Tag: impact of technology on livelihoods

Questions Related to impact of technology on livelihoods

The proportion of GDP contributed by the industrial sector increased in the period from 11.8 percent in 1950-51 to ____ percent in the year 1990-1991.

civics foreign trade in india the government and economic development indian economy on the eve of independence impact of technology on livelihoods

  1. 24.6 %

  2. 25.4 %

  3. 29.8 %

  4. 30.2 %

Show answer
Correct Option: A
Explanation:

The proportion of GDP contributed by the industrial sector increased in the period from 11.8 per cent in 1950-51 to 24.6 percent in the year 1990-1991.

The small-scale industrial committee which was passed in the year 1955 is also called as _________.

civics foreign trade in india the government and economic development indian economy on the eve of independence impact of technology on livelihoods

  1. Karve committee

  2. Swaran Singh committee

  3. Sri Krishna committee

  4. Kothari committee

Show answer
Correct Option: A
Explanation:

Small scale industrial committee was set up in the year 1955. It was also called a Karve committee. It was named after Dattatreya Gopal Karve who was an Indian economist and professor who contributed to the fields of economics, public administration, and the cooperative movement in India. Karve committee was set up in the year 1955 for the growth of small scale industries.

The goal of making the economy more market-oriented and expanding the role of private and foreign investment is called _________.

civics foreign trade in india the government and economic development indian economy on the eve of independence impact of technology on livelihoods

  1. globalization

  2. nationalization

  3. liberalization

  4. none of the above

Show answer
Correct Option: C
Explanation:

Economic liberalization of India was initiated in the year 1991. The main goal of liberalization is to make economy more market oriented with expanded role of private and foreign investment. The former prime minister P V Narasimha Rao spearheaded economic liberalization policies in the early 1990s.

As a result of the New Industrial Policy of 1991, ____________.

civics foreign trade in india the government and economic development indian economy on the eve of independence impact of technology on livelihoods

  1. The public sector has been stripped off all its power

  2. The public sector has been given the commanding heights of the economy

  3. The public sector's portfolio will be reviewed with greater realism. The focus will be on strategic high tech and essential infrastructure industries

  4. The public sector's management has been passed over to the private sector

Show answer
Correct Option: C
Explanation:

New Industrial Policy, 1991 aimed to liberalise the economy by removing the hurdles in industrial growth. An important step taken in this context is that the public sector's portfolio will be reviewed with greater realism. The focus will be on strategic high technology and essential infrastructure industries. This would improve the performance of the public sector units.

Thus, the correct answer is C.

Economic reforms of 1991 were introduced to ___________.

civics foreign trade in india the government and economic development indian economy on the eve of independence impact of technology on livelihoods

  1. Social structure of the country

  2. To demolish Zamindari system

  3. Maintain balance of payment

  4. All of these

Show answer
Correct Option: C
Explanation:

In 1991, India met with an economic crisis relating to its external debt. India approached the International Bank for Reconstruction and Development (IBRD)  and the International Monetary Fund (IMF). 

India agreed to the conditionalities of IBRD and IMF. On the basis of these conditions, Economic reforms of 1991 were introduced. These measures were introduced to maintain the balance of payment and to bring inflation under control.

The scientific discovery that was introduced in India to improve agricultural yield after independence is called _______.

civics foreign trade in india the government and economic development indian economy on the eve of independence impact of technology on livelihoods

  1. green revolution

  2. white revolution

  3. brown revolution

  4. blue revolution

Show answer
Correct Option: A
Explanation:

Scientific discovery that was introduced in India to improve agricultural yield after independence is called Green Revolution. It refers to a set of research technologies that led to improvement of food grain production drastically. It was introduced in 1960s. Dr. M.S.Swaminathan is known as father of green revolution in India.                                                  

Who among the following is the architect of the second plan and supporter of rapid industrialisation to play an active role of the public sector?

civics foreign trade in india the government and economic development indian economy on the eve of independence impact of technology on livelihoods

  1. Dr. B.R Ambedkar

  2. P. C. Mahalanobis

  3. Mahatma Gandhi

  4. None of these

Show answer
Correct Option: B
Explanation:

Second plan was in action from the year 1956 to 1961. The Second Plan was particularly in the development of the public sector and "rapid industrialisation". The architect of the second plan and supporter of rapid was P. C. Mahalanobis.

Who among the following was the finance minister during the time of 1991 economic reforms?

civics foreign trade in india the government and economic development indian economy on the eve of independence impact of technology on livelihoods

  1. Dr Manmohan Singh

  2. Sardar Vallabh Bhai Patel

  3. Jawaharlal Nehru

  4. Indira Gandhi

Show answer
Correct Option: A
Explanation:

Economic liberalization of India was initiated in the year 1991. The main goal of liberalization is to make economy more market oriented with expanded role of private and foreign investment. The former prime minister P V Narasimha Rao spearheaded economic liberalization policies in the early 1990s. During 1991 economic reforms Dr. Man Mohan Singh was the finance minister.

First Indian Institute of technology was established in ________.

civics foreign trade in india the government and economic development indian economy on the eve of independence impact of technology on livelihoods

  1. Madras

  2. Bombay

  3. Kanpur

  4. Kharagpur

Show answer
Correct Option: D
Explanation:

The Indian Institutes of Technology (IITs) are autonomous public institutes of higher education, located in various places of India. The first IIT was established in India in Kharagpur. It was established in the year 1951 in the state of West Bengal.                                               

Who among the following proposed blueprint that put greater emphasis on rural industrialisation.

civics foreign trade in india the government and economic development indian economy on the eve of independence impact of technology on livelihoods

  1. J.C. Kumarappa

  2. P. C. Mahalanobis

  3. Dr. B.R Ambedkar

  4. Mahatma Gandhi

Show answer
Correct Option: A
Explanation:

J.C. Kumarappa was one among the many eminent economists of India.  Kumarappa is credited for developing economic theories based on Gandhism. He was a pioneer of rural economic development theories. He proposed blueprint that put greater emphasis on rural industrialisation.