Indian Economy and Planning

2 practice questions on Indian Economy and Planning for TSPSC Group II, with answers

Shishya's practice questions, written with AI. Each answer was checked by an automated second pass, not by a person.

1. 1.Which of the following is NOT a component of India's Gross Domestic Product (GDP) calculation using the expenditure method?

   • (A)Private Consumption Expenditure
   • (B)Government Consumption Expenditure
   • (C)Net Exports (Exports minus Imports)
   • (D)Fiscal Deficit of the Government
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   Answer: (D) Fiscal Deficit of the Government

   Solution: The expenditure method of GDP calculation includes Private Consumption, Government Consumption, Gross Investment, and Net Exports. Fiscal Deficit is a measure of government borrowing and is not a component of GDP calculation.

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2. 2.The term 'Green Revolution' in India primarily refers to:

   • (A)Large-scale afforestation programs undertaken in the 1970s
   • (B)Significant increase in agricultural production through high-yielding variety seeds
   • (C)Promotion of organic farming across rural India
   • (D)Development of renewable energy sources in agriculture
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   Answer: (B) Significant increase in agricultural production through high-yielding variety seeds

   Solution: The Green Revolution in India, which began in the mid-1960s, refers to the dramatic increase in agricultural production, especially wheat and rice, achieved through the introduction of high-yielding variety (HYV) seeds, chemical fertilizers, and improved irrigation.

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