100 MCQS on 11th Standard NCERT Indian Economic Development

100 MCQs on 11th

Standard NCERT
Indian Economic Development
Useful for RBI Grade B, SEBI Grade A, UPSC, EFPO and
other competitive exams.

Note: There are some current affairs-based questions related

to the syllabus of the book.

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

1 Which of the following statement/s is/are correct about Indian

Economy during British Rule?
1. The sole purpose of British colonial rule in India was to reduce the
country to being a feeder economy for Great Britain’s own rapidly
expanding modern Industrial base.
2. India had a dependent economy before the advent of the British rule.
3. Though agriculture was the main source of livelihood for most people,
yet, the country’s economy was characterized by various kinds of
service oriented activities like jute, cotton processing etc.
(1) Only 1
(2) Only 1,2
(3) Only 1,3
(4) Only 2,3

2. During British period few Economists made attempts to measure

national and per capita income. Whose estimates of the nations
and per capita incomes during the colonial period were considered
very significant?
(1) DadabhaiNaoroji
(2) William Digby
(3) V.K.R.V. Rao
(4) R.C. Desai
(5) M G Ranade

3 The world is divided into first world second world, third world
and fourth world in terms of:
(1) Per Capita Income
(2) Economic Growth
(3) Economic Development
(4) Size of GDP

4. Which of the following statement/s is/are correct?

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

1. Indian economy under the British colonial rule remained

fundamentally agrarian – about 75% of the country’s population lived
mostly in villages and derived livelihood directly or indirectly from
agriculture.
2. The agricultural sector continued to experience stagnation and not
infrequently, unusual deterioration
3. This stagnation in the agricultural sector was caused mainly because
of low per capital and holding, less use of technology and illiteracy.
(1) Only 1
(2) Only 1, 2
(3) Only 1, 3
(4) Only 2

5. Which of the following statements are correct?

1. During British period these was some evidence of a relatively higher
field of cash crops in certain areas of the country due to
commercialization of agriculture.
2. India divided’ was written by Dr.Rajendra Prasad.
3. ‘The Land Systems of British India’ was writher by R.C. Dutta.
4. ‘Economic History of India’ was written by B. L. Bader Powel.
(1) Only 1
(2) Only 2
(3) Only 1, 2
(4) Only 1, 2, 3

6. Tata Motors and Tata Airlines were established in which years

respectively?
(1) 1945, 1932
(2) 1908, 1931
(3) 1932, 1907
(4) 1931, 1908

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

7. Which of the following statements are correct?

1. Capital Goods Industry means industries which can produce machine
tools which are in turn used for producing artisan for current
consumption.
2. Capital Goods industry means industries which requires large amount
of capital generally Rs.1000 Crore and more.
3. Following are some of the Capital Goods subsectors. Dies, moulds
and tools Machine tools, Plastic Machinery etc.
(1) Only 1, 3
(2) Only 2, 3
(3) Only 1
(4) Only 3

8. During British period India became an_________ of primary

products and_________ of finished consumer goods.
(1) Importer, importer
(2) Importer, Exporter
(3) Exporter, Importer
(4) Exporter, Exporter

9. Which of the following statements about India’s foreign trade

during British India is/are correct?
1. More than 75% of India’s foreign trade was restricted to Britain while
rest was allowed with a few other countries like China, Ceylon, and
Perisa etc.
2. More than 50% of India’s foreign trade was restricted to Britain while
rest was allowed with a fee other countries like China, Ceylon, and
Perisa etc.
3. The opening of the Suez Canal further intensified British control over
India’s furies trade.
(1) Only 1
(2) Only 2
(3) Only 1, 3
(4) Only 2, 3

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

10. The most important characteristics of India’s foreign trade

throughout the colonial peril was/were
1. Generation of small export surplus.
2. Generation of large export surplus.
3. Several essential commodities food grains, clothes, kerosene
etc. became conspicuous by their acute scarcity in the domestic
(1) Only 1
(2) Only 2
(3) Only 1,3
(4) Only 2, 3

11. Economic development is

(1) Economic growth with reforms in agricultural and non-agricultural
activities.
(2) Economic growth accompanied by rise in efficient handling of
resources.
(3) Economic growth in underdeveloped and backward nations
(4) Economic growth with redistribution of resources in favour of worse
off

12. The path of development which does not compromise on

options of future development to secure development for the
present generation is called as:
(1) Progressive Development
(2) Quality of life
(3) Economic Development
(4) Sustainable Development

13. Which of the following Ministry has revised the Base Year of
the Consumer Price Index (CPI) from 2010 to 2012 with effect from
the release of indices for the month of January 2015.
(1) Ministry of Commerce and Industries
(2) Ministry of Finance
(3) Ministry of Statistics and Programme Implementation
(4) Ministry of Consumer Affairs

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

14. The GoI has released the new series of national accounts,
revising the base year from 2004-05 to _____. The base year of
national accounts was last revised in January _____.
(1) 2009-10, 2009
(2) 2010-11, 2009
(3) 2011-12, 2010
(4) 2011-12, 2011
(5) 2008-09, 2010

15. ‘Warehouse and Storage’ subsector comes under which sector

of Indian Economy?
(1) Primary
(2) Secondary
(3) Tertiary
(4) Quaternary

16. Unregistered manufacturing sector refers to those

manufacturing units.
(1) Which are not registered with MoF
(2) Which are not registered under Factory Act
(3) Which are not registered with MOSPI
(4) Which are not registered with Ministry of Corporate Affairs

17. In the History of demographic transition, which of the following

year is considered as the year of Great Divide?
(1) 1881
(2) 1901
(3) 1911
(4) 1921

18. The main intention of British rulers behind the introduction of

Railways in India was?
(1) For movement of British Army
(2) To earn profit through foreign trade
(3) To break geographical and cultural boundaries
(4) Cheap and rapid movement of people from one place to another

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

19. Nehruvian model of development laid greater stress on:

(1) Collective use of land
(2) Agricultural development
(3) Using imported seeds
(4) Rapid industrialization with particular emphasis on development of
basic and heavy industries

20. The first Five Year Plan was introduced in?

(1) January 1950
(2) April 1950
(3) January 1951
(4) April 1951

21. Who was the Chairman of the Planning Commission in 1960?

(1) Jawaharlal Nehru
(2) Lal Bahadur Shastri
(3) Gulzarilal Nanda
(4) Smt Indira Gandhi

22. India would be a Socialist society with a strong public sector

but also with private property and democracy; the government
would plan for the economy with the private sector being
encouraged to be part of the plan effort. Which of the following
reflected this outlook?
1. Industrial Policy Resolution 1956
2. Directive Principles of State Policy
3. Preamble of Indian Constitution
(1) Only 1
(2) Only 2
(3) Only 1, 2
(4) Only 2, 3

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

23. The goals of five year plans are:

1. Growth
2. Modernization
3. Self-Reliance
4. Equality
5. Equity
6. Export Orientation
(1) all except 2,4,6
(2) all except 2,4
(3) all except 4,6
(4) all except 2,3,6

24. Which of the following statements are correct?

1. Forestry is included in primary sector
2. Mining is included in primary sector
3. Fishing is included in primary sector
4. Water Supply is included in tertiary sector.
(1) Only 1,2,3
(2) Only 1,4
(3) Only 1,2
(4) Only 1,3,4
(5) All

25. Which of the following is not true for Small Scale Industries?
(1) SSIs are vital for generation of jobs
(2) SSI is labour intensive
(3) SSI needs small investment
(4) SSI is capital intensive

26. The Mahalnobis Model was developed for which of the

following plans?
(1) First
(2) Second
(3) Third
(4) Fourth

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

27. What does Infant Mortality Rate (IMR) refers to?

(1) The ratio of number of children who die before their fifth birthday
out of every 1000 live births
(2) The ratio of number of children who die before their first birthday
out of every 1000 live births
(3) The ratio of number of children who die before their fifth birthday
out of every 100 live births
(4) The ratio of number of children who die before their first birthday
out of every 100 live births

28. Combined Share of Primary and Secondary Sector of Indian

Economy in 1950-51 was approximately around:
(1) 83%
(2) 91%
(3) 78%
(4) 73%

29. Consider the following statements regarding the market and

state in Indian Industrial Development during first two five year
plans.
1. The State had to play an extensive role in promoting the industrial
Sector.
2. The State had complete control of those industries that were vital for
the economy.
3. The policies of the private sector were complimentary to those of the
public sector, with the public sector leading the way.

Which statements are correct?

(1) Only 1
(2) Only 1,3
(3) Only 2,3
(4) All

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

30. Which of the following statements regarding Industrial Policy

Resolution 1956 were correct?
1. The resolution classified industries into three categories.
2. This resolution formed the basis of the third Five Year Plan.
3. The purpose of this policy resolution was to promote regional
equality.
(1) Only 1
(2) Only 2
(3) Only 1,2
(4) Only 1,3

31. Which of the following countries cannot be called as Socialistic

countries?
1. China
2. India
3. Finland
4. Sweden
5. USA
6. Belgium
(1) Only 5
(2) Only 3,5
(3) Only 5,6
(4) Only 3,4,5

32. What is the criteria for Small Enterprise in Manufacturing

Sector?
(1) It is an enterprise wit turnover:
(2) Not exceed one crore rupees
(3) More than one crore rupees but does not exceed five crore rupees
(4) More than five five rupees but does not exceed fifty crore rupees
(5) More than five crore rupees but does not exceed seventy five crore
rupees

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

33. The Village and Small Scale Industries Committee was also
called as:
(1) Marathe Committee
(2) SSI Committee
(3) Tondon Committee
(4) Karve Committee

34. Green Revolution did not include which of the following

measures:
1. Use of HYV seeds
2. Use of insecticides and pesticides
3. Rural Electrification
4. Use of Chemical Fertilizers
5. Agricultural Credit Facilities
6. Increase of Irrigation Cover
(1) Only 3
(2) Only 4
(3) Only 5
(4) All included

35. Consider the following statements.

1. New Economic Policy implied replacement of LQP (Licensing, Quota,
Permits) by LPG.
2. A substantial rise in non-developmental expenditure was the root
cause behind the mounting fiscal deficits.
3. Liberalization means laissez faire.
Identify correct statements.
(1) Only 1
(2) Only 2
(3) Only 1,2
(4) Only 1,3

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

36. In late 1980s the government expenditure began to exceed its

revenue by such large margins that it became unsustainable. What
were the reasons?
1. Unemployment
2. Poverty
3. Population Explosion
4. Gulf War
5. Fall in Foreign Exchange Reserves
(1) Only 1,2,3
(2) Only 2,3,4
(3) Only 3,4,5
(4) Only 1,2,3,4

37. Identify the correct statements regarding Sterilization and

Stabilization.
1. Sterilization measures aimed to maintain sufficient foreign exchange
reserves and keep the rising prices under control.
2. Stabilization aimed at improving the efficiency of the economy and
increasing its international competitiveness by removing the rigidities in
various segments of the Indian economy.
3. Stabilization measures aimed to maintain sufficient foreign exchange
reserves and keep the rising prices under control.
4. Sterilization aimed at improving the efficiency of the economy and
increasing its international competitiveness by removing the rigidities in
various segments of the Indian economy.
5. Stabilization measures are long term measures.
6. Stabilization measures are short term measures.
(1) 1,2,5
(2) 1,2,6
(3) 3,4,5
(4) 3,4,6

38. The state which gained most from Green Revolution was:
(1) Orrisa
(2) Punjab
(3) Bihar
(4) Maharashtra
(5)

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

39. Land Ceiling Act is which kind of reforms?

(1) Agricultural
(2) Infrastructural
(3) Institutional
(4) Market

40. First Industrial Policy Resolution of independent India was

announced in which year?
(1) 1948
(2) 1951
(3) 1955
(4) 1956

41. Which of the following is/are not example/s of Direct Tax?

1. Corporation Tax
2. Property Tax
3. Security Transaction Tax
4. Service Tax
5. Gift Tax
(1) 2,3
(2) 3,4
(3) 4,5
(4) Only 4

42. At present (March 2020) how many Maharatna Companies are

there?
(1) 7
(2) 8
(3) 9
(4) 10

43. Which of the following is not a Maharatna Company (March

2020)?
(1) Bharat Heavy Electricals Limited
(2) Bharat Petroleum Corporation Limited
(3) Oil India Limited
(4) GAIL (India) Limited

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

44. Which of the following is not a criterion for grant of Maharatna

status?
(1) Listed on Indian stock exchange with minimum prescribed public
shareholding under SEBI regulations.
(2) Average annual turnover of more than Rs. 25,000 crores, during the
last 3 years.
(3) Average annual net worth of more than Rs. 10,000 crores, during
the last 3 years.
(4) Average annual net profit after tax of more than Rs. 5,000 crores,
during the last 3 years.

45. In post reform period, there has been fall in:

(1) Production
(2) GDP
(3) Tax Revenue
(4) GDP Growth Rate

46. Pre-condition of privatisation are:

1. Liberalisation
2. Deregulation
3. Capital markets should be sufficiently developed.
(1) 1,2
(2) 1,3
(3) 2,3
(4) All

47. Which of the following organisation settles the disputes among

the member countries?
(1) IMF
(2) World Bank
(3) IBRD
(4) WTO

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

48. Which of the following countries is not called as Gulf country

(Members of Gulf Cooperation Council)?
(1) Bahrain
(2) Kuwait
(3) Oman
(4) Iran

49. Which of the following is not a component of Foreign Exchange

Reserves?
(1) FCA
(2) Gold
(3) Paper Gold
(4) Sovereign Bonds in Dollar

50. WTO was established on?

(1) 1948
(2) 1984
(3) 1991
(4) 1995

51. Who was the first person to discuss the concept of Poverty
Line in Pre-Independent India?
(1) Shaheen Rafi Khan
(2) Damian Killen
(3) DadabhaiNaoroji
(4) Amartya Sen

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

52. Match the pairs:

Group A
A. Planning Commission Study Group
B. Task Force on Projections of Minimum Needs and Effective
Consumption Demand
C. Expert Group

Group B
1. 1962
2. 1965
3. 1979
4. 1989
5. 1956
(1) A-1, B- 2, C-3
(2) A-1, B-2, C-4
(3) A-2, B-3, C-4
(4) A-2, B-4, C-5

53. Identify correct Pairs:

Group A
A. Chronic Poor
B. Transient Poor
C. Non Poor

Group B
1. Always Poor
2. Usually Poor
3. Churning Poor
4. Occasionally Poor
5. Never Poor
(1) A-1, B- 2, C-3
(2) A-1, B-2, C-4
(3) A-2, B-3, C-4
(4) A-2, B-4, C-5

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

54. In 2014, the NDA government had junked the ______ committee
report on poverty as it had pegged 100 million more poor vis-à-vis
the last estimate based on the Tendulkar committee report.
(1) C Rangrajan
(2) Y V Reddy
(3) V K Saraswat
(4) Lakdawala

55. In less developed country

(1) Real wages are likely to be high
(2) The primary sector is likely to be significant
(3) The infrastructure is likely to be good
(4) Unemployment is likely to be low

56. Economic development as a concept is more relevant for.

Select most appropriate option.
(1) Developed Countries
(2) Developing Countries
(3) Underdeveloped Countries
(4) European Countries

57. Identify correct Pairs:

Group A
A. First Five Year Plan
B. Fourth Five Year Plan
C. Seventh Five Year Plan
Group B
1. 1951-56
2. 1966-71
3. 1969-74
4. 1981-86
5. 1985-90

(1) A-1, B- 2, C-4

(2) A-1, B-2, C-4
(3) A-1, B-3, C-5
(4) A-1, B-2, C-5

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

58. Which of the Following Five Year Plan’s objective/title was

‘Towards Faster and More Inclusive Growth?’
(1) 8th
(2) 9th
(3) 10th
(4) 11th

59. Identify correct Pairs in relation to the initial years of planning.

Group A (Approach towards Poverty Reduction)
A. First
B. Second
C. Third
Group B
1. Growth Oriented
2. Development Oriented
3. Poverty Alleviation
4. Minimum Basic Amenities
(1) A-1, B- 3, C-4
(2) A-1, B-2, C-4
(3) A-2, B-3, C-4
(4) A-1, B-2, C-3

60 As per Human Development Report 2019 the Rank of India in

HDI was:
(1) 126
(2) 127
(3) 128
(4) 129

61. In 2015-16 budget which of the following scheme has highest

allocation?
(1) PM-KISAN
(2) MGNREGS
(3) National Education Mission
(4) National Health Mission

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

62. Amartya Sen won Economics Nobel Prize in which year?

(1) 1995
(2) 1996
(3) 1997
(4) 1998

63. While considering Indian Census which decade had highest

decadal growth rate?
(1) 1995-61
(2) 1961-71
(3) 1971-81
(4) 1981-91

64. As per 2011 Census which of the following state has third
highest population?
(1) Bihar
(2) UP
(3) MP
(4) Maharashtra

65. Which of the following state has highest decadal growth rate
during 2001-2011?
(1) Jammu and Kashmir
(2) Bihar
(3) Arunachal Pradesh
(4) Meghalaya

66. Sarva Shiksha Abhiyan was launched in the year _______ in

India?
(1) 1986-87
(2) 1988-89
(3) 1999-2000
(4) 2000-2001

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

67. Which of the following is the website of Prime Minister of

India?
(1) pmindia.nic.in
(2) pmindia.gov.in
(3) pmoindia.nic.in
(4) pmindia.gov.com

68. Ministry of Human Resource Development (MHRD) of GoI has

which of the following Departments?
1. Department of Human Resource
2. Department of Educational Development
3. Department of Department of School Education & Literacy
4. Department of Department of Higher Education
5. Department of Higher and Technical Education
(1) Only 1,2
(2) Only 1,3
(3) Only 3,4
(4) Only 3,5

69. The AICTE was constituted in _____ as an advisory body in all

matters relating to technical education.
(1) 1945
(2) 1947
(3) 1952
(4) 1957

70. Kudumbashree is a women oriented community based poverty

reduction programme was launched in which of the following
states?
(1) Maharashtra
(2) Andhrapradesh
(3) Kerala
(4) Tamilnadu

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

71. Identify the famous personality.

1. She was Board Member of RBI.
2. She was Board Member of NABARD.3
3. She was a member of the Malegam Committee set up to study how
microfinance institutions should be regulated.
4. At NABARD, she was a member of the UC Sarangi committee set up
to study farmer indebtedness.
(1) Ms Ila Bhat
(2) Ms Shashi Rajgopalan
(3) Ms Usha Thorat
(4) Ms ShyamalaGopinath

72. Which of the following is not a part of institutional credit

structure in Rural area?
(1) Primary Agricultural Credit Societies
(2) NABARD
(3) Commercial Banks
(4) All are part of Rural Credit Structure

73. Kisan Credit Card was introduced by Government in

(1) 1978-79
(2) 1979-80
(3) 1980-81
(4) 1998-99

74. Which of the following Deputy Governor is on the Board of

NABARD?
(1) Shri. N S Vishvanathan
(2) Dr. M D Patra
(3) Shri M K Jain
(4) Shri. B P Kanungo

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

75. Functions of NABARD were categorized into which of the

following groups?
1. Financial
2. Regulatory
3. Developmental
4. Supervisory
5. Institutional
(1) 1,2,3
(2) 1,2,4
(3) 1,2,5
(4) 1,3,4

76. RBI has how much share (%) in NABARD as on March 31,
2019?
(1) 20
(2) 2
(3) 0.4
(4) 0

77. Which of the following is the largest cooperative bank in India?

(1) Saraswat Bank
(2) ICICI Bank
(3) Cosmos Bank
(4) Kalupur Commercial Cooperative Bank

78 An employment situation where the marginal productivity of

agricultural labour is zero is known as
(1) Structural unemployment
(2) Seasonal unemployment
(3) Agricultural unemployment
(4) Disguised unemployment

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

79 Consider the following economic events in India:

1. Green Revolution
2. Announcement of Socialistic Pattern of society as a goal of economic
planning
3. First Devaluation of Indian Rupee
4. Indian Census Act
The correct chronological sequence of these events is
(1) 1-2-3-4
(2) 1-2-4-3
(3) 3-4-1-2
(4) 4-3-1-2

80. Short term measure focused under the new economic policy
was
(1) Correcting the disequilibrium in foreign exchange market
(2) Reforms in financial and capital markets
(3) Trade and industrial reforms
(4) Technological up gradation of production facilities in different fields

81. Which of the following is not a correct statement regarding

unemployment?
(1) Workforce is a part of labour force.
(2) Cyclical unemployment is not secular unemployment, but frictional
employment is.
(3) All forms of unemployment reflect poverty, but all forms of poverty
do not necessarily reflect unemployment.
(4) Structural unemployment occurs due to change in composition of
demand and supply or due to change in technology.

82. How many industries are classified as Core Industries?

(1) 4
(2) 5
(3) 6
(4) 8

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

83. Total formal employment in the economy increased from 8% in

2011-12 to ____ % in 2017-18. as per Economic Survey 2019-20.
(1) 9
(2) 10
(3) 11
(4) 12

84. Which of the following is not a part of Social Infrastructure?

(1) School
(2) College
(3) Hospitals
(4) Village Roads

85. National Rural Livelihood Mission is a restructuring of which of

the two programmes?
1. NRHM
2. IRDP
3. SGSY
4. PMEGP
5. PMRY
(1) 1,2
(2) 1,4
(3) 2,3
(4) 2,4

86. Which organization had given the following definition of

Sustainable Development
“Sustainable development is development that meets the needs of the
present without compromising the ability of future generations to meet
their own needs.”
(1) UNFCCC
(2) UNCED
(3) UN
(4) World Bank

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

87. Dr.Amartya Sen’s theory relies on?

(1) Individuals’ accomplishments
(2) Individuals’ academic performance
(3) Individuals’ capabilities
(4) Individuals’ wealth

88. Human Poverty Indix was introduced in the Human

Development Report of the year.
(1) 1994
(2) 1995
(3) 1996
(4) 1997

89. Major form of energy generation in India is

(1) Hydro Power
(2) Nuclear Power
(3) Thermal Power
(4) Solar Power

90. Major Source of energy in India is

(1) Coal
(2) Petroleum
(3) Biogas
(4) Shell Gas

91 SEWA was founded by?

(1) Ms Ila Bhat
(2) Ms Shashi Rajgopalan
(3) Ms Usha Thorat
(4) Ms ShyamalaGopinath

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

92 The Green Revolution has led to marked increase in

1. Productivity of wheat
2. Productivity of Pulse
3. Regional Equalities
4. Inter-Personal Inequalities
(1) 1,2
(2) 1,3
(3) 3,4
(4) 1,3,4

93. Which of the following is not a feature of a developing

economy?
(1) High rate of unemployment
(2) High rate of population growth
(3) High rate of capital formation
(4) High IMR
(5) Widespread Poverty

94. What is the name of Monetary authority of Pakistan?

(1) Reserve Bank of Pakistan
(2) Federal Reserve of Pakistan
(3) State Bank of Pakistan
(4) Central Bank of Pakistan

95. What is official name of China?

(1) People's Republic of China
(2) Communist Republic of China
(3) People’s Communist of China
(4) Republic of Communist China

96. Reserve Bank of India was established in which city in 1935?

(1) Mumbai
(2) Delhi
(3) Kolkata
(4) All

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

97. Who was Prime Minister when India pledged Gold to solve BoP
problem?
(1) P V Narasimha Rao
(2) Chandra Shekhar
(3) V P Singh
(4) H D Deve Gowda

98. NABARD was separated from RBI in which of the following

year?
(1) 1978
(2) 1979
(3) 1981
(4) 1982

99. As per RBI Act, 1934, Reserve Bank of India has how many
Offices?
(1) 4
(2) 5
(3) 16
(4) 22

100. Which of the following does not constitute a part of the

jurisdiction of WTO?
(1) Agreement related to agriculture
(2) Trade related tariff and non-tariff barriers
(3) Regional trade agreements
(4) Trade related intellectual property rights \

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

ANSWERS : (100 MCQs on 11th Standard NCERT

Indian Economic Development)

1. Only 1
2. V.K.R.V. Rao
3. Economic Development
4. Only 1, 2
5. Only 1, 2
6. 1945, 1932
7. Only 1, 3
8. Exporter, Importer
9. Only 2, 3
10. Only 2, 3
11. Economic growth with redistribution of resources in favour of
worse off
12. Sustainable Development
13. Ministry of Statistics and Programme Implementation
14. 2011-12, 2010
15. Tertiary
16. Which are not registered under Factory Act
17. 1921
18. To earn profit through foreign trade
19. Rapid industrialization with particular emphasis on development
of basic and heavy industries
20. April 1951
21. Jawaharlal Nehru
22. Only 1, 2
23. all except 4,6
24. Only 1,3,4
25. SSI is capital intensive
26. Second
27. The ratio of number of children who die before their first birthday
out of every 1000 live births
28. 83%
29. All
30. Only 1,3
31. Only 5
32. More than five crore rupees but does not exceed seventy five
crore rupees
ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

33. Karve Committee

34. All included
35. Only 1,2
36. Only 1,2,3
37. 1,2,6
38. Punjab
39. Institutional
40. 1948
41. Only 4
42. 10
43. Oil India Limited
44. Average annual net worth of more than Rs. 10,000 crores,
during the last 3 years.
45. Tax Revenue
46. All
47. WTO
48. Iran
49. Sovereign Bonds in Dollar
50. 1995
51. Dadabhai Naoroji
52. A-1, B- 2, C-3
53. A-2, B-4, C-5
54. C Rangrajan
55. The primary sector is likely to be significant
56. Developed Countries
57. A-1, B-3, C-5
58. 11th
59. A-1, B- 3, C-4
60. 129
61. PM-KISAN
62. 1998
63. 1961-71
64. Bihar
65. Meghalaya
66. 2000-2001
67. pmindia.gov.in
68. Only 3,4
69. 1945
70. Kerala
ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.
100 MCQS on 11th Standard NCERT Indian Economic Development

71. Ms Shashi Rajgopalan

72. All are part of Rural Credit Structure
73. 1998-99
74. Dr. M D Patra
75. 1,3,4
76. 0
77. Saraswat Bank
78. Disguised unemployment
79. 4-3-1-2
80. Correcting the disequilibrium in foreign exchange market
81. Structural unemployment occurs due to change in composition of
demand and supply or due to change in technology.
82. 8
83. 12
84. Village Roads
85. 2,3
86. UNCED
87. Individuals’ capabilities
88. 1994
89. Thermal Power
90. Coal
91. Ms Ila Bhat
92. 1,3,4
93. High rate of capital formation
94. State Bank of Pakistan
95. People's Republic of China
96. Kolkata
97. P V Narasimha Rao
98. 1982
99. 4
100. Regional trade agreements

ixamBee offers online courses for RBI Grade B, SBEI Grade A, NABARD Grade A/B, NHB,
PFRDA and many more. Visit www.ixamBee.com for further details.