Free Indian Economy till Independence 02 Practice Test - 12th Grade - Commerce 

Question 1

In a Malthusian world, preventive checks are enforced on the population by the nature while positive checks are adopted by the population. State true or false.

A.

True

B.

False

SOLUTION

Solution : B

Preventive checks are measures adopted by a population while positive checks are a result of environmental pressures.

Question 2

In pre-industrial times, which of the following contributed the most to a country's economy?

A.

agriculture

B.

trade of agricultural products

C.

manufacture

D.

trade of manufactured products

SOLUTION

Solution : D

Even though the economy was primarily agrarian, the revenues from trade mainly arose out of trade of manufactured products.

Question 3

Ensuring capital investment and a supply of credit for the many investment opportunities was important for the economic growth of the US. ___ banks were set up for this purpose.

SOLUTION

Solution :

Ensuring capital investment and a supply of credit for the many investment opportunities was important for the economic growth of the US. Investment banks were set up for this purpose.

Question 4

In the 19th century, almost 20% of the Indian population was literate.

A.

True

B.

False

SOLUTION

Solution : B

Only 6% of the adult population was literate in the 19th century.

Question 5

The main investments of Britain in Indian were in which of these fields?

A.

Technology

B.

Military

C.

Commerce

D.

Science

SOLUTION

Solution : B and C

Britains major investments in India were in military ventures and commerce.

Question 6

In which of the following systems was the rent fixed and a revenue collector was appointed by the government who was responsible for rent collection?

A.

Zamindari system

B.

Ryotwari system

C.

Mahalwari system

D.

None of these

SOLUTION

Solution : A

In the Zamindari system the rent was fixed and a revenue collector was appointed by the government who was responsible for rent collection.

Question 7

Which system of land settlement put the farmer's interests first and benefitted the farmers?

A.

Zamindari system

B.

Mahalwari system

C.

Ryotwari system

D.

None of these

SOLUTION

Solution : D

None of these systems put the cultivator's interests first and all were extremely hard on the farmers.

Question 8

Which was the primary export destination of India under the colonial rule?

A.

USA

B.

Britain

C.

China

D.

Arab countries

SOLUTION

Solution : B

Britain had complete control over India's imports and exports. More than half of India's foreign trade was restricted to Britain.

Question 9

In which stage of the demographic transition model is there a decline in the total population?

A.

Stage 1

B.

Stage 2

C.

Stage 4

D.

Stage 5

SOLUTION

Solution : D

The total population declines during the fifth stage of the demographic transition model which is called the decline stage.

Question 10

13th century Britain was characterized by a high birth rate, high death rate and an average life expectancy of 31 years. What stage of the demographic transition model is this?

A.

High stationary

B.

Low stationary

C.

Declining

D.

Early expanding

SOLUTION

Solution : A

High birth and death rates along with a short life expectancy mean that the population was in the high stationary stage in the demographic transition model.