Question : What was a major challenge faced by public sector enterprises during the initial Five-year Plans?
Option 1: Lack of skilled labor
Option 2: Inefficient management
Option 3: Competition from foreign companies
Option 4: Insufficient government funding
Correct Answer: Inefficient management
Solution : A major challenge faced by public sector enterprises during the initial Five-year Plans was inefficient management, which often led to underperformance and low productivity.
Question : What was the impact of the expansion of the state sector on private sector development during the initial Five-year Plans?
Option 1: It fostered healthy competition.
Option 2: It provided support through subsidies.
Option 3: It led to a crowding out of private investment.
Option 4: It encouraged joint ventures with foreign companies.
Question : A consequence of economic liberalization in India was:
Option 1: Strengthening of labor unions
Option 2: Increased competition in domestic markets
Option 3: Expansion of the public sector
Option 4: Decrease in foreign direct investment
Question : What was a major challenge faced by artisans in the late 18th-century rural society due to colonial policies?
Option 1: Lack of raw materials
Option 2: Competition with imported goods
Option 3: Restricted access to markets
Option 4: Over-regulation by local authorities
Question : What is a challenge faced by inland waterways in urban areas?
Option 1: Competition with recreational boating
Option 2: Limited access to ports
Option 3: Congestion and pollution
Option 4: Insufficient water depth
Question : What is a significant challenge faced by the cotton textiles industry?
Option 1: Overreliance on manual labor
Option 2: Competition from synthetic fibers
Option 3: Decreased demand for cotton products
Option 4: Abundance of raw cotton material
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