MCQ
General Knowledge MCQ - Practice Questions with Answers
Solve 16 General Knowledge questions for RAS/RPSC preparation.
Practice questions
Q1For FY 2024-25, official Commerce data reported merchandise exports of about US$437.42 billion and merchandise imports of about US$720.24 billion. What was the broad result for merchandise trade?
A trade deficit occurs when imports are greater than exports. Since merchandise imports in FY 2024-25 were about US$720.24 billion and merchandise exports about US$437.42 billion, the merchandise account showed a deficit of roughly US$282.83 billion.
Q2The Economic Survey 2024-25 stated that the services sector's contribution to total GVA rose from 50.6% in FY14 to about 55% in FY25. Which interpretation is correct?
A rise from 50.6% to about 55% means services increased their weight in total GVA. It supports the standard description of India as an economy where services form the largest and steadily important broad sector.
Q3Which statement best describes the role of agriculture in India as highlighted in the Economic Survey 2023-24?
The Economic Survey 2023-24 noted that agriculture provides livelihood support to about 42.3% of the population and had an 18.2% share in GDP at current prices. This makes agriculture socially vital even though services dominate value added.
Q4Who is the ex officio chairperson of Niti Aayog?
NITI Aayog's official organisational structure lists the Prime Minister as its Chairperson. Thus, the ex officio chairperson is the Prime Minister, making option C correct.
Q5Operation Swarn, announced in September 2017, is related to which of the following sectors?
Project Swarn was launched by the Ministry of Railways to improve the passenger experience in Rajdhani and Shatabdi trains. Since it was a railway upgradation project, option A is correct.
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More questions
6According to the Economic Survey 2023-24, which sector had the largest share in India's overall GVA at current prices in FY24?
7India's total exports reached a record US$824.9 billion in FY 2024-25. Which component was a major driver of this record according to official releases?
8Which is the largest Tungsten producing country in the world ?
9According to the Department of Commerce Annual Report 2024-25, which set correctly lists the top three destinations for India's exports during April-November 2024?
10In India's services exports, the Economic Survey 2024-25 highlighted a strong global position in Telecommunications, Computer and Information Services. Which statement is correct?
11What is the current Repo Rate in India, as per the announcements made by Reserve Bank of India in June 2018 ?
12What is the share of service sector in India's gross value added in year 2017-18 ?
13The effect of increase in repo rate is тАФ
14In the Economic Survey 2024-25 summary, the estimated real GVA growth rates for FY25 were 3.8% for agriculture, 6.2% for industry and 7.2% for services. What does this indicate?
15What was the period of Eleventh Five Year Plan of India ?