18. _______ policy followed in first …

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18. _______ policy followed in first seven five year plans of India, aimed at substituting imports with domestic production. (Fill up the blank with correct answer) 1 19. Which of the following is not a benefit of organic farming ? (Choose the correct alternative) (a) Cheaper inputs. (b) Attractive returns on investment. (c) Greater import possibilities. (d) Higher nutritional value. 1 20. Define mixed economy. 1 21. World Trade Organisation (WTO) was established in 1995, as a successor organisation to _______. (Fill up the blank with correct answer) 1 22. India is not a member of which of the following regional/global economic grouping ? (Choose the correct alternative.) (a) SAARC (b) BRICS (c) G-7 (d) G-20 1 23. In the past few decades _________ (primary/secondary/tertiary) sector has created maximum jobs opportunities in India. (Fill up the blank with correct alternative) 1 24. The main aim of ‘Great Leap Forward’ (GLF) in China was to ensure rapid increase of _______. (Choose the correct alternative) (a) agriculture (b) industries (c) services (d) exports 1 25. Define disguised unemployment.

Posted by Sandeep Kumar 4 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Gurpreet Kaur 4 years, 10 months ago

18.self-sufficiency 19.c)greater import possibilities 20.Mixed economy is an economy in which there is private as well as public ownership of he means of production .However,there are governmental controls as well as regulations in view to maximise social welfare. 21.GATT 22.G-7 23.primary sector 24.b)industries 25.Disguised unemployment is a hidden unemployment .It is a situation in which number of workers engaged in a job is actually higher than the required workers to accomplish it.

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