Economy: History & Salient Features

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Here are some MCQs on Economy: History & Salient Features

1. When did India gain independence from British colonial rule?
a) 1945
b) 1947
c) 1950
d) 1952

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2. Who was the first Prime Minister of India?
a) Jawaharlal Nehru
b) Mahatma Gandhi
c) Indira Gandhi
d) Rajendra Prasad

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3. Which economic policy was adopted by India after independence?
a) Capitalism
b) Socialism
c) Communism
d) Liberalism

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4. The Planning Commission, a key institution for economic planning, was established in which year?
a) 1947
b) 1950
c) 1951
d) 1955

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5. Who was the first Chairman of the Planning Commission of India?
a) Jawaharlal Nehru
b) Manmohan Singh
c) Rajiv Gandhi
d) Gulzarilal Nanda

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