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Economy

Predicted Questions with Model Answers

Economic Indicators: SDP, Per Capita Income, Inclusive Growth, Viksit Rajasthan 2047, SDGs

Paper I · Unit 2 Section 13 of 14 0 PYQs 40 min
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Predicted Questions with Model Answers

Q1 (5 marks — 50 words)

What is Rajasthan's GSDP at current prices in 2024-25 and how does its real growth rate compare with the national average?

Model Answer (EN): Rajasthan's GSDP at current prices reached ₹17.04 lakh crore in 2024-25, growing 12.02% over ₹15.22 lakh crore in 2023-24. At constant (2011-12) prices, real GSDP grew 7.82%, surpassing the national real GDP growth of 6.4%. Rajasthan contributes 5.26% to India's nominal GDP in 2024-25.

Q2 (5 marks — 50 words)

How has Rajasthan's Multidimensional Poverty Index (MPI) changed between NFHS-4 and NFHS-5?

Model Answer (EN): Rajasthan's MPI fell from 28.86% (NFHS-4, 2015-16) to 15.31% (NFHS-5, 2019-21) — a 47% reduction. This outperforms Bihar (33.76%) and UP (22.93%) but lags Kerala (0.55%). MPI measures deprivation across health, education, and living standards, reflecting inclusive growth beyond mere income metrics.

Q3 (5 marks — 50 words)

What is the Viksit Rajasthan 2047 vision and what were the outcomes of the Rising Rajasthan Global Investment Summit 2024?

Model Answer (EN): Viksit Rajasthan 2047 targets a $350 billion economy by 2029 through 10 Sankalps covering renewable energy, infrastructure, agriculture, tourism, and industry. Rising Rajasthan Summit (December 2024, Jaipur) attracted ₹35 lakh crore MoUs from 5,000+ delegates and launched RIPS 2024 as the policy investment framework.

Q4 (5 marks — 50 words)

What is Rajasthan's SDG composite score in the India Index 2023-24 and which goal did it achieve a perfect score on?

Model Answer (EN): Rajasthan's SDG composite score improved from 60 (2020-21) to 67 (2023-24), moving from Performer to Front-Runner category. It achieved a perfect score of 100 on SDG 7 (Affordable and Clean Energy), reflecting solar leadership. However, SDG 10 (Reduced Inequalities) remains weak at 49.

Q5 (10 marks — 150 words)

Critically examine Rajasthan's per capita income in 2024-25. What structural factors explain the gap with the national average and what is the convergence trend?

Model Answer (EN): Rajasthan's per capita income (PCI) at current prices reached ₹1,85,053 in 2024-25 — an 11.04% increase — yet remains ₹15,109 below the national average of ₹2,00,162. At constant prices, PCI stands at ₹96,638.

Structural factors behind the gap include: (1) Agrarian dependence — agriculture contributes 26.92% of GSVA but employs ~50% of the workforce, implying low labour productivity; (2) Human capital deficits — female literacy at 52.1% (Census 2011) limits workforce participation; (3) Regional concentration — economic activity clusters around Jaipur (GDDP ₹2,12,335 crore) and Alwar (PCI ₹2,40,808), while arid western districts lag; (4) Historically high IMR (41 per 1,000 live births per NFHS-5) reducing productive workforce.

Convergence signals are positive: Rajasthan's PCI growth (11.04%) exceeds the national rate (8.7%), indicating closing of the gap. Viksit Rajasthan's $350 billion target by 2029 and Rising Rajasthan ₹35 lakh crore MoUs are expected to accelerate this convergence through industrial and service sector growth.

Q6 (10 marks — 150 words)

Evaluate Rajasthan's progress on Sustainable Development Goals (SDGs). Identify specific goals where the state excels and where challenges persist.

Model Answer (EN): Rajasthan's SDG composite score rose from 60 (2020-21) to 67 (2023-24) in the SDGs India Index 4.0, compiled by NITI Aayog on 113 indicators across 16 goals, moving the state from Performer to Front-Runner status. India's composite score is 71.

Areas of excellence: SDG 7 (Affordable and Clean Energy) — perfect score of 100, driven by Rajasthan's leadership in solar and wind energy; SDG 1 (No Poverty) — score of 82, reflecting MPI reduction from 28.86% to 15.31%. The RAM Jal Setu project and DBT covering 5.71 crore beneficiaries (₹3.14 lakh crore) strengthen SDG 1 and 6.

Persistent challenges: SDG 10 (Reduced Inequalities) scored only 49, reflecting district-level disparities; SDG 5 (Gender Equality) remains weak due to 52.1% female literacy; SDG 6 (Clean Water) scored 60 against national score of 89.

Institutional mechanism: Planning Department is the SDG nodal body; DES Centre for SDGs (est. 2017) monitors 330 state-level indicators. Viksit Rajasthan 2047 aligns all 10 Sankalps to SDG outcomes.