Indian Economy 1950-1990 — Important Questions
CBSE · Class 11 · Economics
115 important questions from Indian Economy 1950-1990 for CBSE Class 11 Economics, with answers. Part of the CBSE Class 11 Economics syllabus.
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Important Questions from Indian Economy 1950-1990
What economic system did India adopt after independence?
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Mixed Economy
India adopted a mixed economic system combining features of socialism and capitalism, with significant government planning and private sector participation.
What was the primary purpose of land reforms in India?
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To promote equity by changing land ownership
Land reforms aimed to abolish intermediaries and give land ownership to actual tillers, promoting social and economic equity.
What trade strategy did India follow during 1950-1990?
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Import substitution
India followed an inward-looking trade strategy aimed at replacing imports with domestic production and protecting domestic industries.
What was a key characteristic of small-scale industries in India?
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They were more labor-intensive
Small-scale industries were characterized by their higher labor usage compared to large-scale industries, generating more employment.
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Sources & Official References
- NCERT Official — ncert.nic.in
- CBSE Academic — cbseacademic.nic.in
- CBSE Official — cbse.gov.in
- National Education Policy 2020 — education.gov.in
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