IAS Exam Questions Economy

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IAS Exam Questions

IAS Exam Questions

IAS Exam Questions for Civil Services.

Civil Services is one of the most prestigious exams of our country. Hence, one of the toughest.

Yet each year lakhs of aspirants appear for the exam and the best among them make it to their dream destination. Attempting a Quiz daily consisting most important IAS Exam Questions will help you immensely in the preliminary exam.

After all, at this point in time , you should practice different questions across topics.

Subject – Economy

Daily IAS Prelims Quiz for GS Paper 1 is very helpful to all UPSC aspirants in evaluating their preparation for the Preliminary examination.

The questions given here are both conceptual and factual in nature.

The quiz comprises of questions as per the latest trend and analysis of the UPSC Civil Services paper. The Quiz is designed by students who have qualified Civil Services previously.

Attempt IAS Exam Quiz 

1. Receipts in budget can be capital or revenue. Which of these is/are capital receipts?

1. Loan recoveries
2. Provident funds deposits
3. Grants

Select the correct answer using the codes given below –
 
 
 
 

Question 1 of 10

2. If a government is unable to pass the budget in Lok Sabha, then _____.
 
 
 
 

Question 2 of 10

3. With reference to contribution from taxes, consider the following statements:

1. Contribution from direct taxes is more than that from indirect taxes.
2. Corporation tax is the largest contributor.

Which of the statements given above is/are correct
 
 
 
 

Question 3 of 10

4. Which among the following may not lead to Inflation?
 
 
 
 

Question 4 of 10

5. Gross capital formation will increase if:

1. gross domestic savings increases
2. gross domestic consumption increases
3. GDP increases

Select the correct answer using the codes given below
 
 
 
 

Question 5 of 10

6. Integrated Child Development Services (ICDS) Scheme aims to provide many services to children that includes:

1. school education
2. Nutrition support
3. Immunization

Select the correct answer using the codes given below.
 
 
 
 

Question 6 of 10

7. Consider the following data:

1. Revenue deficit (RD) = 3% of GDP |
2. Grants for capital formation = 1.8% of GDP
3. Primary deficit (PD) = 1.2%
4. Non-plan expenditure = 1.5%

In the above scenario, effective revenue deficit (ERD) will be:
 
 
 
 

Question 7 of 10

8. Select the correct answer about the Indian states in Health-Sector :
 
 
 
 

Question 8 of 10

9. India’s wage policy is based on _________.
 
 
 
 

Question 9 of 10

10. Which among the following is not a committed expenditure of the Government of India?
 
 
 
 

Question 10 of 10


 

Important IAS Exam Questions

Attempt IAS Exam Quiz on Polity

Attempt IAS Exam Quiz on Geography

IAS Exam General Studies comprises a vast ocean of subjects and this paper needs to be mastered in order to reach the Mains examination.

There are 100 questions to be answered in two hours, each question carries two marks. It means there will be around 80 seconds to answer each question.

Hence, speed and accuracy is essential to tackle this examination.

While the correct answer will fetch 2 marks, a wrong answer means a loss of 0.66 marks.

A lot of aspirants get scared on hearing the name of economics. But there is nothing to worry.

Let me clarify right in the beginning that you do not need to have prior knowledge of economics to crack the questions based on it.

You will understand concepts as you keep reading. In fact economics might become your favourite section from the syllabus.

Good thing about Indian Economy is that it is one section of Civil Services Exam where you can avoid a lot of cramming.

Pattern of Paper I

(General Studies)

Marks: 200 

Negative: 0.66

Duration: Two Hours

Number of Questions: 100

Recommended Books for Economy

NCERT books for classes 11th,12th

Indian Economy – Ramesh Singh

Economy Notes – Mrunal

Economic Survey Summary

Useful Links for IAS Aspirants

CLICK HERE TO VIEW DO’S AND DON’TS BEFORE FILLING CIVIL SERVICES EXAM FORM

CLICK HERE TO VIEW BEST STRATEGY FOR PREPARING GENERAL STUDIES PAPER 1

CLICK HERE TO VIEW BEST STRATEGY FOR PREPARING GENERAL STUDIES PAPER 2

CLICK HERE TO VIEW MOST EFFICIENT TIPS FOR PREPARING ECONOMY

 IAS Exam Mock Tests & Preparation Packages

We allow aspirants to view sample questions  before buying our preparation packages. All you need to do is to do is to sign up. Once you have an account, you will be shown 10 sample questions. If you like the quality of our sample questions, you can go ahead and click the ‘Buy Now’ Button.

CLICK HERE TO VIEW IAS PRELIMS SAMPLE MOCK TEST QUESTIONS

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