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.
Q471. Match the Crop Categories under PMFBY listed in List I with the Farmer’s Premium Rates in List II and select the correct answer using the options given below: List I: (Crop Categories) A. Kharif Food & Oilseed Crops B. Rabi Food & Oilseed Crops C. Annual Commercial Crops D. Annual Horticultural Crops List II: (Premium Rates) i. 5% ii. 2% iii. 1.5% iv. 5%
Explanation
Under PMFBY, premium rates are categorized by the type of crop. Kharif food and oilseed crops carry a two percent premium rate for farmers. Rabi food and oilseeds are set at one and a half percent. Both annual commercial crops and annual horticultural crops have a higher premium rate of five percent, reflecting their higher value and risk profiles.
Q472. Read the following statements regarding the Pradhan Mantri Fasal Bima Yojana (PMFBY) and select the correct answer from the options given below: Statement I: At the time of its launch in 2016, PMFBY was mandatory for farmers who had taken institutional crop loans (loanee farmers). Statement II: In 2020, the Government of India made PMFBY voluntary for all farmers, including loanee farmers.
Explanation
When the Pradhan Mantri Fasal Bima Yojana was initially launched in 2016, it was mandatory for all farmers who had taken institutional crop loans. However, in a significant policy shift in 2020, the government made the scheme voluntary for all farmers, including those with bank loans. This change was intended to give farmers more flexibility in managing their risks and financial choices.
Q473. Consider the following yield losses due to non-preventable risks covered under the Pradhan Mantri Fasal Bima Yojana (PMFBY): I. Natural fire and lightning. II. Pests and diseases. III. Inundation and cyclone. Which of the above statement(s) is/are correct?
Explanation
PMFBY provides coverage against a wide range of non-preventable risks that can lead to yield losses. These include natural fires and lightning, as well as damage caused by pests and diseases. Furthermore, the scheme covers losses resulting from inundation, cyclones, and other severe weather events. This comprehensive coverage is intended to provide financial stability to farmers facing unpredictable natural calamities.
Q474. The Soil Health Card (SHC) Scheme was inaugurated in 2015 by the Prime Minister at which location in Rajasthan?
Explanation
The Soil Health Card scheme was officially inaugurated by the Prime Minister in 2015 at Suratgarh, located in the Sri Ganganagar district of Rajasthan. The scheme’s launch in this agriculturally significant region emphasized the government’s commitment to promoting scientific farming practices and improving soil fertility through regular testing and the balanced use of nutrients nationwide.
Q475. A standard Soil Health Card assesses the status of soil based on how many distinct parameters?
Explanation
A standard Soil Health Card is a comprehensive document that provides an assessment of soil quality based on twelve distinct parameters. These parameters include major nutrients, secondary nutrients, micronutrients, and physical properties like pH and electrical conductivity. This detailed information allows farmers to understand the exact nutritional status of their soil and apply fertilizers more precisely.
Q476. Which of the following statements regarding the Soil Health Card scheme is incorrect?
Explanation
The Soil Health Card scheme aims to promote sustainable agriculture by providing crop-specific fertilizer recommendations. It helps farmers reduce costs by preventing the over-use of urea. Importantly, the card does not just test for macro-nutrients like Nitrogen, Phosphorus, and Potassium; it also includes secondary nutrients, micronutrients, and vital physical parameters such as soil pH and organic carbon levels.
Q477. What is considered the most critical, direct benefit of implementing the Soil Health Card scheme on a nationwide scale?
Explanation
The most critical and direct benefit of the Soil Health Card scheme is its role in promoting the balanced and scientific use of chemical fertilizers. By identifying exact nutrient deficiencies in the soil, the card discourages the traditional practice of indiscriminate fertilizer application. This leads to healthier soil, improved crop yields, and reduced environmental pollution from excessive chemical runoff.
Q478. Consider the following parameters tested under the Soil Health Card scheme: I. Macro-nutrients (N, P, K) II. Secondary nutrient (Sulphur) III. Micro-nutrients (Zn, Fe, Cu, Mn, Bo) IV. Physical parameters (pH, EC, Organic Carbon) Which of the above statement(s) indicating parameters included in the soil test report is/are correct?
Explanation
The soil test report provided under the Soil Health Card scheme covers a wide array of indicators. This includes macro-nutrients like N, P, and K, and the secondary nutrient Sulphur. It also assesses several micro-nutrients, including Zinc, Iron, and Copper. Finally, it measures crucial physical parameters such as pH, electrical conductivity, and organic carbon, providing a holistic view of soil health.
Q479. According to the Agriculture Census (2015- 16), what is the average size of operational landholdings in India, reflecting the severe challenge of fragmentation?
Explanation
According to the 2015-16 Agriculture Census, the average size of operational landholdings in India has declined to approximately 1.08 hectares. This trend reflects the severe challenge of land fragmentation due to inheritance laws and population pressure. Small and fragmented holdings make it difficult for farmers to achieve economies of scale and adopt modern, mechanized farming practices.
Q480. Which of the following is an immediate consequence of climate change on Indian agriculture, severely impacting states like Rajasthan?
Explanation
Climate change poses a severe threat to Indian agriculture, especially through increased temperature variability. An immediate and damaging consequence is heat stress, particularly the terminal heat effect on Rabi crops like wheat. High temperatures during the grain-filling stage can significantly reduce crop duration and yields, presenting a major challenge for farmers in states like Rajasthan.
Answer key for these questions
Q
Correct answer
471
(a) A-ii, B-iii, C-i, D-iv
472
(a) Both Statement I and Statement II are true.
473
(d) I, II and III
474
(d) Suratgarh
475
(c) 12
476
(c) It only tests for macro-nutrients (NPK) and completely ignores physical parameters like pH and electrical conductivity.
477
(d) Promoting the balanced use of chemical fertilizers based on exact soil deficiencies.
478
(d) I, II, III and IV
479
(b) 1.08 hectares
480
(b) Heat stress leading to terminal heat effect and reduced yield in rabi crops like wheat.
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.
