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NCERT Class 11 Economics Chapter 3 Liberalisation, Privatisation and Globalisation: an Appraisal Test Mock Test

This free online test covers Chapter 3, Liberalisation, Privatisation and Globalisation: an Appraisal, from the NCERT Class 11 Indian Economic Development textbook. The 30 questions are written directly from the chapter — definitions, processes, worked examples and the points the book italicises — so a score here tells you how much of the chapter actually stuck, not how well you guess. Each answer carries an explanation that says why the right option is right and why the other three fail, which is where most of the learning happens. Attempt it after your first read of the chapter, then again before the exam. There is no negative marking, and you can review the full solution the moment you submit.

Duration

30 mins

Questions

30 MCQs

Total Marks

30 pts

Negative

0 per wrong

Topics Covered in This Paper

Economics
30 Qs100%

Sample Questions

Q1.The economic crisis that India met in 1991 related to its external debt, and one measure of its severity was that foreign exchange reserves had dropped to a level:

  • ANot sufficient to finance imports for even a fortnight
  • BBelow the value of a single month's exports
  • CSufficient only for the import of petroleum for six months
  • DJust sufficient to finance imports for a full year

Q2.The origin of the 1991 financial crisis is traced in the chapter to:

  • AThe inefficient management of the Indian economy in the 1980s
  • BThe founding of the World Trade Organisation
  • CThe abolition of industrial licensing in the mid-1980s
  • DThe failure of the green revolution in the 1970s

Q3.India approached the International Bank for Reconstruction and Development and the International Monetary Fund in 1991 and received a loan of:

  • A100 million dollars
  • B646 billion dollars
  • C23 billion dollars
  • D7 billion dollars

Before you begin

6 quick notes

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Each correct answer carries +1 marks.

Each wrong answer carries -0 marks.

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Disclaimer: The questions provided here are extracted and digitized from previous year papers using automated processes. They may contain typographical errors, formatting issues, or minor variations from the actual examination paper. While we have done our best to verify the accuracy of the official answer keys, discrepancies may occasionally exist. Please refer to the official commission website for the most authentic paper.

Timer starts immediately and keeps running even if you close the tab. Make sure you have 30 uninterrupted minutes.

FAQ

Frequently asked questions

Frequently Asked Questions

How many questions are in the NCERT Class 11 Economics Chapter 3 Liberalisation, Privatisation and Globalisation: an Appraisal Test mock test?
This paper has 30 multiple-choice questions carrying 30 marks in total, to be attempted in 30 minutes.
Is the NCERT Class 11 Economics Chapter 3 Liberalisation, Privatisation and Globalisation: an Appraisal Test mock test free to attempt?
Yes. You can attempt the full paper online for free on AI Test Planet, and see your score and correct answers immediately after submitting.
Does this paper have negative marking?
No, there is no negative marking on this paper, so an attempted guess costs you nothing.
Are solutions and explanations available?
Yes. After you submit, every question shows the correct answer with a step-by-step explanation, along with a topic-wise breakdown of your performance.