Indian Economy on the Eve of Independence MCQ Class 12 Micro Economics Chapter 1

We have compiled the NCERT/CBSE chapter-wise Multiple Choice Class 12 Economics Chapter 1 Indian Economy on the Eve of Independence with Answers by expert subject teacher for latest syllabus and examination. Prepare effectively for the exam taking the help of the Class 12 Economics Objective Questions PDF free of cost from here. Students also can take a free test of the Multiple Choice Questions of Indian Economy on the Eve of Independence. Each question has four options followed by the right answer. Download the Economics Quiz Questions with Answers for Class 12 Pdf and prepare to help students understand the concept very well.

MCQ Questions for Class 12 Microeconomics with Answers: Indian Economic Development

Question 1.

When were the railways Introduced in India?

(i) 1769
(ii) 1825
(iii) 1850
(iv) 1875

(iii) 1850

Question 2.

What is another name for the service sector?

(i) Tertiary
(ii) Primary
(iii) Secondary
(iv) Agriculture

(i) Tertiary

Question 3.

If Britain was the ruling imperial power, India, was it’s?

(i) Colony
(ii) Territory
(iii) Neighbor
(iv) Superpower

(i) Colony

Question 4.

At the time of independence, most of the land was owned by

(i) farmers
(ii) zamindars
(iii) labour
(iv) all of these

(ii) zamindars

Question 5.

What was the life expectancy at birth in India on the eve of Independence?

(i) 44 years
(ii) 50 years
(iii) 60 years
(iv) All of these

(i) 44 years

Question 6.

The most predominant sector of the Indian Economy prior to independence was?

(i) Agriculture
(ii) Industry
(iii) Service sector
(iv) Trade sector

(i) Agriculture

Question 7.

What was the life expectancy in India during the British rule?

(i) 65
(ii) 38
(iii) 32
(iv) 44

(iv) 44

Question 8.

In which of the following sectors is manufacturing activity included?

(i) Primary
(ii) Tertiary
(iii) Secondary
(iv) All of these

(iii) Secondary

Question 9.

The first Census year of British India was?

(i) 1991
(ii) 1947
(iii) 1881
(iv) 1757

(iii) 1881

Question 10.

Indian economy on the eve of Independence was

(i) underdeveloped
(ii) developing
(iii) stagnant
(iv) semi-feudal

(i) underdeveloped

Question 11.

What is the tax or duty on imports called?

(i) Tariff
(ii) Quota
(iii) Export
(iv) None of these

(i) Tariff

Question 12.

Apart from Cotton which other textile industry saw its advancement in parts of India during the British rule?

(i) Jute
(ii) Sugar
(iii) Paper
(iv) Tea

(i) Jute

Question 13.

Who made significant estimates about calculating national income in India during the British period?

(i) V.K.R.V. Rao
(ii) Dadabhai Naoroji
(iii) Findlay Shirras
(iv) William Digby

(i) V.K.R.V. Rao

Question 14.

Where was the first iron and steel company established?

(i) Kolkata
(ii) Jamshedpur
(iii) Patna
(iv) Ranchi

(ii) Jamshedpur

Question 15.

TISCO was established in India in the year?

(i) 1917
(ii) 1817
(iii) 1907
(iv) 1807

(iii) 1907

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Indian Economy on the Eve of Independence MCQ Questions for Class 12 Micro Economics Chapter 1 with Answers