Samacheer Kalvi 11th Economics – Chapter 9: Development Experiences in India Book Back Answers
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11th Economics – Chapter 9: Development Experiences in India Book Back Answers
1. Which of the following is the way of Privatisation?
a. Disinvestment
b. Denationalization
c. Franchising
d. All the above
2. Countries today are to be _____ for their growth.
a. Dependent
b. Interdependent
c. Free trade
d. Capitalist
3. The Arguments against LPG is _________
a. Economic growth
b. More investment
c. Disparities among people and regions
d. Modernization
4. Expansion of FDI ____________
a. Foreign Private Investment
b. Foreign Portfolio
c. Foreign Direct Investment
d. Forex Private Investment
5. India is the largest producer of ___________in the world.
a. fruits
b. gold
c. petrol
d. diesel
6. Foreign investment includes__________
a. FDI only
b. FPI and FFI
c. FDI and FPI
d. FDI and FFI
7. The Special Economic Zones policy was announced in ___________
a. April 2000
b. July 1990
c. April 1980
d. July 1970
8. Agricultural Produce Market Committee is a ___________
a. Advisory body
b. Statutory body
c. Both a and b
d. none of the above
9. Goods and Services Tax is _______________
a. a multi-point tax
b. having cascading effects
c. like Value Added Tax
d. a single point tax with no cascading effects.
10. The New Foreign Trade Policy was announced in the year_____________
a. 2000
b. 2002
c. 2010
d. 2015
11. Financial Sector reforms mainly related to _______________
a. Insurance Sector
b. Banking Sector
c. Both a and b
d. Transport Sector
12. The Goods and Services Tax Act came into effect on ________
a. 1st July 2017
b. 1st July 2016
c. 1st January 2017
d. 1st January 2016
13. The new economic policy is concerned with the following
a. foreign investment
b. foreign technology
c. foreign trade
d. all the above
14. The recommendation of the Narashimham Committee Report was submitted in the year________
a. 1990
b. 1991
c. 1995
d. 2000
15. The farmers have access to credit under the Kisan credit card scheme through the following except
a. co-operative banks
b. RRBs
c. Public sector banks
d. all the above
16. The Raja Chelliah Committee on Trade Policy Reforms suggested the peak rate on import duties at
a. 25%
b. 50%
c. 60%
d. 100%
17. The first-ever SEZ in India was set up at
a. Mumbai
b. Chennai
c. Kandla
d. Cochin
18. ‘The Hindu Rate of Growth’ coined by Raj Krishna refers to
a. low rate of economic growth
b. high proportion of Hindu population
c. Stable GDP
d. none
19. The highest rate of tax under GST is ___________ (as on July1, 2017)
a. 18%
b. 24%
c. 28%
d. 32%
20. The transfer of ownership from the public sector to the private sector is known as _____.
a. Globalization
b. Liberalization
c. Privatization
d. Nationalization
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