Indian Economy: RAS Prelims MCQs
848 RAS Prelims practice MCQs on the Indian economy are on this page, in 10 chapters. They cover economic growth and development, the Human Development Index, monetary and fiscal policy and the Union Budget, fiscal federalism, agricultural development, industrial reforms and LPG, the service sector, energy and transport, skill development and employment, and social justice. Each question has an answer and an explanation.
Practice questions based on the RPSC RAS Prelims syllabus. They follow the exam pattern but are not past-paper questions.
Showing 391–400 of 848 questions
Browse Indian Economy chapters
List II and select the correct answer using the options given below:
List I: (Land Revenue Systems)
A. Zamindari System
B. Ryotwari System
C. Mahalwari System
D. Jagirdari System
List II: (Key Characteristics)
i. Revenue settlement made directly with individual cultivators
ii. Revenue settlement made with the village community or estate
iii. Land granted by native rulers to chieftains in return for military/administrative service
iv. Revenue collected by intermediaries holding permanent property rights
Explanation
British land revenue systems varied significantly across regions. The Zamindari system relied on intermediaries with permanent rights, whereas the Ryotwari system involved direct settlements with individual cultivators. The Mahalwari system treated the entire village community as a unit for revenue. Jagirdari involved land grants to chieftains in exchange for administrative or military services to the ruling powers.Explanation
To protect the rights of various classes of tenants and ensure stability in rural land relations, Rajasthan enacted a comprehensive Tenancy Act. This legislation was formally passed in 1955. It provided statutory rights and protection against arbitrary evictions, representing a significant step in the state’s efforts to reform land tenure and improve the socio-economic status of farmers.I. Regulation of rent was introduced to cap the rent payable by tenants to landowners, usually at one-fifth to one-fourth of the gross produce.
II. Security of tenure aimed to prevent arbitrary eviction of tenants by landlords.
III. Conferment of ownership rights allowed tenants to purchase the leased land upon payment of a specified compensation.
Which of the above statement(s) is/are correct?
Explanation
Tenancy reforms in India focused on three main pillars to protect cultivators. Rent regulation capped payments at reasonable levels of gross produce. Security of tenure prevented landlords from evicting tenants without legal cause. Finally, the conferment of ownership rights allowed tenants to eventually purchase the land they tilled, fostering a sense of stability and encouraging agricultural investment.Explanation
In the context of Indian agricultural reforms, a land ceiling refers to the statutory maximum limit on the amount of land an individual or family can legally hold. This policy was designed to reduce the concentration of land ownership among a few wealthy individuals and facilitate the redistribution of surplus land to landless laborers and marginal farmers.Explanation
Post-independence land reforms followed a logical sequence to restructure rural society. The process began with the abolition of intermediaries like Zamindars. This was followed by tenancy reforms to protect tillers. Later, land ceilings were introduced to redistribute surplus holdings. Finally, the consolidation of holdings was emphasized to amalgamate fragmented plots into compact blocks for better efficiency and mechanization.Explanation
Several factors hindered the success of land ceiling laws in India. High initial limits and numerous exemptions for orchards or trusts allowed many owners to retain large holdings. Malafide ‘Benami’ transfers to relatives were also common. However, stringent digitalization of land records was not a cause of failure; in fact, such technology was unavailable immediately after India gained independence.Explanation
A Benami transfer involves registering property in the name of another person while the real owner retains control and benefit. In land reforms, this practice was widely used by large landowners to bypass ceiling laws. By transferring surplus land to fictitious persons or dependent relatives, they could evade redistribution efforts and maintain their large estates under a different name.I. Plantations (Tea, Coffee, Rubber)
II. Land held by religious and charitable trusts
III. Land assigned to agricultural cooperatives
IV. Irrigated land producing two crops a year
Which of the above statement(s) regarding land categories generally granted exemptions under the initial Land Ceiling Acts is/are correct?
Explanation
The initial Land Ceiling Acts provided exemptions for several categories of land to protect specific economic and social interests. These typically included large plantations for tea, coffee, and rubber, as well as lands held by religious or charitable trusts. Additionally, land assigned to agricultural cooperatives was often exempted to encourage collective farming. Irrigated double-cropped land was generally not exempted.Explanation
While land consolidation was a national goal, its implementation varied significantly across states. Punjab and Haryana are recognized as the most successful in achieving near-total consolidation of agricultural holdings. This success laid the foundation for high agricultural productivity and the effective adoption of Green Revolution technologies, as farmers could manage large, compact blocks of land more efficiently.Answer key for these questions
| Q | Correct answer |
|---|---|
| 391 | (d) Ceiling on Land Holdings - Maximizing the land owned by large corporate farmers. |
| 392 | (a) A-iv, B-i, C-ii, D-iii |
| 393 | (c) 1955 |
| 394 | (d) I, II and III |
| 395 | (d) Fixing a statutory maximum limit on the quantum of agricultural land that an individual or a family can hold. |
| 396 | (b) Abolition of Intermediaries Tenancy Reforms Land Ceilings Consolidation of Holdings |
| 397 | (c) Stringent digitalization of land records immediately after independence preventing manual alterations. |
| 398 | (d) Registering surplus land in the name of fictitious persons or dependent relatives to bypass ceiling laws. |
| 399 | (a) I, II and III only |
| 400 | (b) Punjab and Haryana |
Key facts from Indian Economy
- The RPSC syllabus lists economic concepts and the Indian economy as the first part of the Economy paper, followed by the economy of Rajasthan.
- Concept questions test definitions: nominal and real GDP, GNP and NDP, per capita income and the value-added method.
- Policy questions pair a tool with its effect, for example a rise in CRR reduces the lendable resources of banks.
- Scheme questions ask for the target group, ministry or year of schemes such as PMKVY, NAPS, PM SVANidhi and PM-SYM.
- Questions on Finance Commission and GST link the body to its Article, such as Article 280.
Frequently asked questions
How many RAS Prelims practice MCQs are there on Indian Economy?
This page has 848 practice MCQs on Indian Economy. Each has the correct answer, and most have an explanation.
Which chapters does the Indian economy set cover?
Ten chapters: economic growth, development and sustainable development; measurement of development (HDI); monetary and fiscal policy and the Union Budget; fiscal federalism and the Finance Commission; agricultural development; industrial growth and LPG reforms; the service sector; energy, transport and communication; skill development and employment; and social justice and empowerment.
Is the Indian economy in the RAS Prelims syllabus?
Yes. RPSC lists Economic Concepts and the Indian Economy as the first part of the Economy paper. The second part covers the economy of Rajasthan, which is on its own page.
How should I revise economy for RAS Prelims?
Learn the definitions and the cause-and-effect chains first, then the schemes with their year, ministry and target group. Attempt each chapter, read every explanation and keep a one-line note for each scheme and body.