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UPSC Economy Previous Year Questions

Economy questions in UPSC Prelims cover fiscal policy, RBI & monetary policy, banking, inflation, and economic survey highlights. 10–14 economy PYQs per year — solve them all here.

48 questions found

Topics in Economy

Alternative Investment Funds (AIFs)Reserve Bank of India (RBI) IncomeBusiness Responsibility and Sustainability Report (BRSR)Agricultural Income and TaxationCritical Minerals and Mining PolicyBonds vs. StocksIndian Stock Market and Options TradingCircular EconomyGovernment Budget - Capital ReceiptsGovernment Budget Deficits15th Finance Commission RecommendationsInternational Bank for Reconstruction and Development (IBRD)RTGS and NEFTUPI International AcceptancePetroleum and Natural Gas Regulatory Board (PNGRB)Public Finance (Debt, Fiat Currency)Banking and Finance (Syndicated Loans)Digital Currency (CBDC)Trade Policy (GM Foods)International Economy/Geography (Venezuela)Government Schemes (Land Reforms)Financial Markets and InstitutionsGovernment Securities and Corporate BondsFinancial InstrumentsSectors of EconomyPhysical Capital in EconomyForeign Banks Regulations (RBI)Corporate Social Responsibility (CSR)Money Market Instruments (CBLO)Energy Sector - Electricity ProductionReading Comprehension - Logical InferenceIndian PortsAgriculture - India vs ChinaMineral Resources - CobaltInfrastructure Investment Trusts (InvITs) and TaxationMonetary Policy and InflationMonetary Policy Tools (Sterilization)Capital Markets vs. Money MarketsAgricultural Models (Small Farmer Large Field)Agricultural Crops and MSPIntangible Assets/InvestmentsInternational Trade and Resources (Gold)International Trade and Industrial Policy (PLI Scheme)MSME Classification and Priority Sector LendingCentral Bank Digital Currencies (CBDC)Financial Market Terminology (Beta)Self-Help Groups (SHGs)

2025(16 questions)

Q31. With reference to investments, consider the following: I. Bonds II. Hedge Funds III. Stocks IV. Venture Capital How many...

Alternative Investment Funds (AIFs)

B

Q32. Which of the following are the sources of income for the Reserve Bank of India? I. Buying and selling Government bonds I...

Reserve Bank of India (RBI) Income

D

Q34. Consider the following statements: I. The Reserve Bank of India mandates all the listed companies in India to submit a B...

Business Responsibility and Sustainability Report (BRSR)

B

Q35. Consider the following statements: Statement I: In India, income from allied agricultural activities like poultry farmin...

Agricultural Income and Taxation

D

Q36. Consider the following statements: I. India has joined the Minerals Security Partnership as a member. II. India is a res...

Critical Minerals and Mining Policy

C

Q37. Consider the following statements: Statement I: As regards returns from an investment in a company, generally, bondholde...

Bonds vs. Stocks

A

Q38. Consider the following statements: I. India accounts for a very large portion of all equity option contracts traded glob...

Indian Stock Market and Options Trading

A

Q39. Consider the following statements: Statement I: Circular economy reduces the emissions of greenhouse gases. Statement II...

Circular Economy

A

Q40. Consider the following statements: I. Capital receipts create a liability or cause a reduction in the assets of the Gove...

Government Budget - Capital Receipts

A

Q71. Suppose the revenue expenditure is Rs.80,000 crores and the revenue receipts of the Government are Rs.60,000 crores. The...

Government Budget Deficits

D

Q75. A country's fiscal deficit stands at Rs.50,000 crores. It is receiving Rs.10,000 crores through non-debt creating capita...

Government Budget Deficits

A

Q76. Which of the following statements with regard to recommendations of the 15th Finance Commission of India are correct? I....

15th Finance Commission Recommendations

C

Q77. Consider the following statements in respect of the International Bank for Reconstruction and Development (IBRD) : I. It...

International Bank for Reconstruction and Development (IBRD)

C

Q78. Consider the following statements in respect of RTGS and NEFT : I. In RTGS, the settlement time is instantaneous while i...

RTGS and NEFT

A

Q79. Consider the following countries : I. United Arab Emirates III. France III. Germany IV. Singapore V. Bangladesh How many...

UPI International Acceptance

B

Q90. Consider the following activities : I. Production of crude oil II. Refining, storage and distribution of petroleum III. ...

Petroleum and Natural Gas Regulatory Board (PNGRB)

B

2024(14 questions)

Q31. Consider the following statements : Statement-I : If the United States of America (USA) were to default on its debt, hol...

Public Finance (Debt, Fiat Currency)

A

Q32. Consider the following statements : Statement-I : Syndicated lending spreads the risk of borrower default across multipl...

Banking and Finance (Syndicated Loans)

C

Q33. Consider the following statements in respect of the digital rupee: 1. It is a sovereign currency issued by the Reserve B...

Digital Currency (CBDC)

D

Q42. Consider the following statements : Statement-I : India does not import apples from the United States of America. Statem...

Trade Policy (GM Foods)

D

Q47. Consider the following statements : Statement-I : Recently, Venezuela has achieved a rapid recovery from its economic cr...

International Economy/Geography (Venezuela)

D

Q48. With reference to the Digital India Land Records Modernisation Programme, consider the following statements : 1. To impl...

Government Schemes (Land Reforms)

D

Q82. Consider the following statements: 1. In India, Non- Banking Financial Companies can access the Liquidity Adjustment Fac...

Financial Markets and Institutions

D

Q83. In India, which of the following can trade in Corporate Bonds and Government Securities? 1. Insurance Companies 2. Pensi...

Government Securities and Corporate Bonds

D

Q84. Consider the following: 1. Exchange-Traded Funds (ETF) 2. Motor vehicles 3. Currency swap Which of the above is/are cons...

Financial Instruments

D

Q85. With reference to the sectors of the Indian economy, consider the following pairs: Economic activity Sector 1. Storage o...

Sectors of Economy

C

Q87. With reference to physical capital in Indian economy, consider the following pairs: Items Category 1. Farmer's plough Wo...

Physical Capital in Economy

B

Q89. With reference to the rule/rules imposed by the Reserve Bank of India while treating foreign banks, consider the followi...

Foreign Banks Regulations (RBI)

B

Q90. With reference to Corporate Social Responsibility (CSR) rules in India, consider the following statements: 1. CSR rules ...

Corporate Social Responsibility (CSR)

A

Q100. With reference to the Indian economy, "Collateral Borrowing and Lending Obligations are the instruments of:...

Money Market Instruments (CBLO)

C

2023(18 questions)

Q6. Consider the following statements: Statement-I: India, despite having uranium deposits, depends on coal for most of its ...

Energy Sector - Electricity Production

C

Q12. Which of the following statements best reflects the logical inference from the passage given above?...

Reading Comprehension - Logical Inference

B

Q17. Consider the following pairs: Port Well known as 1. Kamarajar Port : First major port in India registered as a company 2...

Indian Ports

B

Q19. Consider the following statements: 1. India has more arable area than China. 2. The proportion of irrigated area is more...

Agriculture - India vs China

B

Q22. About three-fourths of world's cobalt, a metal required for the manufacture of batteries for electric motor vehicles, is...

Mineral Resources - Cobalt

C

Q41. Consider the following statements: Statement-I: Interest income from the deposits in Infrastructure Investment Trusts (I...

Infrastructure Investment Trusts (InvITs) and Taxation

D

Q42. Consider the following statements: Statement-I: In the post-pandemic recent past, many Central Banks worldwide had carri...

Monetary Policy and Inflation

A

Q44. Which one of the following activities of the Reserve Bank of India is considered to be part of 'sterilization'?...

Monetary Policy Tools (Sterilization)

A

Q45. Consider the following markets: 1. Government Bond Market 2. Call Money Market 3. Treasury Bill Market 4. Stock Market H...

Capital Markets vs. Money Markets

B

Q46. Which one of the following best describes the concept of 'Small Farmer Large Field'?...

Agricultural Models (Small Farmer Large Field)

B

Q47. Consider the following statements: 1. The Government of India provides Minimum Support Price for niger (Guizotia abyssin...

Agricultural Crops and MSP

C

Q48. Consider the investments in the following assets: 1. Brand recognition 2. Inventory 3. Intellectual property 4. Mailing ...

Intangible Assets/Investments

C

Q66. Consider the following Statements : Statement-I Switzerland is one of the leading exporters of gold in terms of value. S...

International Trade and Resources (Gold)

C

Q68. Consider the following statements : Statement-I : India accounts for 3.2% of global export of goods. Statement-II : Many...

International Trade and Industrial Policy (PLI Scheme)

D

Q91. Consider the following statements with reference to India: 1. According to the 'Micro Small and Medium enterprises Devel...

MSME Classification and Priority Sector Lending

D

Q92. With reference to Central Bank digital currencies, consider the following statements : 1. It is possible to make payment...

Central Bank Digital Currencies (CBDC)

C

Q93. In the context of finance, the term 'beta' refers to...

Financial Market Terminology (Beta)

D

Q94. Consider the following statements : 1. The Self-Help Group (SHG) programme was originally initiated by the State Bank of...

Self-Help Groups (SHGs)

B

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