CET 12th Level — Major Sectors & Economic Reforms MCQs
Practice 20 free major sectors & economic reforms multiple choice questions for CET 12th Level exam. Instant answers with explanations in Hindi and English.
Master Major Sectors & Economic Reforms under Indian Economy for CET 12th Level with our curated MCQ set. Every question follows real Rajasthan exam patterns. Switch between Hindi and English anytime.
CET 12th Level — Indian Economy — Major Sectors & Economic Reforms
20 Questions • Instant results & explanations • Hindi & English
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Question 1 of 20
Which of the following industries was NOT included in the 'Strategic Industries' (First Category) of the Industrial Policy of 1948?
Question 2 of 20
Consider the following statements regarding the 'Second Category' industries in the 1948 Industrial Policy: 1. It included 6 basic industries like Coal and Iron & Steel. 2. New private investment was fully encouraged in this sector. 3. The government could nationalize these industries after 10 years.
Question 3 of 20
Which Industrial Policy is often referred to as the 'Magna Carta of Industrial Policies' or the 'Economic Constitution of India'?
Question 4 of 20
How many industries were listed in Schedule A (First Category) of the Industrial Policy of 1956 which were under exclusive government control?
Question 5 of 20
Match the Steel Plant with the country that assisted in its establishment: List-I (Steel Plant) A. Bhilai B. Rourkela C. Durgapur D. Bokaro List-II (Country) i. Germany ii. USSR iii. United Kingdom iv. USSR
Question 6 of 20
Which of the following statements about the 'Third Category' industries under the Industrial Policy of 1956 is correct?
Question 7 of 20
The Industrial Policy of 1991 is characterized by the end of which of the following systems?
Question 8 of 20
Which of the following was NOT a category of industries under the First Industrial Policy (1948)?
Question 9 of 20
In the 1956 Industrial Policy, Schedule B (Second Category) contained 12 industries. What was the primary characteristic of this category?
Question 10 of 20
Assertion (A): The Industrial Policy of 1956 showed a tilt towards Socialism. Reason (R): It placed a large number of key industries under government control and established a system of licensing for the private sector.
Question 11 of 20
Which of the following industries is currently kept under government monopoly as per the First Category of the 1991 Industrial Policy?
Question 12 of 20
When was the Third Industrial Policy of India announced?
Question 13 of 20
Which category of industries in the 1948 Industrial Policy included Machine Tools, Sugar, Paper, and Cement?
Question 14 of 20
Which Steel Plant was established in 1959 with the assistance of the United Kingdom?
Question 15 of 20
Under the 1948 Industrial Policy, industries in the Fourth Category were primarily related to:
Question 16 of 20
Which of the following is NOT a correct match of the industrial policy model and the leader associated with it?
Question 17 of 20
Consider the following statements regarding the 1991 Industrial Policy: I. It maintained the 'Mixed Economy' structure but tilted towards Capitalism. II. It introduced Liberalization, Privatization, and Globalization (LPG). III. It increased the number of industries under compulsory licensing.
Question 18 of 20
The Rourkela Steel Plant was established in which state?
Question 19 of 20
Which of the following was NOT included in the 'Basic Industries' (Second Category) of the 1948 Industrial Policy?
Question 20 of 20
Which phrase best describes the regulatory environment for Third Category industries under the 1956 Industrial Policy?
More Indian Economy Subtopics
Practice other subtopics under Indian Economy to strengthen your CET 12th Level preparation.