Practice

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.

Clear filters

Showing 401–410 of 848 questions

Browse Indian Economy chapters
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q401. What is the primary operational objective of the consolidation of land holdings in India?
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q402. Match the Land Reform Terms in List I with their Meanings in List II and select the correct answer using the options given below:
Land Reform TermsMeanings
A. Chakbandii. The process of creating multiple layers of intermediaries between the state and the tiller
B. Bhoodanii. Consolidation of fragmented land holdings
C. Sub-infeudationiii. Owners living away from the land and extracting rent without participating in cultivation
D. Absentee Landlordismiv. Voluntary donation of land by large owners for the landless
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q403. Which of the following is the odd one out regarding the direct benefits of consolidation of land holdings?
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q404. Consider the following challenges faced during the consolidation of land holdings:
I. Emotional attachment of farmers to their ancestral lands.
II. Wide variations in the quality and fertility of soil across different plots.
III. Lack of updated and accurate land records.
IV. Fear of displacement among small and marginal farmers.
V. Shortage of trained revenue officials to execute the complex exchange process.
Which of the above statement(s) accurately reflecting these challenges is/are correct?
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q405. Which of the following best distinguishes Cooperative Farming from Collective Farming in the Indian context?
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q406. Read the following procedural steps for forming a Cooperative Farming Society and select the correct chronological order from the options given below:
I. Registration of the society with the Registrar of Cooperative Societies.
II. Minimum required number of farmers agreeing to pool their land and resources.
III. Election of a management committee by the general body.
IV. Drafting the bye-laws of the society.
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q407. Which Constitutional Amendment Act provided constitutional status and protection to Cooperative Societies in India, inserting Article 43B in the Directive Principles of State Policy?
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q408. Despite government support during early Five- Year Plans, cooperative farming largely failed to take root in India. Which of the following was the most significant sociological reason for this failure?
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q409. The following question consists of two statements, one labeled as Assertion (A) and the other as Reason (R). Examine these two statements carefully and select the correct answer from the options given below:
Assertion (A): Cooperative farming achieved widespread adoption and permanent success across all states in India during the 1960s.
Reason (R): Small and marginal farmers feared that pooling land would eventually lead to the loss of their individual ownership rights.
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q410. Who among the following is widely recognized as the Chief Architect or ‘Father’ of the Green Revolution in India?

Answer key for these questions

QCorrect answer
401(b) Amalgamating fragmented land parcels into a single compact block.
402(a) A-ii, B-iv, C-i, D-iii
403(c) Automatic increase in the Minimum Support Price (MSP) for crops grown on consolidated land.
404(d) I, II, III, IV and V
405(c) Individual members retain land ownership in cooperative farming, unlike collective farming.
406(a) II, IV, I, III
407(d) 97th Amendment Act, 2011
408(a) Individualism and fear of losing proprietary rights over ancestral land.
409(d) A is false but R is true.
410(a) M.S. Swaminathan

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.