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.

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Showing 421–430 of 848 questions

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RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q421. Which apex body was specifically established by the Government of India to replicate the successful Amul cooperative model nationwide under Operation Flood?
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q422. Match the Tiers of the Amul Cooperative Model in List I with their Respective Functions in
List II and select the correct answer using the options given below:
List I: (Amul Model Tiers)
A. Village Dairy Cooperative Society
B. District Milk Union
C. State Milk Federation
D. National Dairy Development Board
List II: (Functions)
i. Processing of milk and production of milk products
ii. Marketing of milk and milk products across the state/country
iii. Collection of milk directly from primary producer members
iv. Providing financial and technical support to dairy programs nationwide
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q423. Which of the following is the odd one out in the context of the institutional structure of the White Revolution?
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q424. Consider the following features of the Amul model of dairy development:
I. Elimination of middlemen from the milk procurement process.
II. Democratic control and management by farmers themselves.
III. Integration of milk production with processing and marketing.
IV. Provision of veterinary services and artificial insemination at the village level.
V. Mandatory transfer of cattle ownership to the cooperative society.
Which of the above statement(s) is/are correct?
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q425. The term ‘Blue Revolution’ in the context of Indian agricultural development refers to a rapid and sustained increase in the production of which of the following?
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q426. Which flagship scheme was launched by the Government of India in 2020 to bring about ecologically healthy, economically viable, and socially inclusive development of the fisheries sector?
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q427. Which of the following statements regarding India’s status in global fish production is correct?
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q428. Read the following statements regarding the composition of fish production in India and select the correct answer from the options given below:
Statement I: Historically, marine fisheries constituted the major share of India’s total fish production.
Statement II: In recent years, inland fisheries (including aquaculture) have surpassed marine fisheries and now contribute to more than 70 percent of total fish production.
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q429. 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): The Blue Revolution focuses exclusively on enhancing fish catch from deep-sea marine environments.
Reason (R): Inland aquaculture has experienced exponential growth and is highly suitable for integration with agriculture in rural areas.
RAS Prelims Indian Economy · Agricultural Development: Institutional, Technological Aspects and Reforms
Q430. The ‘Yellow Revolution’ in Indian agriculture is associated with self-reliance and increased production of which of the following commodities?

Answer key for these questions

QCorrect answer
421(c) National Dairy Development Board (NDDB)
422(a) A-iii, B-i, C-ii, D-iv
423(d) Zila Parishad Agriculture Committee
424(a) I, II, III and IV only
425(c) Fish and Marine products
426(a) Pradhan Mantri Matsya Sampada Yojana
427(d) India ranks third globally in total fish production and second in aquaculture.
428(a) Both Statement I and Statement II are true.
429(d) A is false but R is true.
430(d) Oilseeds

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.