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Indian Economy on the Eve of Independence Test - 1

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Indian Economy on the Eve of Independence Test - 1
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Weekly Quiz Competition
  • Question 1
    1 / -0

    Opening of Suez Canal in ____ significantly reduced the cost f transportation of goods between Britain and India

    Solution

    Explanation:

    The Suez Canal is a 101 mile (163 km) long canal ,It officially opened in November 1869.

     

  • Question 2
    1 / -0

    Which year regarded as Year of great divide

    Solution

    Explanation:

    The year 1921 is a year of the great divide in the demographic history of India when mortality started to decline leading to acceleration in the rate of population growth. 

     

  • Question 3
    1 / -0

    Life expectancy during colonial period was

    Solution

    Explanation:

    Life expectancy in India was 32 years at the time of independence in 1947.

     

  • Question 4
    1 / -0

    TISCO stands for

    Solution

    Explanation:

    The Tata Iron and Steel Company (TISCO) was incorporated in 1907.

     

  • Question 5
    1 / -0

    When was the first census data collected during British India

    Solution

    Explanation:

    A systematic and modern population census, in its present form was conducted non synchronously between 1865 and 1872 in different parts of the country. This effort culminating in 1872 has been popularly labeled as the first population census of India However, the first synchronous census in India was held in 1881.

     

  • Question 6
    1 / -0

    Goods which were exported during colonial period

    Solution

    Explanation:

    During colonial period India became an exporter of primary products such as raw silk, cotton, wool, sugar, indigo, jute etc. and an importer of finished consumer goods like cotton, silk and woollen clothes.

     

  • Question 7
    1 / -0

    Identify the industries which were under the public sector during the colonial period

    Solution

    Explanation:

    Railways is a state –owned Industry during the colonial period, responsible for rail transport in India. 

     

  • Question 8
    1 / -0

    What is GDP

    Solution

    Explanation:

    GDP is commonly used as an indicator of the economic health of a country. Gross domestic product (GDP) is the monetary value of all the final goods and services produced within a country's borders in a year.

     

  • Question 9
    1 / -0

    GDP stands for

    Solution

    Explanation:

    Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's  territory  in a specific time period.

     

  • Question 10
    1 / -0

    Capital goods industries are those

    Solution

    Explanation:

    Capital Goods refer to products that are used in the production of other products but are not incorporated into the new product. These include machine tools, industrial machinery.

     

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