Pre Independence(12th Grade > Economics - 2 ) Questions and Answers

Question 1. The Malthusian trap occurs because ___
  1.    Population grows at a higher rate than resources.
  2.    Resources grows at a higher rate than population.
  3.    Either A or B
  4.    None of these
Explanation:-
Answer: Option A. -> Population grows at a higher rate than resources.
:
A
The Malthusian trap occurs because population grows at a higher rate than resources.

Question 2. In which of these regions was the population growth restricted because of tropical diseases?
  1.    China
  2.    Europe
  3.    Africa
  4.    America
Explanation:-
Answer: Option C. -> Africa
:
C
Population growth in Africa was restricted due to the high incidence of tropical diseases which caused a lot of deaths.

Question 3. TISCO was incorporated in:
  1.    1970
  2.    1989
  3.    1907
  4.    1986
Explanation:-
Answer: Option C. -> 1907
:
C
TISCO (Tata Iron and Steel Company) was incorporated in 1907.

Question 4. In a Malthusian world, preventive checks are enforced on the population by the nature while positive checks are adopted by the population. State true or false.
  1.    True
  2.    False
Explanation:-
Answer: Option B. -> False
:
B
Preventive checks are measures adopted by a population while positive checks are a result of environmental pressures.

Question 5. In the 19th century, almost 20% of the Indian population was literate.
  1.    True
  2.    False
  3.    manufacture
  4.    trade of manufactured products
Explanation:-
Answer: Option B. -> False
:
B
Only 6% of the adult population was literate in the 19th century.

Question 6. Which was the primary export destination of India under the colonial rule?
  1.    USA
  2.    Britain
  3.    China
  4.    Arab countries
Explanation:-
Answer: Option B. -> Britain
:
B
Britain had complete control over India's imports and exports. More than half of India's foreign trade was restricted to Britain.

Question 7. Which system of land settlement put the farmer's interests first and benefitted the farmers?
  1.    Zamindari system
  2.    Mahalwari system
  3.    Ryotwari system
  4.    None of these
Explanation:-
Answer: Option D. -> None of these
:
D
None of these systems put the cultivator's interests first and all were extremely hard on the farmers.

Question 8. In which year was the US declaration of Independence?
  1.    1737
  2.    1756
  3.    1776
  4.    1787
Explanation:-
Answer: Option C. -> 1776
:
C
The US declared its independence from Britain on July 4, 1776.

Question 9. At the time of independence, which of these sectors dominated in terms of the number of people?
  1.    Agricultural sector
  2.    Manufacturing sector
  3.    Service sector
  4.    None of these
Explanation:-
Answer: Option A. -> Agricultural sector
:
A
Agriculture was the main occupation of India on the eve of independence which accounted foralmost 70-75% of the employed population.

Question 10. Which of the following led to the destruction of the Indian markets?
  1.    Integration of the global markets
  2.    The industrialisation of Britain, bringing down the cotton prices
  3.    The shift from a major exporter to a major importer of cotton
  4.    All of these
Explanation:-
Answer: Option D. -> All of these
:
D
All these factors together contributed to the destruction of Indian industries.