Indian Economy 1950-1990

19 solved questions from Class 12 Economics, each with the full working. Tap any question to see the step-by-step solution.

• 1 What is the primary topic or theoretical principle explored in 'Indian Economy 1950-1990' (Class 12 ECONOMICS)? medium MCQ Chapter Core Principle
• 2 Which key mechanism or analytical rule is highlighted in 'Indian Economy 1950-1990'? medium MCQ Key Analytical Mechanism
• 3 What is the primary topic or principle explained in 'Indian Economy 1950-1990' (Class 12 Economics)? medium MCQ Chapter Core Concept
• 4 Which key observation or fact is central to understanding 'Indian Economy 1950-1990'? medium MCQ Key Fact & Mechanism
• 5 Why is the study of 'Indian Economy 1950-1990' important for students of Class 12? medium MCQ Learning Significance
• 6 What is a common application or real-world example related to 'Indian Economy 1950-1990'? medium MCQ Real World Application
• 7 What key takeaway should students retain after completing 'Indian Economy 1950-1990'? medium MCQ Chapter Summary & Takeaway
• 8 Explain the major reasons for the slowdown in per‑capita income growth during the 1970s in India and critically evaluate how the nationalisation of banks in 1969 aimed to address this slowdown. hard 5 marks Evaluation of 1970s economic policies
• 9 During the Green Revolution, food grain production increased from 60 million tonnes in 1960 to 84 million tonnes in 1970. What was the percentage increase in production? easy MCQ 1 mark Percentage change in agricultural output
• 10 The average annual growth rate of industrial production during the Second Five-Year Plan (1956‑1961) was 4.5%. If the industrial production index was 100 in 1956, what was the index at the end of 1961? medium 2 marks Compound growth of industrial output
• 11 In 1975 the poverty line for a rural person was Rs 300 per month. In that year 70% of rural households (average size 5) were below the line. By 1990 the poverty line rose to Rs 400 and only 45% of rural households were below it. What is the reduction in the effective per‑capita poverty amount (in rupees per month) from 1975 to 1990? medium 2 marks Weighted average poverty measure
• 12 The share of agriculture in India's Gross Domestic Product (GDP) fell from 45% in 1950 to 30% in 1990. If the total GDP in 1990 was Rs 4.5 lakh crore, what was the value of agricultural output in 1990? easy 2 marks Agricultural share in GDP
• 13 Discuss two distinct effects of the 1978 price control measures on essential commodities on the informal sector's supply chain in India. hard 4 marks Impact of price controls on informal sector
• 14 Critically evaluate the impact of the 1969 nationalisation of major banks on credit flow to the agricultural sector up to 1985. In your answer, discuss the intended objectives, the mechanisms used, and the actual outcomes observed. hard 5 marks Bank nationalisation and agricultural credit
• 15 Which of the following was a major objective of the Monopolies and Restrictive Trade Practices (MRTP) Act of 1969? medium MCQ 3 marks MRTP Act objective
• 16 Critically analyze the impact of the 1973 oil crisis on the industrial growth of India during the Fifth Five-Year Plan (1971‑1976). Discuss the policy measures adopted and their effectiveness. hard 5 marks Oil crisis impact on Indian industry
• 17 Which sector was the primary focus of the Third Five-Year Plan (1961‑1966) in India? easy MCQ 1 mark Sector focus of Third Five‑Year Plan
• 18 During the Fourth Five-Year Plan (1967‑1971), India's GDP grew at an average annual rate of 4 %. If the GDP at the start of the plan was Rs 1.5 lakh crore, estimate its value at the end of the plan. medium 3 marks Compound growth of GDP
• 19 In 1985, the per capita income of India was Rs 8,500. If the population was 870 million, what was the total national income in rupees? hard 5 marks Calculating national income from per capita data