India's Economic Problems After Independence
Trending Questions
Q.
What were the features of the Indian economy on the eve of Independence?
Q. Which of the following issues did India face right after it gained independence?
- Lack of balanced development in public and private sectors
- Lack of basic infrastructural facilities
- Scarcity of natural resources
- Vicious circle of poverty
Q. What were the major factors responsible for the poor quality of human resources in India in the decades following independence?
- Declining rate of population
- Poor healthcare facilities
- Absolute absence of government intervention
- Underdeveloped education system
Q. In post-independent India, the majority of the population was dependent on agriculture, but the level of productivity was extremely low.
- False
- True
Q. Write a short note on the ‘Planning Commission’.
Q. Why do you think most of the heavy industries were run by the Indian government right after independence?
- Such industries required huge investments.
- There was no wealthy private person/company to invest in it.
- Profitability of such ventures were doubtful due to delay.
- India had put restrictions on private investment under the pressure of international organisations.
