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

Find here the NCERT Book Multiple Choice Questions from Class 12 Economics book with Answers Pdf free download as per CBSE new exam pattern. This may assist you to understand and check your knowledge about the chapters. Students also can take a free test of the Multiple Choice Questions of Class 12 Economics. Each question has four options followed by the right answer. These MCQ Questions are selected supported by the newest exam pattern as announced by CBSE.

Q1. In how many sectors is the occupational structure of India is divided?

(A) One
(B) Two
(C) Three
(D) Four

Q2. What is another name for the service sector?

(A) Tertiary
(B) Primary
(C) Secondary
(D) Agriculture

(A) Tertiary

Q3. What was the nature of the Indian economy on the eve of independence?

(A) Stagnant
(B) Backward
(C) Underdeveloped
(D) All of these

(D) All of these

Q4. What was the life expectancy at birth in India on the eve of Independence?

(A) 44 years
(B) 50 years
(C) 60 years
(D) All of these

(A) 44 years

Q5. What was the growth rate of per capita income in India on the eve of Independence?

(A) 0.9%
(B) 0.5%
(C) 1.2%
(D) 3%

(B) 0.5%

Q6. Which of the following activities is included in the primary sector?

(A) Agriculture
(B) Services
(C) Industries
(D) All of these

(A) Agriculture

Q7. In which of the following sectors is manufacturing activity included?

(A) Primary
(B) Tertiary
(C) Secondary
(D) All of these

Q8. Where was the first iron and steel company established?

(A) Kolkata
(B) Jamshedpur
(C) Patna
(D) Ranchi

(B) Jamshedpur

Q9. What is the tax or duty on imports called?

(A) Tariff
(B) Quota
(C) Export
(D) None of these

(A) Tariff

Q10. Which of the following was the major occupation on the eve of independence?

(A) Industry
(B) Services
(C) Agriculture
(D) None of these

Q11. The country’s growth of aggregate real output was less than __ during the first half of the twentieth century.

two percent

Q12. The Indian economy was a/an _ economy at the time of independence.

agrarian

Q13. __ of agriculture increased the burden of revenue on farmers.

Commercialisation

Q14. The distribution of the working population in different sectors of the economy offers a glimpse of __ structure.

occupational

Q15. The second stage of demographic transition began after __ in India.

1921

Q16. Indian economy served as a source of _ for the British industry and a market for its finished goods.

raw material

Q17. __ were developed by the British raj as a means to enlarge the size of the market for the British goods.

Railways

Q18. The British introduced the railways in India in __

1850

Q19. The __ sector accounted for 17.2 percent of the working population on the eve of Independence.

tertiary/service

Q20. India’s first official census was undertaken in _

1881

Q21. India was a prosperous and wealthy economy prior to the advent of British rule.

True

Q22. The colonial rule destroyed India’s traditional handicraft industry.