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4392 Previous Year Questions • 2016–2026 • Prelims, Mains, Essay, Optionals

Topic:[GS-III] Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.69 PYQs
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Prelims - Paper 1 (GS)

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2026PrelimsPaper 1 (GS)Q.87
An e-commerce revenue model where the seller has control over pricing but doesn't keep products in stock and instead transfers customer orders and shipment details to a third-party supplier, who then ships the goods directly to the customer, is called:
Economy
2026PrelimsPaper 1 (GS)Q.93

Which of the following statements about M1xchange's role in Micro, Small & Medium Enterprises (MSMEs) financing is/are correct?

1
M1xchange provides collateral based loans to MSMEs.
2
M1xchange facilitates discounting of invoices and Bills of Exchange for MSMEs.
3
M1xchange functions as a credit rating agency for MSMEs.
Indian Economy
2026PrelimsPaper 1 (GS)Q.97

Which of the following statements about Crowdfunding is/are correct?

1
Crowdfunding is solicitation of funds (small amount) from multiple investors through a web-based platform or social networking site for a specific project.
2
Small and Medium Enterprises (SMEs) are able to raise funds at lower cost of capital without undergoing rigorous procedures.
Economy
2026PrelimsPaper 1 (GS)Q.99

Consider the following statements about the Non-Banking Financial Companies (NBFCs) in India:

1
NBFCs cannot accept demand deposits.
2
All the NBFCs operating in India have to be registered with the RBI.
3
NBFCs form part of the payment and settlement system and can issue cheque drawn on itself.
4
Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation (DICGC) is not available to the depositors of deposit taking NBFCs.
Economy
2025PrelimsPaper 1 (GS)Q.2
Which of the following are the sources of income for the Reserve Bank of India? I. Buying and selling Government bonds II. Buying and selling foreign currency III. Pension fund management IV. Lending to private companies V. Printing and distributing currency notes Select the correct answer using the code given below.
Indian Economy
2025PrelimsPaper 1 (GS)Q.5

Consider the following statements :

Statement I
In India, income from allied agricultural activities like poultry farming and wool rearing in rural areas is exempted from any tax.
Statement II
In India, rural agricultural land is not considered a capital asset under the provisions of the Income-tax Act, 1961.

Which one of the following is correct in respect of the above statements?

Economics
2024PrelimsPaper 1 (GS)Q.26
Which one of the following is the correct description of "100 Million Farmers"?
Economy
2024PrelimsPaper 1 (GS)Q.40
With reference to the Indian economy, "Collateral Borrowing and Lending Obligations" are the instruments of:
Indian Economy
2024PrelimsPaper 1 (GS)Q.49

With reference to the rule/rules imposed by the Reserve Bank of India while treating foreign banks, consider the following statements:

1
There is no minimum capital requirement for wholly owned banking subsidiaries in India.
2
For wholly owned banking subsidiaries in India, at least 50% of the board members should be Indian nationals.
Indian Economy
2023PrelimsPaper 1 (GS)Q.21

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 dividend is taxable.
Statement-II
InvITs are recognized as borrowers under the 'Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002'.

Which one of the following is correct in respect of the above statements?

Indian Economy
2023PrelimsPaper 1 (GS)Q.22

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 assume that they have the ability to counteract the rising consumer prices via monetary policy means.

Which one of the following is correct in respect of the above statements?

Indian Economy
2023PrelimsPaper 1 (GS)Q.24
Which one of the following activities of the Reserve Bank of India is considered to be part of 'sterilization'?
Indian Economy
2023PrelimsPaper 1 (GS)Q.25

Consider the following markets :

1
Government Bond Market
2
Call Money Market
3
Treasury Bill Market
4
Stock Market
Indian Economy
2023PrelimsPaper 1 (GS)Q.29

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 Fifteenth Finance Commission used how many of the above as criteria other than population area and income distance?
Economy

Mains - GS-III

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Mains - GS-II

1 shown