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Question

______ means avoiding imports of goods which could be produced in India.

The correct answer is

Self-reliance

Self-reliance means avoiding imports of goods which could be produced in India.

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Important Questions from Economy

  1. The Five Year Plan was first launched in

  2. Which of the following was/were the feature(s) of Lenin’s New Economic Policy (NEP) for the Soviet Union?

    1) Private retail trading was strictly forbidden

    2) Private enterprise was strictly forbidden

    3) Peasants were not allowed to sell their surplus

    4) To secure liquid capital, concessions were allowed to foreign capitalists, but the State retained the option of purchasing the product of such concerns

    Select the correct answer using the code given below:

  3. Which one of the following was set as a target of average growth of GDP of India over the plan period 2012-2017 by the Approach Paper to the Twelfth Five year Plan?

  4. In ________ economies, all productive resources are owned and controlled by the government.

  5. Private ownership of the means of production is a feature of a _______ economy.

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