General Knowledge Questions on Economic Survey: Check 10+ Simple Questions With Answers

GK Test Economic Survey: Do you think you know economic surveys? Try this test! Test your understanding of Indian economic surveys through this fascinating GK test! Covering key opinions, trends, and policies, this test will challenge your understanding of national economic performance, growth forecast and financial strategy. Whether you are a student, an ambitious person or an economic enthusiast, these MCQs will help you understand important concepts and government policies. Take a test now to see your true understanding of the Indian economic survey!

This economic survey is a highly anticipated annual document released by the Indian government, which has comprehensively analyzed the country’s economic performance in the past year and provided views on future growth prospects. It is a key policy guide for economic planning and proposed the day before the budget of the parliament.

On January 31, 2025, Treasury Minister Nirmala Sitharaman will unveil the economic survey of 2024-25. The survey will overview key trends, challenges and suggestions to shape India’s financial and economic policies in India Essence

Before understanding the main highlights of this year’s economic survey, let’s test our knowledge through this test and complete. This test will help you understand the important concepts and key themes that usually have in economic surveys.

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1. Who proposed the Indian economic survey?

A) Prime Minister) Minister of Finance) Chief Economic Consultant) RBI Governor

Answer: b) Minister of Finance

Note: The Minister of Finance proposed the economic survey of the parliament, but was prepared by the chief economic adviser.

2. When is the economic survey?

a) One week before the budget of the union) was the one month before the budget before the budget)

Answer: D) The day before the union budget

Note: The economic survey was traditionally released the day before the union budget to provide economic overview.

3. What are the main concern of economic surveys?

a) Government policy alone B) Future tax policy) India’s economic performance and appearance) International Trade Agreement

Answer: C) India’s economic performance and prospects

Note: It reviews the past economic performance and put forward future economic policies.

4. Which organization helps to prepare economic surveys?

a) FINANCEB) RBIC) NITI AAYOGD) SEBI

Answer: A) The Ministry of Finance

Note: The Ministry of Finance’s Economic Affairs Department prepared for the survey through the opinions of the chief economic adviser.

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5. How many volumes of economic surveys?

a) Oneb) 2) 3) 3

Answer: B) Two two

Note: It is usually composed of two volumes: one analysis economic trend and another analytical policy.

6. What is the role of the chief economic adviser in economic survey?

a) Print Report B) Drafted and introduced the investigation) to collect taxes) Approval budget

Answer: b) Drafting and introducing the investigation

Note: Preparation for leadership economic surveys of the Chief Economic Consultant (CEA).

7. In the economic survey in 2025, what is the expected GDP growth forecast?

A) 6-7 % b) 5-6 % C) 7-8 % d) No announcement yet

Answer: A) 6-7 % explanation: According to reports, GDP forecasts between 6-7 %.

8. Which international agency data is often cited during the survey?

a) IMFB) FIFAC) who) ICC

Answer: A) IMF

Note: The economic data of the International Monetary Fund (IMF) is often cited.

9. Why is economic survey important?

a) It shaped public opinion) It guides the government’s decision C) It notified investors) above all

Answer: D) All above

Note: The investigation is very valuable for policy makers, enterprises and the public.

10. Which chapter focuses on agricultural and rural development in the economic survey?