Indian Economy On The Eve Of Independence — Economics STD 12 Commerce — Question

The Indian Policy Resolution, 1956 classified industries into...... categories.

1. One.
2. Two.
3. Three.
4. Four.

Just as a country can turn physical resources like land into physical capital like factories, similarly, it can also turn human resources like students into ________ like engineers and doctors.

Which of the following is/ are sources of renewable energy?

1. Commercial sources of energy.
2. Non-commercial sources of energy.
3. Non-conventional sources of energy.
4. All of these.

Consumption of a product is:

1. Production activity.
2. Economic activity.
3. Both a and b.
4. None of the above.

When extraction is above the rate of regeneration of the resource and the wastage are outside the absorptive capacity of the environment then environment fails to perform its one of the vital function. What is that function?

1. It supplies resources.
2. It assimilates waste.
3. It sustains life.
4. It provides aesthetic services.

In India ratio of men to women in total workforce is:

1. 70:30
2. 30:70
3. 60:40
4. 40:60

Education cess is levied on:

1. Income tax.
2. Sales Tax.
3. Union Taxes.
4. State Taxes.

No society can surely be flourishing and happy, of which the far greater part of the members are ___________ and ________________.

1. Poor and unhealthy.
2. Unemployed and poor.
3. Poor and illiterate.
4. Poor and miserable.

Foreign exchange before 1991 declined to a level that was not adequate:

1. To finance imports for more than two weeks.
2. To pay the interest to international lenders.
3. To give loans to farmers.
4. Both (a) and (b).

NABARD stands for:

1. National Bank for Agro-Rural Development.
2. Non-Agriculture Bank for Agro-Rural Development.
3. National Bank for Agriculture and Rural Development.
4. National Agriculture Bureau of Agriculture and Rural Development.