Indian Economy 1950–1990
This worksheet covers the key concepts of India's economic planning, agricultural and industrial policies from 1950 to 1990.
Section A: Fill in the Blanks
Complete the following sentences with the correct word or phrase based on the chapter.
In a market economy, also called ________, only those consumer goods will be produced that are in demand.
The long-term plan, often for a period of twenty years, is called a ________.
The Planning Commission was set up in 1950 with the ________ as its Chairperson.
A good indicator of economic growth is a steady increase in the ________ (GDP).
The statistician ________ is regarded as the architect of Indian planning.
Section B: Multiple Choice Questions
Choose the single correct answer for each question.