India vs China Economy MCQs
India vs China Economy – MCQs with Answers & Explanations
Class: 11 | Subject: Economics
Section 17: Comparative Development Experiences of India & Neighbours
Topic: India vs China Economy
Based on NCERT | CBSE Board Examination Standard
Section 17: Comparative Development Experiences of India & Neighbours
Topic: India vs China Economy
Based on NCERT | CBSE Board Examination Standard
1. Which country introduced economic reforms earlier?
Answer: B. China
China began economic reforms in 1978 under Deng Xiaoping, focusing on liberalisation and market socialism, while India started reforms in 1991.
2. India’s economic reforms were introduced in which year?
Answer: B. 1991
India adopted LPG (Liberalisation, Privatisation, Globalisation) reforms in 1991 to overcome the balance of payments crisis.
3. The Great Leap Forward campaign is associated with:
Answer: C. China
It was China’s 1958 campaign to rapidly industrialise and collectivise agriculture, though it faced major setbacks.
4. Which sector contributes the most to India’s GDP?
Answer: C. Services
India’s growth is service‑led, including IT, banking, telecom, and education sectors.
5. China’s growth model is mainly:
Answer: C. Export‑oriented manufacturing
China became the “world’s factory” through SEZs, cheap labour, and export promotion.
6. SEZ stands for:
Answer: A. Special Economic Zone
SEZs are duty‑free zones promoting exports. China used them extensively for industrial growth.
7. One‑child policy was adopted by:
Answer: B. China
It was introduced to control population growth, later relaxed due to ageing population concerns.
8. India’s demographic advantage refers to:
Answer: B
India has a young workforce which can boost growth if properly employed.
9. Which country has higher literacy rate?
Answer: B
China invested heavily in basic education leading to higher literacy levels.
10. Human Development Index is higher in:
Answer: B
Better health, education, and income indicators raise China’s HDI ranking.
11. Commune system existed in:
Answer: B
Agriculture was collectivised into communes during Maoist policies.
12. India follows which economic system?
Answer: C
India combines public and private sector participation.
13. China’s political system is:
Answer: C
China is governed by the Communist Party.
14. Poverty ratio is comparatively lower in:
Answer: B
Rapid industrial growth reduced poverty faster in China.
15. Which country invested more in infrastructure?
Answer: B
China invested heavily in roads, ports, and power aiding industrialisation.
16. India’s IT revolution began in:
Answer: C
Post‑reform policies boosted software exports.
17. Life expectancy is higher in:
Answer: B
Better healthcare access improved longevity in China.
18. Which country is called the ‘Factory of the World’?
Answer: B
China dominates global manufacturing exports.
19. Economic planning in India began in:
Answer: C
First Five‑Year Plan launched in 1951.
20. Main reason for China’s rapid growth:
Answer: C
Export‑driven industrialisation accelerated GDP growth.
