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India Economic Survey (Latest) MCQs for CET 12th Level

Practice 20 free India Economic Survey (Latest) questions under Current Economic Reports — Economy.

Strengthen your India Economic Survey (Latest) knowledge for CET 12th Level with curated MCQs. Switch between Hindi and English anytime.

CET 12th Level — Current Economic Reports — India Economic Survey (Latest)

20 Questions • Instant results & explanations • Hindi & English

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Question 1 of 20

Assertion (A): The MSME sector in India struggles to integrate into the high-tech supply chains being established by mega-corporations. Reason (R): MSMEs face a severe working capital deficit due to stringent bank collateral requirements and delayed corporate payments.

Question 2 of 20

Match List-I (Economic Policy Action) with List-II (Intended Macroeconomic Outcome): List-I A. Cutting the Repo Rate B. Reducing Cash Reserve Ratio (CRR) C. Enacting the IBC D. Increasing Public Capex List-II 1. Resolves corporate insolvency and clears bank bad debts 2. Lowers borrowing costs to stimulate aggregate demand 3. Crowds in private investment via multiplier effects 4. Injects durable, long-term liquidity into the banking system Codes:

Question 3 of 20

What is the real Gross Value Added (GVA) growth recorded by the services sector in the first half of FY26?

Question 4 of 20

Consider the following statements: 1. The current Fiscal Deficit is 4.4% of GDP. 2. The previous Unemployment Rate was 5.1% before dropping to 3.2%. 3. Female LFPR dropped from 41.7% to 37.0%. Which of the statements given above are correct?

Question 5 of 20

Which of the following describes the strategic transition of the nation's global positioning as outlined in the final evaluation?

Question 6 of 20

Assertion (A): India cannot rely on the services sector alone to solve its demographic employment challenge. Reason (R): High-end services like IT and AI are highly skill-intensive and heavily automated, thus lacking mass labor absorption capacity.

Question 7 of 20

The "Nowcasting" model employs a combination of which of the following sophisticated econometric tools?

Question 8 of 20

What is the primary rationale behind the government's pivot from rigid short-term deficit targets to a medium-term fiscal anchor of 50% debt-to-GDP by 2031?

Question 9 of 20

What happens when a nation decides to aggressively scale up 'backward GVC participation' despite facing initially high import bills?

Question 10 of 20

Consider the following statements regarding the 'Entropy Effect': 1. It leads to severe systemic fragility and energy insecurity. 2. It is observed in economies that ensure adequate baseload storage before transitioning. Which of the statements given above is/are correct?

Question 11 of 20

According to the paradigm shift in poverty reduction strategies, which policy mechanism proved significantly more effective than leaky, indirect subsidies?

Question 12 of 20

Given below are two statements, one labelled as Assertion (A) and the other as Reason (R): Assertion (A): The State can independently achieve maximum administrative capacity and developmental success without relying on non-governmental entities. Reason (R): The private sector and citizens are merely passive beneficiaries of state capacity, playing no active role in its creation. Select the correct answer using the codes given below:

Question 13 of 20

Assertion (A): Achieving 'Strategic Indispensability' in the global economy requires a nation to operate as an isolated, self-sufficient manufacturing hub with zero imports. Reason (R): 'Backward GVC participation' actively mandates the strategic importing of intermediate components from the global market.

Question 14 of 20

To foster an environment capable of structuring sophisticated markets and driving innovation, an upgraded State bureaucracy must be able to learn systematically from experimentation without the paralyzing fear of:

Question 15 of 20

What is the direct consequence on a savings-deficient emerging economy when 'global liquidity tightening' occurs?

Question 16 of 20

Consider the following statements regarding the transition from traditional cereal cultivation to diversified crops: 1. It aims to simultaneously reduce the nation's external import bills. 2. It inherently increases the ecological stress on rapidly depleting groundwater tables. 3. It relies on direct financial incentives to preserve farmer incomes during the shift. Which of the statements given above are correct?

Question 17 of 20

Which specific components are identified as the mechanisms to aggressively expand the absolute limits of the growth frontier?

Question 18 of 20

Match List-I (Agricultural Metric/Category) with List-II (Corresponding Data/Status) and select the correct answer using the codes given below: List-I A. Horticulture Production B. Total Foodgrain Production C. Livestock Sub-sector D. Fisheries Sub-sector List-II 1. 7.1% phenomenal growth rate 2. Reached an output of 357.7 MT 3. 8.8% exceptional growth rate 4. Surpassed foodgrains, reaching 362 MT

Question 19 of 20

Identify the incorrect statement regarding the mechanics of Global Value Chains (GVCs) and industrial strategy:

Question 20 of 20

Assertion (A): Central Government's capital expenditure inherently limits the growth of the private sector. Reason (R): High public capex efficiently crowds in private investment through a macroeconomic multiplier effect.

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