Free Indian Economy till Independence 01 Practice Test - 12th Grade - Commerce 

Question 1

The phenomenon of increased differences in wealth between the rich and poor countries which started around 1800 is called ___

A.

The Great Divergence

B.

The Great Convergence

C.

The Great Depression

D.

The Great Boom

SOLUTION

Solution : A

The phenomenon of increased differences in wealth between the rich and poor countries which started around 1800 is called the great divergence. 

Question 2

In which of these regions was the population growth restricted because of tropical diseases?

A.

China

B.

Europe

C.

Africa

D.

America

SOLUTION

Solution : C

Population growth in Africa was restricted due to the high incidence of tropical diseases which caused a lot of deaths.

Question 3

In the post industrial period, ___ was the driver of economic growth.

SOLUTION

Solution :

In the post-industrial period, productivity was the driver of economic growth. 

Question 4

Which of the following led to the destruction of the Indian markets?

A.

Integration of the global markets

B.

The industrialisation of Britain, bringing down the cotton prices

C.

The shift from a major exporter to a major importer of cotton

D.

All of these

SOLUTION

Solution : D

All these factors together contributed to the destruction of Indian industries.

Question 5

In the post-industrial world, people and not productivity was the main driver of growth.

A.

True

B.

False

SOLUTION

Solution : B

False. In the post-industrial world, productivity and not people was the main driver of growth.

Question 6

Under which of the following systems was the village headman responsible for rent collection?

A.

Zamindari system

B.

Ryotwari system

C.

Mahalwari system

D.

None of these

SOLUTION

Solution : C

The village headman responsible for rent collection under the Mahalwari system. Under this system, the rent could be increased periodically.

Question 7

The Ryotwari system was implemented in

A.

North-West India

B.

North India

C.

South India

D.

Central India

SOLUTION

Solution : C

The Ryotwari system was implemented in South India. Under this system, the government officials directly collected revenue from farmers.

Question 8

TISCO was incorporated in:

A.

1970

B.

1989

C.

1907

D.

1986

SOLUTION

Solution : C

TISCO (Tata Iron and Steel Company) was incorporated in 1907.

Question 9

At the time of independence, which of these sectors dominated in terms of the number of people?

A.

Agricultural sector

B.

Manufacturing sector

C.

Service sector

D.

None of these

SOLUTION

Solution : A

Agriculture was the main occupation of India on the eve of independence which accounted for almost 70-75% of the employed population.

Question 10

Famines occur only because there is not sufficient food to feed everyone. State true or false.

A.

True

B.

False

SOLUTION

Solution : B

Absolute scarcity of food i.e. a condition where there is insufficient food to feed everyone is extremely rare. Famines occur mostly because the food doesn't reach the people who need it the most. Hence, famines can also occur as a result of governance failures.