Tag: cottage and small scale industries

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Questions Related to cottage and small scale industries

Multiple choice economics the state of the indian economy on the eve of independence diversification into productive activities policy of agriculture, industry and foreign trade under british rule cottage and small scale industries

When was the zamindari system abolished in Bangladesh?

  1. 1950

  2. 1947

  3. 1960

  4. 1962
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The East Bengal State Acquisition and Tenancy Act of 1950 abolished the Zamindari system in what was then East Bengal (now Bangladesh).

Multiple choice economics the state of the indian economy on the eve of independence diversification into productive activities policy of agriculture, industry and foreign trade under british rule cottage and small scale industries

Which of these is primary sector?

  1. Communication

  2. Banking

  3. Construction

  4. Poultry farming
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The primary sector involves the extraction and harvesting of natural resources. Poultry farming is an agricultural activity, thus falling under the primary sector.

Multiple choice economics the state of the indian economy on the eve of independence diversification into productive activities policy of agriculture, industry and foreign trade under british rule cottage and small scale industries

Which of the following sectors starved of investment during the British rule?

  1. Mining sector

  2. Jute sector

  3. Agricultural sector

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

During British rule, the colonial government focused on extracting wealth rather than investing in infrastructure. Consequently, sectors like agriculture, mining, and industry were all starved of necessary capital investment.

Multiple choice economics the state of the indian economy on the eve of independence diversification into productive activities policy of agriculture, industry and foreign trade under british rule cottage and small scale industries

Which of the following was not a reason for dismal agricultural productivity during the British rule?

  1. Low levels of technology

  2. Poor irrigation facilities

  3. Negligent use of fertilizers

  4. Educated farmers
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The lack of education among farmers was a symptom of the colonial system, but the primary reasons for low productivity were structural issues like poor technology, lack of irrigation, and lack of fertilizers. Therefore, 'educated farmers' is not a reason for dismal productivity.

Multiple choice economics the state of the indian economy on the eve of independence diversification into productive activities policy of agriculture, industry and foreign trade under british rule cottage and small scale industries

Which of these are not included in the tertiary sector?

  1. Banking

  2. Insurance

  3. Agriculture

  4. Transport
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The tertiary sector consists of service-oriented industries. Agriculture belongs to the primary sector, not the tertiary sector.

Multiple choice economics the state of the indian economy on the eve of independence diversification into productive activities policy of agriculture, industry and foreign trade under british rule cottage and small scale industries

After passing legislation, the rent charged from tenants was fixed between  _______.

  1. 25 to 60%

  2. 25 to 50%

  3. 35 to 60%

  4. 35 to 50%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Post-independence land reform legislation aimed to protect tenants by fixing rent ceilings, typically ranging between 25% and 50% of the gross produce.

Multiple choice economics the state of the indian economy on the eve of independence diversification into productive activities policy of agriculture, industry and foreign trade under british rule cottage and small scale industries

It is uncommon in a zamindari system _______________.

  1. for land to belong to the tiller

  2. for land not to belong to the tiller

  3. that all the cultivated land to belong to zamindar and uncultivated to the tiller

  4. none of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In the Zamindari system, the landlord (Zamindar) owned the land, and the actual tiller was merely a tenant or laborer. Therefore, it was very uncommon for the tiller to own the land they cultivated.

Multiple choice economics the state of the indian economy on the eve of independence diversification into productive activities policy of agriculture, industry and foreign trade under british rule cottage and small scale industries

Ceilings on land holdings were fixed as under ________.

  1. 18 acres of wetland & 54 acres of unirrigated land

  2. 18 acres of unirrigated & 54 acres of wetland

  3. 18 acres of both unirrigated & wetland

  4. 54 acres of both unirrigated & wetland
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Land ceiling acts were introduced to redistribute excess land. The standard limits were generally set at 18 acres for wetland and 54 acres for unirrigated land to account for differences in productivity.

Multiple choice economics the state of the indian economy on the eve of independence diversification into productive activities policy of agriculture, industry and foreign trade under british rule cottage and small scale industries

Around ______ percent of population of the country was engaged in agriculture sector at the time of independence.

  1. 40

  2. 50

  3. 60

  4. 72
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

At the time of independence in 1947, the Indian economy was overwhelmingly agrarian, with approximately 72% of the workforce engaged in the agricultural sector.

Multiple choice organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

Value Added Method involves _______.

  1. identifying the producing enterprise and classify them into industrial sectors according to their activities

  2. estimating net value added by each producing enterprise as well as each industrial sector and adding up the net value added by all the sectors

  3. both A and B

  4. none of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Value Added Method involves both identifying sectors and calculating the net value added by each to determine the total GDP contribution.