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Indian Economy on the Eve of Independence test - 5

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Indian Economy on the Eve of Independence test - 5
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  • Question 1
    1 / -0

    What was the condition of foreign trade under British rule

    Solution

    Restrictive policies of commodities production , trade and tariff were imposed by the colonial government, it adversely affected the structure, composition and volume of India’s foreign trade.

  • Question 2
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    Which of the following statement is true regarding the condition of Infrastructure

    Solution

    The relationship between the growth of British capitalism and the evolution of a dependent, colonial economy in India is greatly manifested in the development of Indian railways, roads, bridges and post and telegraph.

  • Question 3
    1 / -0

    _______ refers to relative distribution of a country’s workforce among various sectors of economic activity

    Solution

    This refers to the aggregate distribution of occupations in society, classified according to skill level, economic function, or social status.

  • Question 4
    1 / -0

    Industrial sector creates infrastructure which helps in growth of

    Solution

    Industrial infrastructure - electricity, roads, airports, water systems and telecommunications are the foundations of modern economies and its helps in growth of all sectors of economy .

  • Question 5
    1 / -0

    India on the eve of independence was

    Solution

    During the British period, Indian economy remained almost stagnant, the average annual growth rate of per capita income in India was not more than 0.5%.

  • Question 6
    1 / -0

    During major part of British period

    Solution

    During major part of British period exports was more than imports. The resulted in favourable balance of trade.

  • Question 7
    1 / -0

    Death rate and birth rate at the time of independence was

    Solution

    High birth rate and high death rate are treated as an index of backwardness of  India, at the time of independence (1947)

  • Question 8
    1 / -0

    Life expectancy refers to

    Solution

    Life expectancy refers to the number of years a person is expected to live based on the statistical average.

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