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Macro Overview & State Budget MCQ - Practice Questions with Answers

Solve 329 Macro Overview & State Budget questions for RAS/RPSC preparation.

Practice questions

Q1What is the GSDP of Rajasthan at constant (2011-12) prices for 2024-25?

A ₹8.41 lakh crore
B ₹7.79 lakh crore
C ₹10 lakh crore
D ₹9.06 lakh crore
Explanation

The GSDP at constant (2011-12) prices for 2024-25 is expected to reach ₹9.06 lakh crore, showing growth of 7.82%.

Q2What was Rajasthan's interest payment in 2023-24?

A ₹25,000 crore
B ₹15,000 crore
C ₹50,000 crore
D ₹34,128 crore
Explanation

16.79% of revenue receipts.

Q3Consider the following statements about district domestic product in Rajasthan: 1. Jaipur had the highest GDDP at current prices in 2023-24. 2. Alwar followed Jaipur with GDDP of Rs 1,19,820 crore. 3. Bhilwara's GDDP at current prices was Rs 76,716 crore in 2023-24. 4. Bhilwara's GDDP growth rate in 2023-24 was 10.83%. Which of the statements given above are correct?

A 1, 2 and 3 only
B 1 and 4 only
C 2 and 3 only
D 1, 2, 3 and 4
Explanation

Statement 1 is correct because Jaipur is listed as the highest GDDP district. Statement 2 is correct because Alwar is given next with Rs 1,19,820 crore. Statement 3 is correct because Bhilwara's 2023-24 GDDP was Rs 76,716 crore. Statement 4 is incorrect because Bhilwara's growth rate was 13.69%, not 10.83%.

Q4According to the Rajasthan Economic Review 2024-25, what was Rajasthan's Gross Fixed Capital Formation (GFCF) in the construction sector in 2023-24?

A ₹2,05,780 crore
B ₹1,00,000 crore
C ₹3,00,000 crore
D ₹50,000 crore
Explanation

Largest component.

Q5What is the fiscal deficit to GSDP ratio for Rajasthan in 2023-24?

A 3.76%
B 4.03%
C 5.83%
D 4.31%
Explanation

The fiscal deficit to GSDP ratio was 4.31% in 2023-24.

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6Consider the following statements about Rajasthan's receipts and development expenditure in 2023-24: 1. Revenue receipts increased by 4.25% over the previous year. 2. Own tax revenue grew by 7.72%, with SGST growing by 12.50% over the previous year. 3. During 2023-24, 75.49% of total expenditure was met from capital receipts and borrowed funds. 4. Developmental expenditure was Rs 1,91,190 crore, equal to 71.0% of total expenditure. Which of the statements given above are correct?

A1 and 3 only
B1, 2 and 4 only
C2, 3 and 4 only
D1, 2, 3 and 4

7At the Asian Seed Congress 2025 in Mumbai on 17 November 2025, Union Minister Shivraj Singh Chouhan said that two rice varieties developed using Genome Editing will increase productivity by what percentage, while using less water and reducing carbon emissions?

A5 to 10 per cent
B10 to 15 per cent
C45 to 60 per cent
D19 to 40 per cent

8Deposits growth Rajasthan:

A8%
B15%
C5%
D11.36%

9Consider the following statements about deficit concepts used in Rajasthan's budget: 1. Revenue deficit is the excess of revenue expenditure over revenue receipts. 2. Primary deficit is obtained by subtracting interest payments from fiscal deficit. 3. Capital outlay is expenditure on day-to-day office running and administration. Which of the statements given above are correct?

A1 only
B1 and 2 only
C2 and 3 only
DNone of the above

10CM Bhajan Lal Sharma emphasized the Rising Rajasthan Partnership Conclave as key to realizing which vision?

ADigital Rajasthan by 2030
BDeveloped Rajasthan by 2047
CSelf-reliant Rajasthan by 2035
DGreen Rajasthan by 2040

11Consider the following statements about social services and developmental expenditure in Rajasthan's 2023-24 public finance: 1. Social services expenditure was Rs 1,01,884 crore. 2. Social services formed 42.06 per cent of total revenue expenditure. 3. Developmental expenditure comprises expenditure on economic and social services. 4. Social services formed 24.06 per cent of total revenue expenditure. Which of the statements given above are correct?

AAll four
B1 and 4 only
C2 and 3 only
D1, 2 and 3

12Rajasthan's GSDP at current prices for 2024-25 (Advance Estimate) was:

A₹15,21,510 crore
B₹17,04,339 crore
C₹13,56,480 crore
D₹19,00,000 crore

13What is the target economy that Rajasthan aims to achieve by 2029?

A$350 Billion
B$150 Billion
C$200 Billion
D$500 Billion

14Consider the following statements about Rajasthan's 2023-24 public finance: 1. Revenue receipts grew by 4.25% to Rs 2,03,276 crore in 2023-24. 2. During 2023-24, 75.49% of total expenditure was met from revenue receipts. 3. Development expenditure was 51% of total expenditure in 2023-24. Which of the statements given above are correct?

A1 and 3 only
B1 and 2 only
C2 and 3 only
D1, 2 and 3

15Consider the following statements about Rajasthan's fiscal indicators for 2023-24: 1. Revenue expenditure was Rs 2,42,231 crore. 2. Revenue receipts were Rs 2,03,276 crore and showed 4.25% growth over the previous year. 3. The revenue deficit was Rs 38,955 crore against a Revised Estimate of Rs 30,072 crore. 4. Fiscal liabilities at the end of 2023-24 were 29.45% of GSDP. Which of the statements given above are correct?

A1 and 4 only
B1, 2 and 3 only
C2 and 4 only
D1, 2, 3 and 4

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