List of top Economics Questions

“The enforcement of land ceiling laws in India faced numerous challenges which restricted their success.”

Do you agree with the given statement ? Give a valid explanation in support of your answer.

Explain the main objectives and impacts of trade and investment policy reforms of 1991 in India.

As the Disinvestment Commission has observed, “the essence of a long-term disinvestment strategy should be not only to enhance budgetary receipts, but also minimise budgetary support towards unprofitable units. Also, it must ensure the long-term viability and sustainable levels of employment in such units.”

Identify the sector, whose disinvestment is being referred to in the statement.

Answer the following questions on the basis of the above image :

Discuss any two reasons behind this pattern.

As the Disinvestment Commission has observed, “the essence of a long-term disinvestment strategy should be not only to enhance budgetary receipts, but also minimise budgetary support towards unprofitable units. Also, it must ensure the long-term viability and sustainable levels of employment in such units.”

Justify this disinvestment strategy adopted by the Indian Government.

Answer the following questions on the basis of the above image :

Which category of workers enjoys a greater proportion of the total workforce in both rural and urban areas ?

Identify the example of a casual worker from the following :

(Choose the correct option)

“India is striving for higher rates of economic growth, but this often comes at the cost of environmental degradation.”

In the light of the above statement, discuss any one strategy by which India can achieve a balance between economic growth and sustainable development.

“India and Pakistan followed similar developmental strategies for their own development paths.”

Do you agree with the given statement ? Justify your answer with a relevant explanation.

“Higher productivity has performed an economic miracle in China. Chinese productivity increased at an annual rate of 3.9% during 1979 – 94, compared to 1.1% during 1953 – 78. By the early 1990s, output growth exceeded 50%. Such explosive growth in productivity is remarkable.”

In the light of the given text and common understanding related to economics, discuss the most likely reasons behind this growth of productivity in China during 1979 – 94.

From the set of terms given in Column I and the corresponding facts given in Column II, choose the correct pair :

“Human capital formation through education and health is central to the process of development of a country.”

Do you agree with this statement ? Justify your answer with a valid explanation.

Identify the limitation of organic farming from the following :

(Choose the correct option)

Raghav is a factory owner with 50 workers. He laid off 5 workers and noticed that the total factory output remained the same. This situation will most likely be described as __________ employment.

(Choose the correct option to fill in the blank)

According to Herman Daly (an environmental economist), to achieve sustainable development __________ .

(Choose the correct option to fill in the blank)

The expenditure by the Indian government on education is expressed as a percentage of __________ .

(Choose the correct option to fill in the blank)

(i) Gross Domestic Product (GDP)

(ii) Total Government Expenditure

(iii) Total State Expenditure

Identify the correct statement from the following :

(Choose the correct option)

In a hypothetical country, if the worker-population ratio is 30 and total number of workers is 1500, its total population will be __________ .

(Choose the correct option to fill in the blank)

Indian producers were protected against foreign competition which did not give them the incentive to improve the quality of goods that they produced. Identify the policy referred to :

(Choose the correct option)

Read the following statements carefully :

Statement I : Prasanta Chandra Mahalanobis is known as the architect of Indian planning.

Statement II : The Industrial Policy Resolution of 1948 was adopted to ensure that the state takes the dominating status in the economy.

In the light of the given statements, choose the correct option from the following :

In a hypothetical economy, whenever the income increases, savings of the households increase by 20%. Their consumption expenditure which is independent of the level of income is ₹ 200 crore. The autonomous investment expenditure is ₹ 100 crore. Calculate the Equilibrium level of Income.

The exchange rate of the US dollar to the Indian rupee has fluctuated between a high of ₹ 88.325 on September 5, 2025 and a low of ₹ 87.899 on September 2, 2025.

In the light of these exchange rate movements, analyse the likely impact on the exports and imports of India, assuming all other factors constant.

The Central Bank announced that it will conduct auctions of government securities (G-Sec) for a total of ₹ 80,000 crore through open market operations.

In the light of the information given above, analyse the likely impact of such open market operations of the Central Bank on the aggregate demand of the Indian economy.

Explain any one fiscal measure which the government of the nation can initiate to curtail the situation of inflationary gap in the economy.

“Suppose, in an economy, a given rise in investment expenditure results in a five-fold increase in National Income.”

Calculate the rise in the investment expenditure if the change in income was ₹ 2,000 crore.