Tag: economics

Questions Related to economics

What is India's current life expectancy?

  1. 64.35

  2. 65.35

  3. 68.35 years

  4. 60.35


Correct Option: C
Explanation:

Average Life Expectancy in India as per the National Health Profile  of Indians is 68.35 years.

In which Indian states did workers in agricultural sector reduce and switch to manufacturing or services sector?

  1. Tamil Nadu

  2. Andhra Pradesh

  3. Maharashtra

  4. All of the above


Correct Option: D
Explanation:

India had a strong and bitter colonial experience and a taste of capitalism's exploitative nature. British colonized India to serve as a source of raw material for its fast developing industries. Major Indian states like Tamilnadu, Andhra  pradesh, Maharastra etc. which were highly engaged in agriculture suffered a lot and switched to manufacturing and service sector.

For which of the following reasons did the British build roads in selective areas in India?

  1. To mobilize army

  2. Carrying out raw materials

  3. Both A and B

  4. None of the above


Correct Option: C
Explanation:

During the British rule, there was some infrastructural development in areas such as roads,  railways, ports, water transport, posts, and telegraphs. But the motive behind this development was simply to foster the colonial interest of the British government. They were never interested in the growth of Indian economy. these infractures like road etc. were used to mobilize the army and carriying out raw materials.

Which of the following is considered as Britain's biggest contribution to India?

  1. Construction of Roads

  2. Construction of Railways

  3. Abolishing the Zamindari system

  4. Estabilishing of waterway routes


Correct Option: B
Explanation:

Indeed construction of railways is the biggest contribution to India by the Britishers. Today railway is known as the "life line "of our country . Indian Railways, which had a modest beginning in 1853, has since then been an integral part of the nation. A  network that has held together a population of one billion. A self-propelled social welfare system the Indian Railways has woven a sub-continent together and brought to life the concept of a united India.

During the British rule, what was the percentage of individuals employed in the agricultural sector?

  1. 70%-75%

  2. 60%-65%

  3. 65%-70%

  4. 55%-60%


Correct Option: A
Explanation:

The agricultural sector accounted for the largest share of the workforce which was around 70-75%. The manufacturing and the services sectors accounted for only 10 and 15-20 percent respectively , under the British rule.

What is India's current literacy rate?

  1. 65%

  2. 70%

  3. 74%

  4. 90%


Correct Option: C
Explanation:

India's literacy rate is at 74.04%. Kerala has achieved a literacy rate of 93.91%. Bihar is the least literate state in India, with a literacy of 63.82%.

During the British rule, what was the percentage of individuals employed in the service sector?

  1. <5%

  2. 5%-10%

  3. 15%-20%

  4. 10%-15%


Correct Option: C
Explanation:

The agricultural sector accounted for the largest share of the workforce which was around 70-75%. The manufacturing and the services sectors accounted for only 10 and 15-20 percent respectively , under the British rule.

Which of the following changes did the Indian railways make to the structure of the Indian economy?

  1. Undertake long distance travel and break geographical and cultural barriers

  2. Commercialize Indian agriculture

  3. Both A and B

  4. None of the above


Correct Option: C
Explanation:

Railways ,the greatest gift left by the colonial power, The British companies that laid down the tracks to take advantage of the immeasurably improved experience of traveling across the vast sub-continent offered by train services,

Railways allowed fast travel between one end of the country and the other and cemented relationships between the various provinces. They enabled goods to be carried around the country far more cheaply than ever before. They allowed the development of markets in foodstuffs and other agricultural produce that increased their availability and, eventually, did make famines less likely. They created an infrastructure that in India was unprecedented in its sophistication and extent. They gave the opportunity of secure jobs to millions of Indians and enabled many of them to acquire new skills. They helped the development of the trade union movement. They laid the foundations of the large Indian middle class. They brought sophisticated technology to the sub-continent.