Topic: CH-2: INDIAN ECONOMY 1950–1990

Every economic system must answer three questions. Which is NOT one?

In Cuba and China, most economic activities are governed by:

An existing industry needed a license for:

Some public sector firms were originally private firms that were nationalised to:

In which year was P.C. Mahalanobis born?

The Industrial Policy Resolution of 1956 classified industries into how many categories?

In a capitalist society, goods are distributed based on:

Agriculture’s share in India’s occupational structure in 1950-51 was:

Big landlords evaded land ceiling legislation by:

India’s structural change was peculiar because: