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11th Standard Economics Development Experiences in India English Medium Free Online Test One Mark Questions 2020 - 2021

11th Standard

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Economics

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. The Arguments against LPG is_____

    (a)

    Economic growth

    (b)

    More investment

    (c)

    Disparities among people and regions

    (d)

    Modernization

  2. Goods and Services Tax is _____

    (a)

    a multi point tax

    (b)

    having cascading effects

    (c)

    like Value Added Tax

    (d)

    a single point tax with the cascading effects

  3. The recommendation of Narashimham Committee Report was submitted in the year____

    (a)

    1990

    (b)

    1991

    (c)

    1995

    (d)

    2000

  4. The Raja Chelliah Committee on Trade Policy Reforms suggested the peak rate on import duties at____.

    (a)

    25%

    (b)

    50%

    (c)

    60%

    (d)

    100%

  5. _____ Architect of new economic policy.

    (a)

    Manmohan Sing

    (b)

    Dr. Raj Krishna

    (c)

    Shri. P.V. Narshima Rao

    (d)

    Amartiya Sen

  6. Most of the problems relating to the marketing____

    (a)

    fruits

    (b)

    Vegetables

    (c)

    both

    (d)

    none

  7. The new Industrial Policy of 1991 has abolished_______.

    (a)

    Monopoly

    (b)

    Restrictive trade practice

    (c)

    Both 'a' and 'b'

    (d)

    'b' only

  8. EPZ indicates______.

    (a)

    Export Product Zone

    (b)

    Export Processing Zone

    (c)

    Export Price Zone

    (d)

    Export Zone

  9. The main cause for economic reforms

    (a)

    Growing inefficiency in the use of resources

    (b)

    Over production of industry

    (c)

    Mismanagement of firms and the economy

    (d)

    All the above

  10. Raja J. Chellaiah committee was meant for_______.

    (a)

    Fiscal reforms

    (b)

    Banking reforms

    (c)

    Fiscan reforms

    (d)

    Financial reforms

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