Tamil Nadu Board 11th Standard Economics - Unit 9 : Book Back Answers and Solutions
This post covers the book back answers and solutions for Unit 9 – Economics from the Tamil Nadu State Board 11th Standard textbook. These detailed answers have been carefully prepared by our expert teachers at KalviTips.com.
We have explained each answer in a simple, easy-to-understand format, highlighting important points step by step under the relevant subtopics. Students are advised to read and memorize these subtopics thoroughly. Once you understand the main concepts, you’ll be able to connect other related points with real-life examples and confidently present them in your tests and exams.
By going through this material, you’ll gain a strong understanding of Economics Unit 9 along with the corresponding book back questions and answers (PDF format).
Question Types Covered:
- 1 Mark Questions: Choose the correct answer, Fill in the blanks, Identify the correct statement, Match the following
- 2 Mark Questions: Answer briefly
- 3, 4, and 5 Mark Questions: Answer in detail
All answers are presented in a clear and student-friendly manner, focusing on key points to help you score full marks.
All the best, Class 11 students! Prepare well and aim for top scores. Thank you!
Unit 9 : Development Experiences in India
I. Multiple Choice questions.
a. Disinvestment
b. Denationalization
c. Franchising
d. All the above
Answer Key:
d. All the above
2. Countries today are to be their growth. for
a. Dependent
b. Interdependent
c. Free trade
d. Capitalist
Answer Key:
b. Interdependent
3. The Arguments against LPG relate to
a. Economic growth
b. More investment
c. Disparities among people and regions
d. Modernization
Answer Key:
c. Disparities among people and regions
4. Expansion of FDI
a. Foreign Private Investment
b. Foreign Portfolio
c. Foreign Direct Investment
d. Forex Private Investment
Answer Key:
c. Foreign Direct Investment
5. India is the largest producer of in the world.
a. fruits
b. gold
c. petrol
d. diesel
Answer Key:
a. fruits
6. Foreigninvestmentincludes
a. FDI only
b. FPI and FFI
c. FDI and FPI
d. FDI and FFI
Answer Key:
c. FDI and FPI
7. The Special Economic Zones policy was announced in
a. April 2000
b. July 1990
c. April 1980
d. July 1970
Answer Key:
a. April 2000
8. Agricultural Produce Market Committee is a
a. Advisory body
b. Statutory body
c. Both a and b
d. non of these above
Answer Key:
b. Statutory body
9. Goods and Services Tax is
a. a multi point tax
b. having cascading effects
c. like Value Added Tax
d. a single point tax with no cascading effects.
Answer Key:
d. a single point tax with no cascading effects.
10. The New Foreign Trade Policy was announced in the year
a. 2000
b. 2002
c. 2010
d. 2015
Answer Key:
d. 2015
11. Financial Sector reforms mainly related to
a. Insurance Sector
b. Banking Sector
c. Both a and b
d. Transport Sector
Answer Key:
c. Both a and b
12. The Goods and Services Tax Act came in to effect on
a. 1 July 2017
b. 1 July 2016
c. 1 January 2017
d. 1 January 2016
Answer Key:
a. 1 July 2017
13. The new economic policy is concerned with the following
a. foreign investment
b. foreign technology
c. foreign trade
d. all the above
Answer Key:
d. all the above
14. The recommendation of Narashimham Committee Report was submitted in the year
a. 1990
b. 1991
c. 1995
d. 2000
Answer Key:
b. 1991
15. The farmers have access to credit under Kisan credit card scheme through the following
a. Co-operative banks
b. RRBs
c. Public sector banks
d. All the above
Answer Key:
d. All the above
16. The Raja Chelliah Committee on Trade Policy Reforms suggested the peak rate on import duties at
a. 25%
b. 50%
c. 60%
d. 100%
Answer Key:
b. 50%
17. The first ever SEZ in India was set. up at
a. Mumbai
b. Chennai
c. Kandla
d. Cochin
Answer Key:
c. Kandla
18. 'The Hindu Rate of Growth' coined by Raj Krishna refers to
a. low rate of economic growth
b. high proportion of Hindu population
c. Stable GDP
d. none
Answer Key:
a. low rate of economic growth
19. The highest rate of tax under GST is (as on July 1, 2017).
a. 18%
b. 24%
c. 28%
d. 32%
Answer Key:
c. 28%
20. The transfer of ownership from public sector to private sector is known as
a. Globalization
b. Liberalization
c. Privatization
d. Nationalization
Answer Key:
c. Privatization
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