Assertion Reason MCQs of Indian Economy (1950 – 1990) of Class 12

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Looking for Important Assertion Reason Based MCQs with answers of Indian Economy (1950 – 1990) chapter of Indian Economy (Economic) Development book of Class 12 CBSE, ISCE UPSC and other state Boards

We have compiled very important assertion reason based Multiple Choice Questions of Indian Economy (1950 – 1990) chapter of Economics class 12

Assertion Reason Based Multiple Choice Questions (MCQs) with answers of Indian Economy (1950 – 1990) of Indian Economy class 12

Let’s Practice

Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): The government made use of ‘Tariffs’ and ‘Quotas’ to protect goods produced in India from imports.

Reason (R): Restrictions on imports of general goods were necessary as the planners wanted to encourage the import of luxury goods.

Alternatives:

a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Ans – c)
Explanation:- Tariffs and Quotas was introduced to protect Domestic industry as Technology was not that Competitive to compete with the foreign goods quality products.

Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): The major policy initiatives i.e. land reforms and green revolution helped India to become self-sufficient in food grains production.

Reason (R): The proportion of people depending on agriculture did not decline as expected.

Alternatives:

a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Ans – b)

Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Land reforms were needed in India as the majority of its population depended on agriculture.

Reason (R): Ownership of land would give incentives to the actual tillers to make improvements.

Alternatives:

a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Ans – a)

Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Industries were reclassified into three categories, viz., Schedule A, Schedule B, and Schedule C in Industrial Policy Resolution (IPR) 1956.

Reason (R): The system of Industrial Licensing was used for all types of industries after the IPR 1956.

Alternatives:

a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Ans – c)

Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): In the first phase of the Green Revolution, all the states received the HYV seeds.

Reason (R): The use of HYV seeds primarily benefited the wheat-growing regions only.

Alternatives:

a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Ans – d)

Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): HYV seeds were the main reason for the agricultural revolution in India.

Reason (R): The major benefit of HYV seeds was that they needed less irrigation facilities.

Alternatives:

a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Ans – c)

Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): During Industrial Development (1950 – 1990), many public sector firms incurred huge losses and were, therefore, shut down.

Reason (R): Public sector firms continued to function even though they were putting a drain on the nation’s limited resources because of difficulty in closing a government undertaking.

Alternatives:

a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Ans – d)

Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Land reforms were successful in Uttar Pradesh and Haryana

Reason (R): Governments of these states were committed to the policy of land reforms.

Alternatives:

a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Ans – d)
Explanation:- Land Reforms were successfull in Kerala and West Bengal

Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): The concept of a Socialist Economy for the country’s growth and development was adopted by the Soviet Union.

Reason (R): There was no difference in the nature of the planning model adopted by India compared with the Soviet Union.

Alternatives:

a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Ans – c)

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Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 2015

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