Top 50+ Solved Industrial Development in India since independence MCQ Questions Answer
Q. Which of the following was not an objective of the 1956 industrial policy?
a. Development of cooperative sector
b. Expansion of public sector
c. Develop heavy and machine making industries
d. None of the above
Q. The most urgent problem which prompted the introduction of the New Economic Policyin 1991 was
a. Foreign exchange crisis
b. All of these
c. Poor performance of public sector
d. High tax rate leading to tax evasion
Q. Which of the following industries are to be given compulsory licensing?
a. Alcohol
b. Tobacco
c. Drugs and pharmaceuticals
d. All the above
Q. Which of the following industries was de-reserved in 1993?
a. Atomic energy
b. Atopic minerals
c. Mining of copper and zinc
d. Railways
Q. Which of the following is not a Maha-Ratna industry?
a. GAIL
b. Coal India Limited
c. SAIL
d. Airports Authority of India
Q. Which of the following is a nav Ratna category unit?
a. HAL
b. Oil India Limited
c. MTNL
d. All the above
Q. Which of the following statements is correct?
a. The public sector was given a dominant position in the newly Independent India
b. The foreign trade policy post-Independence allowed free trade of all goods and services.
c. Monetary policy post-Independence sought to keep the CRR at a very low level.
d. None of the above.
Q. All of the following developments were noticed during 1991 (when economicreforms were enforced) except one. Identify it.
a. National debt was nearly 60 per cent of the GNP of Indi(a)
b. Inflation crossed double digits.
c. Foreign reserves were maintained at a very high level.
d. None of the above.
Q. At present there are only _________ industries for which licensing are compulsory.
a. 18
b. 3
c. 10
d. 9
Q. At present, in which sector 100 per cent FDI is allowed in India?
a. Defense
b. Drugs and pharmaceuticals
c. Banks
d. Insurance