Current Economic Reports MCQs for RAS
Practice 20 free current economic reports multiple choice questions for RAS exam. Instant answers with explanations in Hindi and English.
Strengthen your Current Economic Reports knowledge for RAS with our free curated MCQ set. Every question follows real Rajasthan exam patterns. Switch between Hindi and English, and practice daily to build confidence before the exam.
RAS — Current Economic Reports
20 Questions • Instant results & explanations • Hindi & English
0 / 20
Question 1 of 20
Budget me dikhai gayi 'macroeconomic balancing act' ka kya matlab hai, jise global rating agencies ne kaafi pasand kiya hai?
Question 2 of 20
Given below are two statements, one labeled as Assertion (A) and the other as Reason (R): Assertion (A): The structural transition to the new tax regime is expected to cause significant initial operational friction for established business accounting departments. Reason (R): Software systems and compliance professionals are deeply accustomed to the legacy Financial Year/Assessment Year dynamic and the utilization of Form 16. In the context of the above two statements, which one of the following is correct?
Question 3 of 20
How many chapters and sections constitute the structural framework of the Income Tax Act, 2025?
Question 4 of 20
Which of the following statements is INCORRECT regarding the initiatives taken for Startups and Innovation?
Question 5 of 20
Which specific tax rate is now uniformly applied to remittances made for BOTH education and medical purposes under the Liberalized Remittance Scheme (LRS)?
Question 6 of 20
Evaluate the following statements regarding the state's renewable energy achievements and targets: 1. The state's installed wind energy capacity stands precisely at 4,416.12 MW. 2. The Integrated Clean Energy Policy 2024 sets a massive solar generation target of 90 GW by 2030. 3. The overarching 125 GW target by 2030 is exclusively designated for wind and hybrid energy. Which of the statements given above are correct?
Question 7 of 20
The state economy holds a prominent position on the national stage. Among all Indian states, what is its current rank based strictly on the absolute size of its GSDP?
Question 8 of 20
Consider the following statements regarding the implementation of the new Form 124: 1. It is introduced to simplify the disclosure process while expanding the scope of data collected upfront. 2. It explicitly allows families to continue casual tax planning by splitting rental incomes unconditionally. 3. It subjects related-party rent transactions to intense scrutiny to prevent revenue leakage. Which of the statements given above is/are correct?
Question 9 of 20
The Union Budget 2026-27 acknowledges the escalating economic impacts of climate-induced vulnerabilities, specifically highlighting the events of which year?
Question 10 of 20
Given below are two statements: Statement I: The financial allocation for Water Supply is strictly greater than the financial allocation for Agriculture & Allied activities. Statement II: Both Water Supply and Agriculture & Allied activities are categorized structurally under Social Services. Choose the correct option:
Question 11 of 20
Assertion (A): The TReDS reform mandates the platform as the transaction settlement medium for all Central Public Sector Enterprise (CPSE) purchases from MSMEs. Reason (R): This mandate guarantees that large public entities systematically honor MSME invoices, thereby reducing the risk of working capital starvation. Choose the correct code:
Question 12 of 20
The 'High Level Committee on Banking for Viksit Bharat' has been established to review the financial sector primarily to align it with which of the following?
Question 13 of 20
Match List I (Vulnerability/Gap) with List II (Specific Cause/Data Point) and choose the correct code: List I A. Urban Governance Deficit B. Persistent External Dependence C. High-Tech Innovation Gap D. Systemic Shock Risk List II 1. Stagnant R&D expenditure at 0.64% of GDP 2. Mayors lack true fiscal and executive power 3. Over-reliance on imported crude oil and critical minerals 4. Potential bursting of the global AI investment bubble
Question 14 of 20
Which of the following cities is NOT included in the designated list of medical college locations where state-of-the-art rest houses (Vishram Grah) will be constructed at a total cost of ₹500 crore?
Question 15 of 20
Consider the following statements regarding the structural composition of India's Current Account: 1. A high Current Account Deficit generally indicates robust economic self-reliance and invulnerability. 2. The massive outflow of foreign exchange due to the merchandise import bill is primarily caused by importing oil and electronics. 3. The overarching deficit is successfully suppressed to minimal levels by a colossal surplus generated specifically by IT services exports and inward diaspora remittances. Which of the statements given above is/are correct?
Question 16 of 20
A fiscal deficit of 4.3% of the GSDP indicates heavy government borrowing. In Rajasthan, this heavy expenditure is primarily driven by capital expenditure (capex) on which of the following?
Question 17 of 20
Under the 'Committed Expenditure' parameters, what is the exact sum dedicated to Interest Payments by the state?
Question 18 of 20
Assertion (A): High-value manufacturing functions as a 'disciplining system' for a nation's state capacity. Reason (R): It imposes hard constraints on the State, demanding world-class ports, uninterrupted power, and frictionless customs.
Question 19 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 20 of 20