UPSC Prelims 2023 · GS Paper I
Economy questions from UPSC 2023
Review every Economy question in the 2023 paper with its answer and study explanation, then launch the same set under timed exam conditions.
Topic distribution
All 2023 Economy questions
Open any question for the full options, answer, explanation, and syllabus metadata.
Question 1 · Agriculture Economics
Consider the following statements : 1. The Government of India provides Minimum Support Price for niger (Guizotia abyssinica) seeds. 2. Niger is cultivated as a Kharif crop. 3. Some tribal p...
Question 2 · Monetary Policy
Consider the following statements : Statement-I : In the post-pandemic recent past, many Central Banks worldwide had carried out interest rate hikes. Statement-II : Central Banks generally a...
Question 3 · Business & Accounting Concepts
Consider the investments in the following assets : 1. Brand recognition 2. Inventory 3. Intellectual property 4. Mailing list of clients How many of the above are considered intangible inves...
Question 4 · Fiscal Federalism
Consider the following : 1. Demographic performance 2. Forest and ecology 3. Governance reforms 4. Stable government 5. Tax and fiscal efforts For the horizontal tax devolution, the Fifteent...
Question 5 · Money and Banking
With reference to Central Bank digital currencies, consider the following statements : 1. It is possible to make payments in a digital currency without using US dollar or SWIFT system. 2. A...
Question 6 · International Trade & Reserves
Consider the following statements : Statement-I : Switzerland is one of the leading exporters of gold in terms of value. Statement-II : Switzerland has the second largest gold reserves in th...
Question 7 · Financial Instruments
Consider the following statements : Statement-I : Interest income from the deposits in Infrastructure Investment Trusts (InvITs) distributed to their investors is exempted from tax, but the...
Question 8 · Financial Markets
Consider the following markets : 1. Government Bond Market 2. Call Money Market 3. Treasury Bill Market 4. Stock Market How many of the above are included in capital markets?
Question 9 · Financial Inclusion & Rural Development
Consider the following statements : 1. The Self-Help Group (SHG) programme was originally initiated by the State Bank of India by providing microcredit to the financially deprived. 2. In an...
Question 10 · Agriculture Economics
Which one of the following best describes the concept of 'Small Farmer Large Field'?
Question 11 · International Economic Organizations/Agreements
Consider the following statements : The 'Stability and Growth Pact' of the European Union is a treaty that 1. limits the levels of the budgetary deficit of the countries of the European Unio...
Question 12 · Financial Markets & Investment
In the context of finance, the term 'beta' refers to
Question 13 · Monetary Policy
Which one of the following activities of the Reserve Bank of India is considered to be part of 'sterilization'?
Question 14 · Industrial Sector
Consider the following statements with reference to India : 1. According to the 'Micro, Small and Medium Enterprises Development (MSMED) Act, 2006', the 'medium enterprises' are those with i...
Question 15 · International Trade & Industrial Policy
Consider the following statements : Statement-I : India accounts for 3.2% of global export of goods. Statement-II : Many local companies and some foreign companies operating in India have ta...