Economic Survery of India

Who presents the Economic Survey of India?
a) Prime Minister
b) Finance Minister
c) Chief Economic Adviser
d) RBI Governor
✅ c) Chief Economic Adviser

The Economic Survey is released:
a) Before Budget
b) After Budget
c) Along with Budget
d) In April
✅ a) Before Budget

The theme of Economic Survey 2023–24 was:
a) Viksit Bharat 2047
b) Indian Economy @100
c) Resilient India
d) Economic Revival Post-COVID
✅ b) Indian Economy @100

GDP growth projection for FY 2024–25 (as per Survey):
a) 6.0%
b) 6.5%
c) 7.2%
d) 5.8%
✅ b) 6.5%

Which sector showed highest growth in 2023–24?
a) Industry
b) Services
c) Agriculture
d) Manufacturing
✅ b) Services

According to the Survey, India’s economy in FY24 grew by:
a) 7.0%
b) 6.8%
c) 7.3%
d) 6.5%
✅ c) 7.3%

Which ministry prepares the Economic Survey?
a) Ministry of Commerce
b) Ministry of Finance
c) Ministry of Corporate Affairs
d) NITI Aayog
✅ b) Ministry of Finance

What is India's inflation rate for FY24 (CPI-based)?
a) 5.4%
b) 4.8%
c) 6.2%
d) 3.9%
✅ b) 4.8%

Core inflation in FY24 remained:
a) Above 7%
b) Below 5%
c) Around 6%
d) Over 8%
✅ b) Below 5%

What does the Economic Survey mainly focus on?
a) Tax rates
b) Monetary policy
c) Review of economic performance and future outlook
d) Budget allocations
✅ c) Review of economic performance and future outlook

What was the fiscal deficit target for FY24?
a) 5.5%
b) 5.9%
c) 6.2%
d) 4.8%
✅ b) 5.9%

Capital expenditure as % of GDP in FY24 was approx.:
a) 2.5%
b) 3.3%
c) 4.2%
d) 5.0%
✅ c) 4.2%

Agri sector growth in FY24 was around:
a) 3.5%
b) 2.8%
c) 1.8%
d) 4.2%
✅ c) 1.8%

India became the ___ largest economy globally (nominal GDP):
a) 3rd
b) 4th
c) 5th
d) 6th
✅ c) 5th

India aims to become a developed nation by:
a) 2030
b) 2047
c) 2050
d) 2060
✅ b) 2047

The "India Stack" refers to:
a) Manufacturing chain
b) Digital public infrastructure
c) Defence policy
d) MSME initiative
✅ b) Digital public infrastructure

UPI transaction growth in FY24 (YoY) was:
a) 25%
b) 45%
c) 59%
d) 75%
✅ c) 59%

Which scheme is highlighted for infrastructure growth?
a) MGNREGA
b) Gati Shakti
c) Ayushman Bharat
d) KUSUM
✅ b) Gati Shakti

G20 Presidency was hosted by India in:
a) 2022
b) 2023
c) 2024
d) 2021
✅ b) 2023

Credit growth to industry in FY24 was around:
a) 5%
b) 8%
c) 10%
d) 12%
✅ d) 12%

What percent of GDP was India's tax revenue in FY24?
a) 8.3%
b) 10.5%
c) 11.8%
d) 13.4%
✅ c) 11.8%

Which sector saw most FDI inflows in FY24?
a) Services
b) Manufacturing
c) Telecom
d) E-commerce
✅ a) Services

India’s foreign exchange reserve (March 2024) was approx.:
a) $500 billion
b) $580 billion
c) $620 billion
d) $640 billion
✅ d) $640 billion

Which factor boosted rural consumption recovery?
a) Wage rise
b) Agri exports
c) Food inflation
d) Farm mechanization
✅ a) Wage rise

What is “Product-Linked Incentive” (PLI)?
a) Subsidy for agriculture
b) Export credit
c) Incentive for manufacturing firms
d) Credit for MSMEs
✅ c) Incentive for manufacturing firms

What was the current account deficit in FY24?
a) 1.2%
b) 1.8%
c) 2.3%
d) 2.6%
✅ a) 1.2% of GDP

India’s GDP size in USD (FY24) was approx.:
a) $2.9 trillion
b) $3.2 trillion
c) $3.7 trillion
d) $4.0 trillion
✅ c) $3.7 trillion

Which program has been expanded to boost tourism?
a) Bharat Mala
b) Dekho Apna Desh
c) UDAAN
d) Vande Bharat
✅ b) Dekho Apna Desh

Which state had the highest capital expenditure (Survey)?
a) UP
b) Maharashtra
c) Tamil Nadu
d) Gujarat
✅ a) UP

The Survey mentions “Twin Balance Sheet” problem in context of:
a) Budget deficit
b) Bank NPAs & corporate debt
c) Tax-GDP ratio
d) RBI fiscal role
✅ b) Bank NPAs & corporate debt

MSMEs contribute approximately ___ to India’s GDP.
a) 20%
b) 29%
c) 36%
d) 42%
✅ b) 29%

The Survey highlights ___ as a driver of green growth.
a) National Hydrogen Mission
b) PM-KUSUM
c) Biofuel Policy
d) EV Policy
✅ a) National Hydrogen Mission

Real GDP measures:
a) GDP at current prices
b) GDP minus inflation
c) Fiscal deficit
d) Nominal income
✅ b) GDP minus inflation

Inflation control is the responsibility of:
a) Ministry of Finance
b) NITI Aayog
c) RBI
d) SEBI
✅ c) RBI

What is "Blue Economy"?
a) Economy of coastal states
b) Sustainable ocean-based development
c) Navy-led defence economy
d) Global shipping trade
✅ b) Sustainable ocean-based development

National Logistics Policy aims to reduce costs from:
a) 12% to 8% of GDP
b) 20% to 10%
c) 10% to 5%
d) 18% to 8%
✅ a) 12% to 8%

Which index monitors digital economy growth?
a) EASE Index
b) DPI Index
c) JAM Index
d) Aadhaar Stack Score
✅ b) DPI Index

Which state tops in per capita income as per Survey?
a) Gujarat
b) Kerala
c) Goa
d) Delhi
✅ c) Goa

Unemployment rate in FY24 was:
a) 8.2%
b) 7.4%
c) 6.8%
d) 6.1%
✅ d) 6.1% (PLFS)

India’s rank in global innovation index (2023):
a) 20
b) 25
c) 40
d) 42
✅ d) 42

Survey refers to “First-mile to Last-mile” in:
a) Transport
b) Digital connectivity
c) Inclusive delivery of schemes
d) MSME exports
✅ c) Inclusive delivery of schemes

“Jan Dhan 2.0” aims to:
a) Provide pension
b) Digitize payment
c) Deepen financial inclusion
d) Restructure bank loans
✅ c) Deepen financial inclusion

Survey identifies ___ as key to inclusive growth.
a) MSME growth
b) Women’s SHGs
c) Agri startups
d) Infrastructure
✅ b) Women’s SHGs

Which tax category saw maximum collection in FY24?
a) Corporate tax
b) GST
c) Excise
d) Customs
✅ b) GST

What is “Amrit Kaal” according to Survey?
a) 2022–2047 development roadmap
b) 2023–2033 10-year plan
c) Emergency fiscal plan
d) Pandemic recovery
✅ a) 2022–2047 development roadmap

What was the share of capital expenditure in total budget (FY24)?
a) 12%
b) 19%
c) 23%
d) 26%
✅ c) 23%

NITI Aayog’s Aspirational Blocks Program covers:
a) 100 blocks
b) 250 blocks
c) 500 blocks
d) 600 blocks
✅ b) 250 blocks

The “Sankalp se Siddhi” approach focuses on:
a) Education
b) Social welfare
c) Inclusive governance
d) Cooperative federalism
✅ c) Inclusive governance

“PM SHRI” scheme relates to:
a) Rural housing
b) Smart schools
c) Highway repair
d) Water conservation
✅ b) Smart schools

Economic Survey recommends India focus on:
a) Welfare-only growth
b) Service-led GDP
c) Investment-driven growth
d) Foreign aid
✅ c) Investment-driven growth