China Initial Phase Reforms Sectors

Question

In the initial phase of China's reforms (1978), reforms were initiated in which sectors?

Select an answer

In the initial phase of China's reforms (1978), reforms were initiated in which sectors?

  1. Only industrial sector
  2. Agriculture, foreign trade and investment sectors — Correct Answer
  3. Only service sector
  4. Only banking sector
Explanation:
Correct Answer Explanation

In the initial phase, reforms were initiated in agriculture, foreign trade and investment sectors.

Key Points:
  • Commune lands were divided into small plots allocated to individual households.
  • Allocation was for use, not ownership.
  • Households kept all income after paying stipulated taxes.
  • In the later phase, reforms were in the industrial sector.
Why Other Options Are Wrong
  • A: Industrial reforms came in the later phase.
  • C, D: These were not the initial reform areas.

📚 About this Topic — CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS

This multiple choice question is from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS to strengthen your preparation.

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