PYQUPSC
Civil Services Prep
Prelims•UPSC Civil Services Examination

Indian Economy

Explore previous year questions, practice with self-assessments, and review explanations.

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2026Growth and Inflation
Question 1

Which is an example of a direct tax?

4 options
2026Agriculture
Question 2

What does financial inclusion aim to improve?

4 options
2026Banking
Question 3

Which is counted as capital expenditure by government?

4 options
2025Growth and Inflation
Question 4

GDP at constant prices is primarily used to measure what?

4 options
2025Banking
Question 5

What is a non-performing asset in banking generally associated with?

4 options
2024Banking
Question 6

The current account of the balance of payments includes which item?

4 options
2024Public Finance
Question 7

The Goods and Services Tax is primarily what type of tax?

4 options
2024Public Finance
Question 8

Which index tracks retail inflation in India?

4 options
2023Public Finance
Question 9

Which institution is responsible for monetary policy in India?

4 options
2023Public Finance
Question 10

Minimum Support Price is announced to support which sector?

4 options
2023Agriculture
Question 11

A demographic dividend can arise when a country has what?

4 options
2023Agriculture
Question 12

Which of the following is a public good in the standard economic sense?

4 options
2022Inclusive Growth
Question 13

A rise in the repo rate generally makes bank borrowing what, other things equal?

4 options
2022Inclusive Growth
Question 14

Which measure is commonly used to assess income inequality?

4 options
2021Agriculture
Question 15

Fiscal deficit is broadly the excess of total expenditure over which amount?

4 options
2021Growth and Inflation
Question 16

Open market operations by the RBI involve buying or selling what?

4 options
2020Banking
Question 17

Inflation means a sustained increase in what?

4 options
2020Growth and Inflation
Question 18

A depreciation of the rupee means the rupee buys what amount of foreign currency?

4 options
2020Inclusive Growth
Question 19

Which body regulates India's securities market?

4 options
2020Inclusive Growth
Question 20

A trade deficit occurs when imports of goods exceed what?

4 options