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 421–430 of 848 questions
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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
Explanation
The Amul model operates on a multi-tier structure. Village societies collect milk directly from producers. District unions handle the processing of milk into various products. State federations manage the large-scale marketing of these products across the region. Finally, the National Dairy Development Board provides the necessary financial and technical framework to support dairy programs on a national scale.Explanation
The institutional framework of the White Revolution is built on a specific cooperative hierarchy. This includes the Primary Milk Producers’ Society at the village level, the District Milk Cooperative Union, and the State Cooperative Milk Marketing Federation. The Zila Parishad Agriculture Committee is a local government administrative body and is not a formal part of the specialized dairy cooperative structure.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?
Explanation
The Amul model is characterized by the elimination of middlemen and democratic management by farmers. It integrates production with processing and marketing while providing essential services like veterinary care and artificial insemination at the village level. Importantly, farmers retain individual ownership of their cattle; the cooperative does not mandate the transfer of livestock ownership to the society itself.Explanation
The term Blue Revolution refers to the rapid and sustained growth of the fisheries and aquaculture sector in India. Similar to the Green Revolution in crops, it focuses on increasing the production of fish and marine products through modern technology, improved breeding practices, and better infrastructure. This sector plays a vital role in providing nutrition and supporting rural livelihoods.Explanation
In 2020, the Government of India launched the Pradhan Mantri Matsya Sampada Yojana to revitalize the fisheries sector. This flagship scheme aims to bring about ecologically healthy and socially inclusive development. It focuses on enhancing fish production and productivity, improving post-harvest infrastructure, and modernizing the value chain to double the incomes of fishermen and fish farmers across the country.Explanation
India has emerged as a global leader in the fisheries sector. Currently, the country ranks third globally in total fish production and occupies the second position in aquaculture production. This significant growth is driven by the expansion of inland fisheries and the adoption of modern farming techniques, contributing substantially to India’s agricultural exports and providing essential protein to the population.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.
Explanation
Historically, marine fisheries provided the largest share of India’s total fish production. However, recent decades have seen a significant structural shift. Inland fisheries, which include freshwater aquaculture, have grown exponentially and now surpass marine catches. Today, inland fisheries contribute more than seventy percent of the total fish production, reflecting the high potential of pond and reservoir-based farming in rural areas.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.
Explanation
The Blue Revolution does not focus exclusively on deep-sea marine environments; in fact, it places immense emphasis on inland fisheries and aquaculture. While marine resources are important, inland aquaculture has experienced the most rapid growth in recent years. This is because inland farming is highly suitable for integration with existing agricultural activities in rural areas, providing farmers with additional income.Explanation
The Yellow Revolution in Indian agriculture refers to the focused effort to achieve self-reliance in the production of oilseeds. Launched in the late 1980s, this initiative aimed to increase the output of crops like mustard, groundnut, and soybean to meet the growing domestic demand for edible oils and reduce the country’s heavy reliance on expensive imports from international markets.Answer key for these questions
| Q | Correct 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.