Economics MCQ Class 12 Chapter 1 Part B | Indian Economy on the Eve of Independence | Economics Quiz for Class 12 and Other Competitive Exams

Economics MCQ Class 12 Chapter 1 Part B: Check the below NCERT MCQ Questions for Economics MCQ Class 12 Chapter 1 Part B with Answers Pdf free download. Economics MCQ Class 12 Chapter 1 Part B Questions for Economics with Answers were prepared based on the latest exam pattern. We have provided Economics MCQ Class 12 Chapter 1 Part B with Answers to help students understand the concept very well.

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Economics MCQ Class 12 Chapter 1 Part B


1. What is the tax or duty on imports called?
(A) Tariff
(B) Quota
(C) Export
(D) None of these

View Answer

(A) Tariff


2. Where was the first iron and steel company established?
(A) Kolkata
(B) Jamshedpur
(C) Patna
(D) Ranchi

View Answer

(B) Jamshedpur


3. Which of the following was the major occupation on the eve of independence?
(A) Industry
(B) Services
(C) Agriculture
(D) None of these

View Answer

(C) Agriculture


4. What was the nature of the Indian economy on the eve of independence?
(A) Stagnant
(B) Backward
(C) Underdeveloped
(D) All of these

View Answer

(D) All of these


5. In how many sectors is the occupational structure of India is divided?
(A) One
(B) Two
(C) Three
(D) Four

View Answer

(C) Three


6. In which of the following sectors is manufacturing activity included?
(A) Primary
(B) Tertiary
(C) Secondary
(D) All of these

View Answer

(C) Secondary


7. What was the life expectancy at birth in India on the eve of Independence?
(A) 44 years
(B) 50 years
(C) 60 years
(D) All of these

View Answer

(A) 44 years


8. What is another name for the service sector?
(A) Tertiary
(B) Primary
(C) Secondary
(D) Agriculture

View Answer

(A) Tertiary


9. Which of the following activities is included in the primary sector?
(A) Agriculture
(B) Services
(C) Industries
(D) All of these

View Answer

(A) Agriculture


10. What was the growth rate of per capita income in India on the eve of Independence?
(A) 0.9%
(B) 0.5%
(C) 1.2%
(D) 3%

View Answer

(B) 0.5%


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