List of top Economics Questions

Read the following statements carefully: Statement 1: Under the colonial rule, basic infrastructure (like railways, post and telegraph, etc.) was developed.
Statement 2: The real motive behind the infrastructural development in India was to strengthen the British interests. Choose the correct alternative from the following:

Study the following chart carefully and analyze the changing trends in the government expenditure on:
Transport
Rural Development

Financial assistance by the Government of USA for promoting girl education in India.

Money serves as a measure of standard of deferred payments.

Complete the following table. Construct/Express the Consumption function at \( Y < 200 \) crore level of income. \[ \begin{array}{|c|c|c|c|} \hline \textbf{Income (Y)} & \textbf{Savings (in Rs. crore)} & \textbf{APC} & \textbf{MPS} \\ \textbf{(in Rs. crore)} & & & \\ \hline 0 & -30 & - & - \\ 100 & \text{…….} & 1 & \text{…….} \\ 200 & \text{…….} & 0.85 & \text{…….} \\ 300 & \text{…….} & 0.8 & \text{…….} \\ \hline \end{array} \]

On the basis of the data given below for an imaginary economy, estimate the value of Net Domestic Product at Factor Cost (NDP_{fc}): \[ \begin{array}{|c|l|c|} \hline \textbf{S.No.} & \textbf{Items} & \textbf{Amount (in Rs. Cr.)} \\ \hline & \text{Gross Domestic Fixed Capital Formation} & 200 \\ & \text{Exports} & 50 \\ & \text{Government Final Consumption Expenditure} & 320 \\ & \text{Consumption of Fixed Capital} & 35 \\ & \text{Household Final Consumption Expenditure} & 470 \\ & \text{Inventory Investment (Net)} & -40 \\ & \text{Imports} & 60 \\ & \text{Net Indirect Taxes} & 50 \\ & \text{Net Factor Income from Abroad} & 20 \\ \hline \end{array} \]

Find the missing figures and choose the correct alternative: \[ \begin{array}{|c|c|c|c|} \hline \textbf{Round} & \textbf{Deposits} & \textbf{Loans (80\%)} & \textbf{Reserve Ratio (20\%)} \\ \hline I & 5000 & 4000 & \text{....} \\ II & 4000 & \text{....} & 800 \\ \vdots & \vdots & \vdots & \vdots \\ \text{Total} & \text{....} & \text{....} & 5000 \\ \hline \end{array} \]

Identify the incorrect feature(s) of money supply (\( M_1 \)) from the following:
It is measured at a point of time.
It does not include stock of money held by the government.
It is always the currency in the hands of the Central Bank of a nation.

Explain any two functions performed by the Central Pollution Control Board (CPCB).

“Every coin has two sides - debate over farm subsidies is one such classic example of the same.” Justify the given statement with two arguments each in favour of and against the continuation of the farm subsidies.

State any two concerns owing to which the Central Pollution Control Board (CPCB) was established.

State the importance of “Growth with equity” as the objective of Indian economic planning.

Elaborate any two strategies to ensure sustainable development as adopted by India.

Elaborate the need to promote women’s education in India.

Explain the consequences of the one-child policy adopted by China in the 1970s.

“In the current situation, Information Technology plays a vital role in achieving food security in a nation like India.” Justify the given statement.

Discuss the impacts of Special Economic Zones (SEZs) on the economic growth of China.

State any two problems faced by farmers during the initial years of organic farming.

“Despite the implementation of Green Revolution, 65 per cent of India’s population continued to be engaged in the agriculture sector till the 1990s.” Justify the given statement with valid explanation.

Elaborate the reasons owing to which the private sector was regulated under the Industrial Policy Resolution, 1956.