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People’s Republic of China was established in
  • a)
    1947
  • b)
    1950
  • c)
    1949
  • d)
    1948
Correct answer is option 'C'. Can you explain this answer?
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People’s Republic of China was established ina)1947b)1950c)1949d...
The state was established in January 1912 after the Xinhai Revolution, which overthrew the Qing dynasty, the last imperial dynasty of China. Its government fled to Taipei in 1949 due to the Kuomintang's defeat in the Chinese Civil War.Correct option is C.
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People’s Republic of China was established ina)1947b)1950c)1949d...
The state was established in January 1912 after the Xinhai Revolution, which overthrew the Qing dynasty, the last imperial dynasty of China. Its government fled to Taipei in 1949 due to the Kuomintang's defeat in the Chinese Civil War.
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People’s Republic of China was established ina)1947b)1950c)1949d...
Establishment of the People’s Republic of China
The People’s Republic of China (PRC) was officially established on October 1, 1949. This marked a significant turning point in Chinese history, following years of civil war and turmoil.

Historical Context
- Chinese Civil War: The establishment of the PRC came after a prolonged civil war between the Chinese Nationalist Party (Kuomintang) and the Communist Party of China (CPC).
- Victory of the CPC: The CPC, led by Mao Zedong, emerged victorious and proclaimed the establishment of the PRC from Tiananmen Square in Beijing.

Key Events Leading to the Establishment
- End of World War II: The war concluded in 1945, leaving China in a state of disarray, which intensified the existing civil conflict.
- Formation of the PRC: On October 1, 1949, Mao Zedong declared the formation of the PRC, signifying the end of the Nationalist government and the establishment of Communist rule.

Significance of the Date
- New Era: The establishment of the PRC represented the beginning of a new era for China, characterized by significant political, social, and economic changes.
- International Relations: It also reshaped global politics, as the PRC became a major player in international affairs, particularly during the Cold War.
In summary, the correct answer is option 'C', as the People’s Republic of China was officially founded in 1949, marking a pivotal moment in both Chinese and world history.
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Direction: Read the report given below and answer the questions that follow:While many like to focus on the similarities between India and China, what’s more important are the differences. Most central to this article is that the two nations rely on entirely different systems of political economy. India is the world’s largest parliamentary democracy, while China is a one-party dictatorship. India’s reforms have scaled back state-run industries, while China’s reforms have created a pseudo-free-market command economy. India has courted the capitalist West while China has tried to counter it. Looking at how China and India have been simultaneously so successful yet maintained their differences can shed light on the “why.”We’ll start with China. Once the Communist Party seized control in 1949 and declared the nation a People’s Republic, China embarked on a campaign of state-led industrialization that failed miserably. Mao Zedong’s most ambitious project was the “Great Leap Forward,” which attempted to develop China even faster than Stalin developed the USSR. The state collectivized agriculture and forced peasants to begin making steel in backyard furnaces. Lasting from 1958 to 1960, the Great Leap Forward led to the deaths of 45 million Chinese, mostly as a result of famine and disease. The “Cultural Revolution” from 1966 to 1976 resulted in huge political purges and a mass exodus of people from cities to the countryside. While countries like Japan, South Korea, Singapore, and Taiwan all began to approach Western living standards from the 1950’s to the 1970’s, China’s GDP per capita in 1978 was a meager $307 (measured in 2010 dollars). However, 1978 was also the year that Deng Xiaoping took control of the Communist Party and began creating modern China.India and China: Two Very Different Paths to Development – Berkeley Economic Review – 30th April, 2018The difference between India and China’s politics is

Direction: Read the report given below and answer the questions that follow:While many like to focus on the similarities between India and China, what’s more important are the differences. Most central to this article is that the two nations rely on entirely different systems of political economy. India is the world’s largest parliamentary democracy, while China is a one-party dictatorship. India’s reforms have scaled back state-run industries, while China’s reforms have created a pseudo-free-market command economy. India has courted the capitalist West while China has tried to counter it. Looking at how China and India have been simultaneously so successful yet maintained their differences can shed light on the “why.”We’ll start with China. Once the Communist Party seized control in 1949 and declared the nation a People’s Republic, China embarked on a campaign of state-led industrialization that failed miserably. Mao Zedong’s most ambitious project was the “Great Leap Forward,” which attempted to develop China even faster than Stalin developed the USSR. The state collectivized agriculture and forced peasants to begin making steel in backyard furnaces. Lasting from 1958 to 1960, the Great Leap Forward led to the deaths of 45 million Chinese, mostly as a result of famine and disease. The “Cultural Revolution” from 1966 to 1976 resulted in huge political purges and a mass exodus of people from cities to the countryside. While countries like Japan, South Korea, Singapore, and Taiwan all began to approach Western living standards from the 1950’s to the 1970’s, China’s GDP per capita in 1978 was a meager $307 (measured in 2010 dollars). However, 1978 was also the year that Deng Xiaoping took control of the Communist Party and began creating modern China.India and China: Two Very Different Paths to Development – Berkeley Economic Review – 30th April, 2018The Great Leap Forward was the ambitious project of ________ .

Direction: Read the report given below and answer the questions that follow:While many like to focus on the similarities between India and China, what’s more important are the differences. Most central to this article is that the two nations rely on entirely different systems of political economy. India is the world’s largest parliamentary democracy, while China is a one-party dictatorship. India’s reforms have scaled back state-run industries, while China’s reforms have created a pseudo-free-market command economy. India has courted the capitalist West while China has tried to counter it. Looking at how China and India have been simultaneously so successful yet maintained their differences can shed light on the “why.”We’ll start with China. Once the Communist Party seized control in 1949 and declared the nation a People’s Republic, China embarked on a campaign of state-led industrialization that failed miserably. Mao Zedong’s most ambitious project was the “Great Leap Forward,” which attempted to develop China even faster than Stalin developed the USSR. The state collectivized agriculture and forced peasants to begin making steel in backyard furnaces. Lasting from 1958 to 1960, the Great Leap Forward led to the deaths of 45 million Chinese, mostly as a result of famine and disease. The “Cultural Revolution” from 1966 to 1976 resulted in huge political purges and a mass exodus of people from cities to the countryside. While countries like Japan, South Korea, Singapore, and Taiwan all began to approach Western living standards from the 1950’s to the 1970’s, China’s GDP per capita in 1978 was a meager $307 (measured in 2010 dollars). However, 1978 was also the year that Deng Xiaoping took control of the Communist Party and began creating modern China.India and China: Two Very Different Paths to Development – Berkeley Economic Review – 30th April, 2018India has tried to ___________ the capitalist.

Direction: Read the report given below and answer the questions that follow: China and India are the two emerging economies of the world. As of 2019, China and India are 2nd and 5th largest country of the world, respectively in nominal basis. On PPP basis, China is at 1st and India is at 3rd place. Both countries together share 19.46% and 27.18% of total global wealth in nominal and PPP terms, respectively. Among Asian countries, China and India together contribute more than half of Asia’s GDP. In 1987, GDP (Nominal) of both countries was almost equal. But in 2019, China’s GDP is 4.78 times greater than India. On PPP basis, GDP of China is 2.38x of India. China crossed $1 trillion mark in 1998 while India crossed 9 year later in 2007 at exchange rate basis. Both countries have been neck-to-neck in GDP per capita terms. As per both methods, India was richer than China in 1990. Now in 2019, China is almost 4.61 times richer than India in nominal method and 2.30 times richer in PPP method. Per capita rank of China and India is 72th and 145th, resp, in nominal. Per capita rank of China and India is 75th and 126th, resp, in PPP. China attains maximum GDP growth rate of 19.30% in year 1970 and minimum -27.27% in 1961. India reached an all time high of 9.63% in 1988 and a record low of -5.24% in 1979. During period 1961 to 2018, China grew by more than 10% in 22 years while India never. GDP growth rate was negative in five and four years for China and India, respectively. According to CIA Factbook sector wise GDP composition of India in 2017 are as follows : Agriculture (15.4%), Industry (23%) and Services (61.5%). Sector wise GDP composition of China in 2017 are : Agriculture (8.3%), Industry (39.5%) and Services (52.2%). - Comparing China and India by Economy – The Statistic Times – 28th August, 2019 India is dependent on ____________ sector for its GDP contribution.

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People’s Republic of China was established ina)1947b)1950c)1949d)1948Correct answer is option 'C'. Can you explain this answer?
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