Reason (R)is false.d. Assertion (A) is false but Reason (R) is true. *

1 point

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.

33. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): India Government took various measures to improve agricultural marketing.Reason (R): Farmers were often forced to sell at low prices due to lack of required market information. Alternatives: *

1 point

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.

34. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): Rural Development includes only agricultural development.Reason (R): Rural Development aims at improving the economic and social conditions of people living in villages.Alternatives: *

1 point

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.

35. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): Diversification of crop production lead to shift from single-cropping system to multi- cropping system.Reason (R): It reduced the income of farmers due to increase in market risk because of price fluctuation.Alternatives: *

1 point

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.

36. Read the following statements: Assertion (A) and Reason (R) Choose one of the correct alternatives given below:Assertion (A): The focus of Self-help Group (SHG) is largely on rural poor.Reason (R): Rural poor have no sustainable access to the formal banking system.Alternatives: *

1 point

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.

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