Health Economics MCQ — 2 Practice Questions with Answers

Practice 2 Health Economics multiple-choice questions with detailed answers and explanations. Ideal for RAS/RPSC exam preparation.

2 Questions Economy

Q1. At the 22nd CII Annual Health Summit on 11 November 2025, Commerce Minister Piyush Goyal said GST on health and life insurance has been reduced from 18% to which rate?

A 12 per cent

B 5 per cent

C 0 per cent Correct

D 3 per cent

Explanation

According to the PIB release, Minister Piyush Goyal stated at the 22nd CII Annual Health Summit on 11 November 2025 that GST on health and life insurance has been reduced from 18 per cent to 0 per cent, alongside lower duties on medical devices and cancer-care drugs.

Q2. According to Minister Piyush Goyal's address at the 22nd CII Annual Health Summit, which of the following statements about India's medical education and healthcare access is correct?

A India has 7 AIIMS and 706 medical colleges today

B Ayushman Bharat covers only people above 70 years of age

C Jan Aushadhi Kendras are under 5,000 in number

D AIIMS count grew from 7 in 2014 to 23, and medical colleges from 387 to 706 Correct

Explanation

Goyal said that when the current government took office in 2014, India had 7 AIIMS and 387 medical colleges. Today the country has 23 AIIMS and 706 medical colleges, with Jan Aushadhi Kendras crossing 10,000 and Ayushman Bharat covering around 700 million eligible citizens.

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Frequently Asked Questions

How many Health Economics MCQ questions are available?

There are 2 Health Economics practice MCQs available on Aspirant Academy, with detailed answers and explanations for each question.

Are answers and explanations provided for Health Economics MCQs?

Yes, every Health Economics question comes with the correct answer and a detailed explanation to help you understand the underlying concept.

How is Health Economics relevant to the RAS/RPSC exam?

Health Economics falls under the Economy section of the RAS/RPSC syllabus. It is a frequently tested area and regular practice with these MCQs will strengthen your preparation.

Can I practice Health Economics questions in Hindi?

Yes, Aspirant Academy offers bilingual support. You can practice Health Economics MCQs in both English and Hindi, including questions, options, and explanations.

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Health Economics MCQ — 2 Practice Questions with Answers

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