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UPSC Exam  >  UPSC Tests  >  Post Independence History for UPSC Mains  >  Test: Economic & Diplomatic Development of India - 1 - UPSC MCQ

Test: Economic & Diplomatic Development of India - 1 - UPSC MCQ


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10 Questions MCQ Test Post Independence History for UPSC Mains - Test: Economic & Diplomatic Development of India - 1

Test: Economic & Diplomatic Development of India - 1 for UPSC 2024 is part of Post Independence History for UPSC Mains preparation. The Test: Economic & Diplomatic Development of India - 1 questions and answers have been prepared according to the UPSC exam syllabus.The Test: Economic & Diplomatic Development of India - 1 MCQs are made for UPSC 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Economic & Diplomatic Development of India - 1 below.
Solutions of Test: Economic & Diplomatic Development of India - 1 questions in English are available as part of our Post Independence History for UPSC Mains for UPSC & Test: Economic & Diplomatic Development of India - 1 solutions in Hindi for Post Independence History for UPSC Mains course. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free. Attempt Test: Economic & Diplomatic Development of India - 1 | 10 questions in 10 minutes | Mock test for UPSC preparation | Free important questions MCQ to study Post Independence History for UPSC Mains for UPSC Exam | Download free PDF with solutions
Test: Economic & Diplomatic Development of India - 1 - Question 1
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What was the primary reason for India's rejection of the capitalist model of economic development post-independence?

Detailed Solution for Test: Economic & Diplomatic Development of India - 1 - Question 1
India rejected the capitalist model of economic development post-independence primarily due to the high levels of illiteracy and the deeply entrenched caste-based society. These factors made it difficult to break down traditional social structures and implement modernization, which was associated with growth, material progress, and scientific rationality. The rejection was also influenced by factors such as lack of resources and technology, but illiteracy and the caste system played a central role in this decision.
Test: Economic & Diplomatic Development of India - 1 - Question 2
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What is the outcome of the liberalization and privatization policies in India?

Detailed Solution for Test: Economic & Diplomatic Development of India - 1 - Question 2
The outcome of the liberalization and privatization policies in India is a more competitive economic environment. These policies aimed to reduce government control and promote competition in various sectors, allowing private firms to enter and operate freely. This resulted in increased competition among businesses, leading to a more dynamic and competitive economic landscape.
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Test: Economic & Diplomatic Development of India - 1 - Question 3
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What was the main objective of the New Economic Policy of 1991 in India?

Detailed Solution for Test: Economic & Diplomatic Development of India - 1 - Question 3
The main objective of the New Economic Policy of 1991 in India was to reduce the role of government in the economy. This policy aimed to liberalize, privatize, and globalize the Indian economy, which involved removing barriers to entry for private firms and creating a more competitive economic environment. It marked a shift toward a more market-driven and less government-controlled economic system.
Test: Economic & Diplomatic Development of India - 1 - Question 4
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What is the primary outcome of globalization in the Indian context?
Detailed Solution for Test: Economic & Diplomatic Development of India - 1 - Question 4
The primary outcome of globalization in the Indian context is greater access to global markets. Globalization has opened up opportunities for Indian businesses to expand internationally, access global markets, and engage in outsourcing activities like BPOs. While it has brought benefits, it has also raised concerns about economic disparities among nations.
Test: Economic & Diplomatic Development of India - 1 - Question 5
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Which sector was reserved for the public sector in India after the New Economic Policy of 1991?
Detailed Solution for Test: Economic & Diplomatic Development of India - 1 - Question 5
After the New Economic Policy of 1991, the public sector in India reserved certain sectors, including defence equipment, for government ownership. These sectors remained under the control of the government to ensure national security and strategic interests.
Test: Economic & Diplomatic Development of India - 1 - Question 6
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Which industry is considered a pioneer in India's information technology and communications sector?
Detailed Solution for Test: Economic & Diplomatic Development of India - 1 - Question 6
The software industry is considered a pioneer in India's information technology and communications sector. India has made significant advancements in software development and is a favorite destination for IT-enabled services.
Test: Economic & Diplomatic Development of India - 1 - Question 7
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What is the primary aim of the Information Technology Act of 2000 in India?
Detailed Solution for Test: Economic & Diplomatic Development of India - 1 - Question 7
The primary aim of the Information Technology Act of 2000 in India was to establish electronic contracts, recognize their validity, and provide legal recognition to electronic transactions.
Test: Economic & Diplomatic Development of India - 1 - Question 8
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What significant initiative was taken by the Rajiv Gandhi government in 1984 regarding technology-induced development?
Detailed Solution for Test: Economic & Diplomatic Development of India - 1 - Question 8
The significant initiative taken by the Rajiv Gandhi government in 1984 was the massive program of computerization, which paved the way for technology-induced development in India.
Test: Economic & Diplomatic Development of India - 1 - Question 9
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What does the abbreviation "NeGP" stand for in the context of Indian governance?
Detailed Solution for Test: Economic & Diplomatic Development of India - 1 - Question 9
The abbreviation "NeGP" stands for the National e-Governance Plan, which is a comprehensive plan to enhance e-government initiatives in India.
Test: Economic & Diplomatic Development of India - 1 - Question 10
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What was the main objective behind the disinvestment of government-owned enterprises in India?
Detailed Solution for Test: Economic & Diplomatic Development of India - 1 - Question 10
The main objective behind the disinvestment of government-owned enterprises in India was to improve financial discipline and facilitate modernization. By shedding ownership and management of these enterprises, the government aimed to make them more efficient and autonomous in their decision-making processes.
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