Indian Economy 1950-1990: Class 12 Economics (Bihar Board) important questions and practice
Indian Economy 1950-1990 is chapter 8 of 14 in Bihar Board Class 12 Economics. Below are the topics the paper draws from, the question types that come up again and again, and a free practice test on this chapter alone.
Topics in this chapter
- Goals of Five Year Plans: growth, modernisation, self-reliance, equity
- Agriculture: land reforms (abolition of intermediaries, land ceiling) and the Green Revolution
- Debate over subsidies
- Industry and trade: public sector role, Industrial Policy Resolution 1956, licensing, small-scale industries
- Trade policy: import substitution, tariffs and quotas
- Critical appraisal of the 1950-90 period
What examiners usually ask
- Explain the goals of the Five Year Plans
- What was the Green Revolution? Explain its benefits and the risks involved
- Why was the public sector given a leading role in industrial development during 1950-90?
Exam tip
The Green Revolution answer should include HYV seeds, irrigation, fertilisers, 'marketed surplus' and the risk of inequality between farmers and regions; the import substitution and licensing (permit licence raj) points are the other regular 4-mark item.
Indian Economy 1950-1990 on other boards and exams
Frequently asked questions
What are the important questions from Indian Economy 1950-1990 for Bihar Board Class 12?
The question types listed above repeat most often in Bihar Board Class 12 Economics papers for this chapter. Practise them with the chapter test and then attempt them inside a full previous-year paper under time.
Is Indian Economy 1950-1990 in the Bihar Board Class 12 Economics syllabus?
Yes. Indian Economy 1950-1990 is part of the current Bihar Board Class 12 Economics syllabus, as listed on this site from the prescribed textbook.
Can I practise Indian Economy 1950-1990 MCQs in Hindi?
Yes. The chapter test and explanations are available in Hindi and English, with an AI doubt solver for any question.