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Kautilya Batch
Indian Economy 1950-1990 DPP-2

1. Green Revolution in India was most successful in : 7. Which of the following statements about the land
(1) Wheat and Jute ceiling policy is true ?
(2) Rice and Cotton (1) It led to equity in agriculture sector
(3) Wheat and Rice (2) Many landlords were able to escape the
(4) None of these legislation
(3) The implementation of legislation was
challenged by small tenants
2. “Abolition of Intermediaries” and “Land Ceiling”
are part of : (4) It was successful in kerala and West Bengal
(1) Industrial reforms in India
(2) External sector reforms in India 8. ________________ is the portion of agricultural
produce which is sold in the market by the farmers
(3) Land reforms in India
after meeting their self consumption requirements :
(4) Banking reforms in India
(1) Trade surplus
(2) Marketable surplus
3. India adopted the __________________ economic
(3) Producer surplus
system.
(4) Consumer surplus
(1) Capitalist
(2) Mixed
9. Before the advent of Green Revolution in 1960’s,
(3) Socialist
India was primarily dependent on _____________
(4) None of these
the supply of foodgrains.
(1) USA
4. Land Ceiling refers to :
(2) UK
(1) Fix rural landholdings at the existing level
(3) Mexico
(2) Fix land area for irrigation purposes
(4) USSR
(3) Fix urban landholdings at the existing level
(4) Fix quantum of land held by an individual
10. _______________ economy is the economy in
which means of production are owned, controlled
5. GDP stands for : and operated by the government.
(1) Gross Domestic Product (1) Mixed
(2) Gross Domestic Process (2) Socialist
(3) Gross Development Process (3) Capitalist
(4) None of these (4) None of these

6. Which one of these is a central problem of an

economy ?
(1) What to produce
(2) How to produce
(3) For whom to produce
(4) All of these
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Answer Key
1. (3) 6. (4)
2. (3) 7. Both (2) & (4)
3. (2) 8. (2)
4. (4) 9. (1)
5. (1) 10. (2)

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