Page 239 - SST Class 08

Inside Story
Inside Story
g India’s economy is a mixed economy.
g Economic planning was important and necessary if independent India was to progress.
g Export of agricultural crops brings in foreign exchange to our country.

g Foreign trade is an integral part of a nation’s economy.
g India’s major industries are steel plants, cement, paper, rubber, textiles, fertilizers, etc.

A. Tick (3) the correct option.

1. More than __________ of the population is engaged with and dependent upon
agriculture for their livelihood.
(a) 65 percent (b) 85 percent (c) 95 percent
2. The Planning Commission was set up in:

(a) 1960 (b) 1920 (c) 1950
3. It is one of the main causes of rural underdevelopment.
(a) Poverty (b) Housing (c) Infrastructure

4. The National Literacy Mission was launched in
(a) 1958 (b) 1968 (c) 1988

5. In 1853, in India, the first railway line started by the British was linked from:
(a) Bombay to Goa (b) Bombay to Thane
(c) Gujarat to Bombay

B. Fill in the blanks.
1. _______________ forms the backbone of the Indian economy.
2. The First Five Year Plan, priority was given to _______________ .
3. The _______________ Five Year Plan also aimed at ushering a more equitable income
distribution.

4. India’s _______________ and _______________ are also gatewaying for foreign trade with
other countries.

5. The _______________ is one such government sponsored programme.
C. Write True or False.

1. India’s economy is a mixed economy.
2. Agriculture is not the mainstay of our economy.
3. The government of India introduced the ‘New Industrial Policy’ in 1908.

4. The ‘National Literacy Mission’ was launched in 1988.

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