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Complete Chronology: Top 113 Important Dates for CUET Economics

Mastering chronology is the secret to scoring a perfect 200/200 in the CUET Economics domain. The Indian Economic Development (IED) section frequently tests your knowledge of key years, policy implementations, and historical events. Use this definitive "ExamSpark Master List" to crush those sequence and matching questions.

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S.No. Event / Fact / Policy Year / Date
1Adam Smith was born1723
2Battle of Plassey1757
3Adam Smith's Book - An Enquiry into the Nature and Cause of the Wealth of Nations1776
4Zamindari System1793
5British Introduced Railways in India1850
6First Passenger train ran in India1853
7First Railway Bridge linking Bombay and Thane1854
8Opening of Suez Canal1869
9Gold Standard System of Exchange Rate1870-1914
10First Population Census of British India1881
11Birth of British Economist John Maynard Keynes1883
12Prasanta Chandra Mahalanobis was born1893
13Tata Iron and Steel Company (TISCO) was incorporated1907
14Indian Council of Medical Research (ICMR) established as Indian Research Fund Association (IRFA)1911
15Book - Economic Consequences of the Peace (by John Maynard Keynes)1919
16Year of Great Divide1921
17India entered Second Stage of Demographic Transition1921
18Great Depression1929
19TATA Airlines1932
20The General Theory of Employment, Interest and Money (by John Maynard Keynes)1936
21Bretton Woods System of Exchange Rate (Setting up of IMF and World Bank)1944-1971
22All India Council of Technical Education (AICTE)1945
23World Bank Officially started Functioning1946
24India got Independence1947
25India and Pakistan became independent nations1947
26First Industrial Policy Resolution of Independent India1948
27General Agreement on Trade and Tariff (GATT)1948
28People's Republic of China established1949
29IRFA renamed as ICMR (Indian Council of Medical Research)1949
30Policy of Import Substitution1950-1990
31Planning Commission was set-up1950
32First Five Year Plan of India1951
33First Five Year Plan of China1953
34University Grants Commission (UGC) came into Existence1953
35Village and Small Scale Industries Committee (Karve Committee)1955
36University Grants Commission (UGC) became a statutory organization1956
37First five Year Plan of Pakistan1956
38Industrial Policy Resolution (three-fold Classification of Industries)1956
39Great Leap Forward (GLF) Campaign (China)1958
40Commune System (China)1958
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41National Council of Educational Research and Training (NCERT)1961
42Education Commission Recommended that atleast 6% of GDP be spent on Education1964-66
43Green Revolution in IndiaMid 1960s
44First Phase of Green Revolution1965-1975
45Great Proletarian Cultural Revolution (China)1965
46Commission for Agricultural Costs and Prices (CACP) was set up1965
47Monopolies and Restrictive Trade Practices Act (MRTP)1969
48India adopted Social Banking and Multi-agency Approach1969
49Nationalisation of 14 Major Commercial Banks1969
50Silver Revolution1969
51Operation Flood / White Revolution1970
52Nationalisation of Capital Goods industries in Pakistan1970s
53Smithsonian Agreement1971
54Foreign Exchange Regulation Act (FERA)1973
55Chipko Movement1973
56Central Pollution Control Board (CPCB)1974
57Second Phase of Green Revolution1975-1985
58Economic Reforms introduced in China1978
59One-child Policy introduced in China1979
60Denationalisation of Capital Goods industries in PakistanLate 1970s and 1980s
61Special Economic Zones (SEZs) setup in China1980
62Second Phase of Nationalisation of Banks1980
63National Bank for Agriculture and Rural Development (NABARD)1982
64Appiko Movement1983
65Seventh Five Year Plan (Importance of Human Capital Formation recognized)1985-1990
66Blue Revolution (Neel Kranti Mission)1985-1990
67South Asian Association for Regional Cooperation (SAARC) established1985
68Tamil Nadu Women in Agriculture (TANWA)Late 1980s
69Montreal Protocol1987
70Economic Reforms in Pakistan1988
71Economic Reforms in India (LPG Policies)1991
72Golden Revolution1991-2003
73India signed Montreal Protocol1992
74Indian Rupee was made partially convertible1992-1993
75Indian Rupee was made fully convertible1993-1994
76New Five Year Export Import (EXIM) Policy1992-1997
77Prime Minister's Rozgar Yojana1993
78European Union established1993
79Kudumbashree Bank1995
80World Trade Organisation (WTO) founded1995
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81Kisan Mehta of Prakruti suggested that cotton could be grown organically1995
82Swarna Jayanti Shahari Rozgar Yojana (Replaced by DAY-NULM)1997
83Kyoto Protocol1997
84Tapas Majumdar Committee1999
85Foreign Exchange Management Act (FEMA)1999
86European Monetary Union1999
87G-20 established1999
88Quantitative Restrictions on Import of Manufactured goods and Agricultural products fully removedApril 1, 2001
89Competition Act (replaced MRTP Act, 1969)2002
90India signed Kyoto Protocol2002
91Fiscal Responsibility and Budget Management Act (FRBMA)2003
92MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act)2005
93Right to Education2009
94BRICS (Brazil, Russia, India, China and South Africa)2009
95No. of Industries reserved for Public Sector was reduced from 8 to 3 (Atomic Energy, Railways and Defence)2010-11
96India's last (12th) Five Year Plan2012-17
97Deendayal Antyodaya Yojana - National Urban Livelihood Mission (DAY-NULM) - replaced SJSRY2013
98India declared Polio Free by WHO27th March, 2014
99Pradhan Mantri Jan Dhan Yojana28th August, 2014
100Saansad Adarsh Gram Yojana (SAGY)October, 2014
101Beti Bachao, Beti Padhao2015
102UN formulated 17 Sustainable Development Goals to be achieved by the year 20302015
103One Child Policy Discontinued in China2016
104Pradhan Mantri Kaushal Vikas Yojana (Prime Minister Skill Development Scheme)2016
105Constitution (101st Amendment) to introduce GST2016
106Demonetisation of Rs 500 and Rs 1000 denomination Notes8th November, 2016
107GST Act passed in Parliament29th March, 2016
108GST Came into force2017
10912th Five Year Plan of Pakistan2018-2023
110Jeevan Shakti Yojana2020
111Three-child Policy in China2021
11214th Five Year Plan of China2021-2025
113VB-G RAM (G) Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) - New name of MGNREGA2025

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