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 811–820 of 848 questions
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Explanation
PM-DAKSH is a national action plan for skilling marginalized groups, including Scheduled Castes and Other Backward Classes, to enhance their employability. It is not primarily focused on senior citizens. Conversely, the SACRED and SAGE portals, along with Rashtriya Vayoshri Yojana, are specifically designed to provide employment, elderly care products, and physical aids to the elderly, ensuring their social and economic well-being.I. Mid-Day Meal Scheme (National Programme of Nutritional Support to Primary Education)
II. Integrated Child Development Services (ICDS)
III. Poshan Abhiyan (National Nutrition Mission)
IV. Beti Bachao Beti Padhao
Explanation
The evolution of child welfare in India began with the Integrated Child Development Services in 1975, followed by the Mid-Day Meal Scheme in 1995 to improve school nutrition. Later, the Beti Bachao Beti Padhao initiative was launched in 2015 to protect the girl child. Finally, the Poshan Abhiyan was introduced in 2018 as a comprehensive mission to eradicate malnutrition across the country.Explanation
The Pradhan Mantri Ujjwala Yojana aims to safeguard the health of women and children by providing clean cooking fuel through LPG connections. By replacing traditional fuels like firewood and coal, the scheme reduces indoor air pollution and respiratory illnesses. It empowers women by saving their time and improving their quality of life, particularly for those living in households below the poverty line.I. Employees’ Provident Fund Organisation (EPFO)
II. Employees’ State Insurance Corporation (ESIC)
III. Atal Pension Yojana (APY)
IV. Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM)
V. Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)
Which of the combination represents schemes primarily providing old age pension or post-retirement financial security directly to unorganized sector workers?
Explanation
The Atal Pension Yojana and Pradhan Mantri Shram Yogi Maan-dhan are key social security schemes designed to provide post-retirement financial security to workers in the unorganized sector. These schemes offer guaranteed monthly pensions to subscribers after they reach sixty years of age. Unlike MGNREGA or ESIC, these initiatives focus specifically on voluntary contributions and government co-contributions to build a dedicated retirement corpus.Explanation
Padho Pardesh gives an interest subsidy on loans for overseas studies for minority students. The other schemes are described with the wrong purposes.Explanation
Denotified Tribes are the communities that were notified as criminal tribes under the Criminal Tribes Act of 1871 and were denotified after independence.Explanation
Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana is a completely government-funded scheme, and beneficiaries are not required to pay any annual premium to maintain their health cover. It provides five lakh rupees per family annually for secondary and tertiary care. Beneficiary identification is primarily based on the Socio-Economic Caste Census 2011 data, ensuring that the most vulnerable populations receive medical treatment.I. It guarantees equality of opportunity for all citizens in matters relating to employment under the State.
II. It permits the State to make provisions for the reservation of appointments in favor of any backward class of citizens.
III. It explicitly prohibits reservation in promotions for all categories of employees.
Which of the combination of statements given above is incorrect?
Explanation
Article 16 of the Constitution guarantees equality of opportunity in public employment but also enables the State to provide reservations for backward classes. Crucially, Clause 4A specifically permits the State to provide reservations in matters of promotion for Scheduled Castes and Scheduled Tribes. Therefore, stating that the article explicitly prohibits reservations in promotions for all categories is legally incorrect under the current constitutional framework.Statement I: The Poona Pact of 1932 resulted in the abandonment of separate electorates for the depressed classes in favor of reserved seats within the general Hindu electorate.
Statement II: The Communal Award of 1932 was strictly opposed by Dr. B.R. Ambedkar as it denied representation to the depressed classes.
Which of the following is correct?
Explanation
The Poona Pact of 1932 was a significant agreement between Mahatma Gandhi and Dr. B.R. Ambedkar. It led to the rejection of separate electorates for depressed classes in favor of reserved seats within the general electorate. While Ambedkar initially supported the Communal Award for providing separate representation, Gandhi’s opposition led to the compromise. This event was pivotal in shaping India’s reservation policies.Answer key for these questions
| Q | Correct answer |
|---|---|
| 811 | (d) To empower rural women by facilitating community participation and access to various government schemes |
| 812 | (c) PM-DAKSH Yojana |
| 813 | (d) II, I, IV, III |
| 814 | (a) To protect the health of women and children by providing clean cooking fuel via LPG connections |
| 815 | (b) III and IV |
| 816 | (b) Padho Pardesh - Interest subsidy on loans for overseas studies |
| 817 | (a) Notified as "criminal tribes" under the Criminal Tribes Act of 1871 |
| 818 | (d) The scheme requires beneficiaries to pay an annual premium of Rs. 1000 to maintain the health cover. |
| 819 | (c) III only |
| 820 | (c) Statement I is true but Statement II is false |
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.