TSPSC Group I · General Studies
Economic Development
Indian Economy, Economic Planning, Budget, Banking, Finance, Agricultural and Industrial Development
Test yourself on Economic Development
5 real TSPSC Group I questions with instant answers — no signup, ~3 minutes.
Study notes are still being prepared.
Don't wait — Shishya can teach you this topic right now, on demand.
Ask Shishya to teach this →Need more? Ask Shishya
Shishya is your personal tutor for this topic. Pick a starter or open a free chat.
- Go deeper on this topicGo deeper on Economic Development for TSPSC Group I — examples and edge cases I should know.
- Show me exam shortcutsGive me 3 fastest shortcuts to solve Economic Development questions in the exam.
- What mistakes should I avoid?What are the most common mistakes students make on Economic Development? How do I avoid them?
- Quiz me adaptivelyQuiz me on Economic Development — start with one easy question, then go harder based on how I answer.
Practice this topic
Take a full mock →Q1 · Economic Development · EASY
In the context of inclusive economic growth, what does the term 'financial inclusion' primarily aim to achieve?
Q2 · Economic Development · MEDIUM
Which of the following committees recommended the adoption of a Fiscal Responsibility and Budget Management (FRBM) framework in India?
Q3 · Economic Development · MEDIUM
Which of the following statements regarding India's Goods and Services Tax (GST) is/are correct? 1. GST is a destination-based tax levied on the consumption of goods and services. 2. Petroleum products are currently included under the GST regime. 3. The GST Council is a constitutional body. Select the correct answer using the codes given below:
Q4 · Economic Development · HARD
Consider the following statements about the Fiscal Responsibility and Budget Management (FRBM) Act: 1. It mandates the elimination of revenue deficit and reduction of fiscal deficit. 2. The Act provides for annual targets to be set by the Finance Minister. 3. The FRBM Review Committee recommended a debt-to-GDP ratio of 60% for the general government by 2023. Which of the statements given above is/are correct?
Q5 · Agriculture, Industry and Services Sector · MEDIUM
Which of the following is NOT a characteristic of rainfed/dryland agriculture?