# National Income and Gross Domestic Product – Old Year Questions

1. The term National Income represents:

(a) Gross National Product at market prices minus depreciation
(b) Gross National Product at market prices minus depreciation plus net factor income from abroad
(c) Gross National Product at market prices minus depreciation and indirect taxes plus subsidies
(d) Gross National Product at market prices minus net factor income from abroad

[I.A.S. (Pre) 2001]

2. National Income is :

(a) Net National Product at market prices
(b) Net National Product at factor cost
(c) Net Domestic Product at market prices
(d) Net Domestic Product at factor cost

[I.A.S. (Pre) 1997]

3. The Net National Product at Market Price (N.N.P.MP) is :

(a) Gross National Product at Market Price – Net Income from abroad
(b) Gross National Product at Market Price – Transfer Payments
(c) Gross National Product at Market Price – Depreciation
(d) Gross National Product at Market Price – Subsidies

[R.A.S./ R.T.S. (Pre) 2021]

4. The National income of a country for a given period is equal to the :

(a) total value of goods and service produced by the nationals
(b) sum of total consumption and investment expenditure
(c) sum of personal income of all individuals
(d) money value of final goods and services produced

[I.A.S. (Pre) 2013]

5. In an open economy, the national income (Y) of the economy is:
(C, I, G, X, and M stand for Consumption, Investment, Govt. Expenditure, total exports and total imports respectively)

(a) Y = C + I + G +X
(b) Y = C + I + G – X + M
(c) Y = C + I + G + (X – M)
(d) Y = C + I – G + X – M

[I.A.S. (Pre) 2000]

6. Which of the following is not a method to calculate the Gross Domestic Product (GDP)?

(a) Product method
(b) Diminishing cost method
(c) Income method
(d) Expenditure method
(e) None of the above / More than one of the above

[66th B.P.S.C. (Pre) (Re-Exam) 2020]

7. Net National Product (NNP) and Gross National Product (GNP) are –

(a) Value measures of the National production
(b) Valuation of National Product at factor cost
(c) Value measures of Exports
(d) Both are different

[Uttarakhand P.C.S. (Pre) 2010]

8. ‘Base year’ in National Income accounting means :

(a) The year whose income is being used to calculate the nominal GDP
(b) The year whose prices are being used to calculate the nominal GDP
(c) The year whose prices are being used to calculate the real GDP
(d) The year whose income is being used to calculate the real GDP

[R.A.S./ R.T.S. (Pre) 2021]

9. One of the problems in calculating National Income in India is :

(a) underemployment
(b) inflation
(c) low level of savings
(d) non-organized sector
(e) None of the above / More than one of the above

10. Read the following statements and choose the correct option :
Statement I: Net Domestic Product = Gross Domestic Product + Depreciation.
Statement II: Per Capita Income = Net Domestic Product/ Total Population of the Nation.
Statement III: Net Domestic Product is the better metrics than Gross Domestic Product for comparing the economies of the world.

(a) Statement I, II and III all are true
(b) Only Statement I and II are true
(c) Only Statement II and III are true
(d) None of the above options is true

[Chhattisgarh P.C.S. (Pre) 2020]

11. If over a given period of time, both prices and monetary income have been doubled, the real income will be –

(a) parallel increase of the slope
(b) good 1 intercept increase
(c) Unchanged
(d) Prices do not affect real income

[U.P.P.C.S. (Mains) 2004]

12. Theoretically, if economic growth is conceptualized, which one of the following is not usually taken into consideration?

(a) Growth in Gross Domestic Product (GDP)
(b) Growth in financial aid from World Bank
(c) Growth in Gross National Product (GNP)
(d) Growth in Per Capita Gross National Product

[Jharkhand P.C.S. (Pre) 2013]

13. Consider the following statements about Amartya Sen’s advices regarding priorities for Indian Economy :
1. It should be commodity-oriented
2. It should be people-oriented
3. Economic security to the poorest of the poor
4. Safeguards against integration of these with world
economy
Select the correct answer using the code given below:

(a) 1, 2 and 3 are correct
(b) 2, 3 and 4 are correct
(c) 1, 3 and 4 are correct
(d) 1, 2 and 4 are correct

[U.P.P.C.S. (Pre) 1999]

14. The view that ‘Planning in India should, in future, pay more attention to the people than to commodities’ was given by :

(a) Amartya Sen
(b) Yashwant Sinha
(d) Manmohan Singh

[U.P. Lower Sub. (Spl.) (Pre) 2004]

15. The Hindu rate of growth refers to the growth rate of:

(a) Per Capita Income
(b) National Income
(c) Population
(d) Literacy

[U.P.P.C.S. (Pre) 1996, 2006, U.P.P.C.S. (Mains) 2004]

16. Hindu growth rate is related to :

(a) Money
(b) GDP
(c) Population
(d) GNP
(e) None of the above/More than one of the above

[65th B.P.S.C. (Pre) 2019]

17. Economic growth is usually coupled with :

(a) Deflation
(b) Inflation
(c) Stagflation
(d) Hyper-inflation

[I.A.S. (Pre) 2011]

18. The proportion of labour in GNP (Gross National Product) becomes low due to the following reason :

(a) Prices lag behind wages
(b) Profit lags behind prices
(c) Prices lag behind Profit
(d) Wages lag behind prices

[U.P.P.C.S. (Mains) 2008]

19. Match List I with List II and select the correct answer using the codes given below the lists.

 List- I List-II A. Economic Development 1. Gross Domestic Product B. Economic growth 2. Environment C. Sustainable Development 3. Health D. Quality of life 4. Constructive change

Code :
A B C D

(a) 1 2 3 4
(b) 4 2 3 1
(c) 3 4 1 2
(d) 4 1 2 3

[U.P. U.D.A./L.D.A. (Spl.) (Mains) 2010]

20. With reference to Indian economy, consider the following statements :
1. The Gross Domestic Product (GDP) has increased by four times in the last 10 years.
2. The percentage share of Public Sector in GDP has declined in the last 10 years.
Which of the statements given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

[I.A.S. (Pre) 2010]

21. In the context of Indian economy, consider the following pairs:
(Term) (Most appropriate description)
1. Melt down Fall in stock prices
2. Recession Fall in growth rate
3. Slow down Fall in GDP
Which of the pairs given above is/are correctly matched?

(a) 1 only
(b) 2 and 3
(c) 1 and 3
(d) 1, 2 and 3

[I.A.S. (Pre) 2010]

22. Given below are two statements :
Assertion (A): The Indian economic policy is increasingly being criticized by insiders as well as outsiders.
Reason (R): The criticism is largely based on ideological differences.
Select the correct answer from the codes given below :

(a) Both A and R are true and R is the correct explanation of A.
(b) Both A and R are true, but R is NOT the correct explanation of A.
(c) A is true, but R is false.
(d) A is false, but R is true.

[Uttarakhand P.C.S. (Pre) 2002]

23. What was the main strategy of the new economic policy adopted in 1991?

(a) Liberalization
(b) Privatization
(c) Globalization
(d) All of the above

[U.P.P.C.S. (Mains) 2015]

24. Economic liberalization in India started with:

(a) substantial changes in industrial licensing policy
(b) the convertibility of Indian rupee
(c) doing away with procedural formalities for foreign direct investment
(d) significant reduction in tax rates

[I.A.S. (Pre) 2000]

25. Which one of the following is correct regarding stabilization and structural adjustment as two components of the new economic policy adopted in India?

(c) Stabilization and structural adjustment are very similar and complementary policies. It is difficult to separate one from the other
(d) Stabilization mainly deals with a set of policies which are to be implemented by the Central Government while structural adjustment is to be set in motion by the State Governments.

[I.A.S. (Pre) 1996]

26. Who is called the pioneer of liberalization of the Indian Economy?

(a) Dr. Manmohan Singh
(b) P.V. Narsimha Rao
(c) Dr. Bimal Jalan
(d) P. Chidambaram

[M.P.P.C.S. (Pre) 2008]

27. One of the reasons for India’s occupational structure remaining more or less the same over the years has been that:

(a) investment pattern has been directed towards capital-intensive industries
(b) productivity in agriculture has been high enough to induce people to stay with agriculture
(c) ceiling on land holdings has enabled more people to own land and hence their preference to stay with agriculture
(d) people are largely unaware of the significance of the transition from agriculture to industry for economic development

[I.A.S. (Pre) 1995]

28. Which among the following is NOT a major factor of economic growth?

(a) Accumulation of capital and reforms in technology
(b) Change in population
(c) Division of labour in specialised activities
(d) Technocrats and Bureaucrats

[U.P.P.C.S. (Pre) 2021]

29. The most appropriate measure of a country’s economic growth is its –

(a) Gross Domestic Product (GDP)
(b) Net Domestic Product (NDP)
(c) Net National Product (NNP)
(d) Per Capita Product (PCP)

[U.P.P.C.S. (Pre) 2013, U.P. Lower Sub. (Pre) 2013, Chhattisgarh P.C.S. (Pre) 2015, I.A.S. (Pre) 2001]

30. The standard of living in a country is represented by :

(a) Poverty Ratio
(b) Per Capita Income
(c) National Income
(d) Unemployment Rate

[U.P.P.C.S. (Mains) 2013]

31. The growth rate of Per Capita Income at current prices is higher than that of Per Capita Income at constant prices, because the latter takes into account the rate of:

(a) growth of population
(b) increase in price level
(c) growth of money supply
(d) increase in the wage rate

[I.A.S. (Pre) 2000]

32. That the Per Capita Income in India was Rs. 20 in 1867-68, was ascertained for the first time by :

(b) Sir W. Hunter
(c) R.C. Dutta

[I.A.S. (Pre) 2000, U.P.P.C.S. (Pre) 2007, U.P.P.C.S. (Mains) 2013]

33. Who was the chairman of the National Income Committee appointed by the Government of India in 1949?

(a) C.R. Rao
(b) P.C. Mahalanobis
(c) V. K. R.V. Rao
(d) K. N. Raj

[U.P.P.C.S. (Mains) 2015]

34. The economist who for the first time scientifically determined National Income in India :

(b) V.K.R.V. Rao
(c) Manmohan Singh
(d) Y.V. Alagh
(e) None of the above/More than one of the above

[60th to 62nd B.P.S.C. (Pre) 2016]

35. In the gone by decade of the 90s the highest rate of growth of GDP was obtained in which of the following years:

(a) 1993-94
(b) 1995-96
(c) 1996-97
(d) 1999-2000

[U.P.P.C.S. (Pre) 2002, U.P. Lower Sub. (Spl.) (Pre) 2002, 2003]

36. Indian Economy has witnessed highest growth rate in the year :

(a) 2003-04
(b) 2004-05
(c) 2005-06
(d) 2006-07

[U.P.P.C.S. (Pre) 2008, U.P.R.O./A.R.O. (Mains) 2013]

37. Which of the following offices or institutes releases data of the National Income in India?

(a) NSSO
(b) NITI Aayog
(c) CSO
(d) Prime Minister’s Office
(e) None of the above / More than one of the above

[66th B.P.S.C. (Pre) (Re-Exam) 2020]

38. In India National Income is estimated by –

(a) Planning Commission
(b) Central Statistical Organisation
(c) Indian Statistical Organisation
(d) National Sample Survey Organisation

[U.P.P.C.S. (Pre) 1995, 2006, U.P.P.C.S. (Mains) 2006, Uttarakhand P.C.S. (Pre) 2010]

39. The National Income of India is estimated by :

(a) National Sample Survey Organisation
(b) Ministry of Finance
(c) Reserve Bank of India
(d) Central Statistical Organisation

[U.P.P.C.S. (Mains) 2012]

40. In India, National Income is computed by which of the following?

(a) Planning Commission
(b) Ministry of Finance
(c) Central Statistical Organisation
(d) Reserve Bank of India

[M.P.P.C.S. (Pre) 2012, U.P. P.C.S. (Pre) 1995, Jharkhand P. C.S. (Pre) 2003, U.P. Lower Sub. (Pre) 2004, U.P. P.C.S. (Mains) 2008, 2010]

41. In India which agency is entrusted with the collection of data of capital formation?

(a) RBI and Central Statistical Organisation
(b) RBI and SBI
(c) RBI and all other Commercial Banks
(d) Central Statistical Organisation and National Sample Survey

[U.P. Lower Sub. (Pre) 2008]

42. Indicate the vital change in the measurement of the National Income of India recently :

(a) Both the base year and calculation method have changed.
(c) Calculation has changed from factor cost to market prices.
(d) Calculation has changed from current prices to constant prices.

[R.A.S./R.T.S. (Pre) (Re-Exam) 2013*]

.

43. In new GDP data, base year has been changed from 2004-05 to :

(a) 2011-2012
(b) 2010-2011
(c) 2008-2009
(d) 2007-2008

[U.P.P.C.S. (Mains) 2015]

44. At present (2015) which of the following base year is being used for estimation of National Income in India?

(a) 2004-05
(b) 2001-02
(c) 2011-12
(d) 2007-08

[U.P.P.C.S. (Mains) 2016]

45. In India for estimation of GDP at constant prices, at present the base year is :

(a) 1999-2000
(b) 2000-2001
(c) 2002-2003
(d) 2006-2007

[U.P.P.C.S. (Pre) 2009]

46. Which of the following is the correct base year for measuring national income in India ?

(a) 2000-01
(b) 2001-02
(c) 2004-05
(d) 2005-06

[U.P. U.D.A./L.D.A. (Spl.) (Pre) 2010]

47. The new GDP series released by the CSO in February, 1999 is with reference to base prices of:

(a) 1991-92
(b) 1992-93
(c) 1993-94
(d) 1994-95

[I.A.S. (Pre) 2000, U.P. P.C.S. (Mains) 2004]

48. Which one of the following is a sign of economic growth?

(a) An increase in National Income at constant prices during a year.
(b) A sustained increase in real Per Capita Income.
(c) An increase in National Income at current prices over time.
(d) An increase in National Income along with increase in population.

49. In the year 2013-14 in India, Per Capita Net National Income at current prices and factor cost was –

(a) Rs. 73,450
(b) Rs. 72, 580
(c) Rs. 74,380
(d) Rs. 71, 628
(e) None of these

[Chhattisgarh P.C.S. (Pre) 2015]

50. In which year the rate of growth of India’s Per Capita Income at constant prices was the highest during the period 1951-52 to 2015-16?

(a) 2015-16
(b) 2010-11
(c) 2007-08
(d) 2014-15

[63rd B.P.S.C. (Pre) 2017, R.A.S./R.T.S. (Pre) 2016]

51. In the year 2010-11 (at 2004-05 prices), which of the following is the Per Capita Income in India?

(a) Rs. 30,525
(b) Rs. 33,626
(c) Rs. 34,443
(d) Rs. 35,993

[U.P.U.D.A./L.D.A. (Pre) 2013]

52. In the year, 1991-92, the Per Capita Annual Income in India was about :

(a) 4,500
(b) 5,500
(c) 7,500
(d) 10,500

[M.P.P.C.S. (Pre) 1994]

53. In the context of Indian Economy, consider the following statements :
1. The growth rate of GDP has steadily increased in the last five years.
2. The growth rate in Per Capita Income has steadily increased in the last five years.
Which of the statements given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

[I.A.S. (Pre) 2011]

54. With reference to Indian Economy, consider the following statements :
1. The rate of growth of Real Gross Domestic Product has steadily increased in the last decade.
2. The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade.
Which of the statements given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

[I.A.S. (Pre) 2015]

55. The annual growth rate of the Indian Economy at 1999-2000 prices during 2005-2006 has been estimated between :

(a) 8 to 9 per cent
(b) 7 to 8 per cent
(c) 6 to 7 per cent
(d) 5 to 6 per cent

[U.P.P.C.S. (Pre) 2001, 2003, 2006, U.P.P.C.S. (Mains) 2014, U.P.P.S.C. (R.I.) 2014, U.P.U.D.A./L.D.A. (Pre) 2002]

56. The expected GDP growth rate for 1998-99 is :

(a) 5.5%
(b) 5.6%
(c) 5.7%
(d) 6.5%

[U.P.P.C.S. (Pre) 1999, U.P.P.C.S. (Pre) 1997, U.P.P.C.S. (Pre) 2000, U.P. Lower Sub. (Spl.) (Pre) 2002, 2003, U.P.P.C.S. (Mains) 2003, U.P.P.C.S. (Pre) 2005, U.P.P.C.S. (Mains) 2005]

57. In India Gross Domestic Product growth rate increased from 4.5 percent in 2012-13 to 4.7 percent in 2013-14, because of–

(a) High growth rate in services sector
(b) High growth rate in manufacturing sector
(c) High growth rate in agriculture & allied sector
(d) All of the above
(e) None of these

[Chhattisgarh P.C.S. (Pre) 2014]

58. Which of the following sub-sectors has experienced a negative growth rate in 2009-10 over 2008-09?

(a) Agriculture and Allied Sectors
(b) Construction
(c) Mining and Quarrying
(d) Electricity, Gas and Water Supply

[U.P.R.O./A.R.O. (Mains) 2013]

59. As per recent estimates of the Reserve Bank of India growth rate in 2002-2003 will be –

(a) 5-5.5%
(b) 5.5-6.0%
(c) 6.0-6.5%
(d) 6.5-7.0%

[U.P.P.C.S. (Mains) 2002]

60. According to Asian Development Report 2004, growth rate of India in 2005 will be –

(a) 7.5%
(b) 6.9%
(c) 5.5%
(d) 4.9%

[U.P.P.C.S. (Mains) 2004]

61. Assertion (A): The Indian Economy has experienced recession in the fiscal year 1997-98.
Reason (R): There has been a fall in the public investment in the recent past.
Select the correct answer from the codes given below:
Code :

(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true.

[U.P.P.C.S. (Pre) 1998]

62. Assertion (A): Indian economy has moved to a higher average GDP growth rate in the last 15 years.
Reason (R): The saving ratio has consistently increased in this period.
Code:

(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(c) (A) is true, but (R) is false.
(d) (A) is false, but (R) is true.

[U.P.P.C.S. (Pre) 1997]

63. Arrange the following States in descending order of Per Capita Income for the year 1998-99 and select the correct answer from the codes given below:
A. Maharashtra B. Gujarat
Code:

(a) DBAC
(b) DACB
(c) BDAC

[U.P.P.C.S. (Pre) 2001]

64. Consider the following states:
1. Gujarat 2. Karnataka
The descending order of these states with reference to Their per Capita Net State Domestic Product is:

(a) 1, 3, 4, 2
(b) 3, 1, 2, 4
(c) 1, 3, 2, 4
(d) 3, 1, 4, 2

[I.A.S. (Pre) 2001]

65. The latest Per Capita Income at current prices is lowest for the Indian State of :

(a) Bihar
(c) Odisha
(d) Nagaland
(e) None of the above/More than one of the above

[63rd B.P.S.C. (Pre) 2017]

66. Which State has minimum Per Capita Annual Income?

(a) Bihar
(c) Odisha

[U.P.P.C.S (Pre) 1993, U.P.P.C.S. (Pre) 2008, U.P. Lower Sub. (Pre) 2004]

67. Which of the following States has the highest Per Capita Income (at present) ?

(a) Goa
(b) Punjab
(c) Maharashtra
(d) Gujarat

[U.P.P.C.S. (Pre) 1994]

68. According to the data released by the Government of India in March 2011 which State/Union Territory recorded highest Per Capita Income during 2009-2010?

(a) Chandigarh
(b) Delhi
(c) Goa
(d) Maharashtra

[U.P.P.C.S. (Mains) 2011]

69. Which of the following States has highest Per Capita Average Income?

(a) Karnataka
(b) West Bengal
(c) Gujarat
(d) Haryana

[R.A.S./R.T.S. (Pre) 1992]

70. Which of the following States has the highest growth in Gross State Domestic Product in 2010-11?

(a) Bihar
(b) Chhattisgarh
(c) Maharashtra

[U.P. Lower Sub. (Pre) 2009]

71. Assertion (A): Economic growth in India has generally remained stagnant for the last ten years.
Reason (R): Foodgrain production has not increased for last several years.
Choose the correct answer using the codes given below:
Code :

(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true

[U.P.P.C.S.(Pre) 2001]

72. Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R).
Assertion (A): Though India’s National Income has gone up several fold since 1947, there has been no marked improvement in the Per Capita Income level.
Reason (R): A sizeable proportion of the population of India is still living below the poverty line.
In the context of the above two statements which one of the following is correct?

(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not a correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true

[I.A.S. (Pre) 1996]

73. In India, rural incomes are generally lower than the urban incomes. Which of the following reasons account for this?
1. A large number of farmers are illiterate and know little about scientific agriculture.
2. Prices of primary products are lower than those of manufactured products.
3. Investment in agriculture has been low when compared to investment in industry.
Select the correct answer by using the codes given below:

(a) 1,2 and 3
(b) 1 and 2
(c) 1 and 3
(d) 2 and 3

[I.A.S. (Pre) 1996]

74. With reference to the ‘Capital formation’ which of the statements is/are correct?
1. The process of capital formation depends on savings and the effectiveness of financial institutions.
2. Investment is the essential factor of capital formation.
Select the correct answer using the codes given below.
Codes :

(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) Neither 1 nor 2

[U.P.P.C.S. (Pre) 2021]

75. The main reason for low growth rate in India, inspite of high rate of savings and capital formation is :

(a) high birth rate
(b) low level of foreign aid
(c) low capital-output ratio
(d) high capital-output ratio

[I.A.S. (Pre) 1995]

76. Despite being a high saving economy, capital formation may not result in significant increase in output due to :

(b) illiteracy
(c) high population density
(d) high capital-output ratio

[I.A.S. (Pre) 2018]

77. Which of the following are the main causes of slow rate of growth of Per Capita Income in India –
1. High capital-output ratio
2. High rate of growth of population
3. High rate of capital formation
4. High level of fiscal deficits
Select the correct answer from the codes given below:
Codes :

(a) 1, 2, 3 and 4
(b) 2, 3 and 4
(c) 1 and 4
(d) 1 and 2

[I.A.S. (Pre) 1993]

78. Consider the following statements about the reasons behind the low level of Per Capita Income in Uttar Pradesh:
1. Fast-growing population
2. Lack of entrepreneurship
4. Modernisation of agriculture
Of these statements, which of the following statement group is correct?

(a) 1, 2 and 4
(b) 1, 2 and 3
(c) 2, 3 and 4
(d) 1, 3 and 4

[U.P.P.C.S. (Mains) 2005]

79. Economic growth in country X will necessarily have to occur if –

(a) there is technical progress in the world economy
(b) there is population growth in X
(c) there is capital formation in X
(d) the volume of trade grows in the world economy

[I.A.S. (Pre) 2013]

80. Which factor can be highly supportive in achieving economic growth rate of 8% or more in the near future in India?

(a) Promulgation of GST from April 1, 2016 without further delay.
(b) Fast skill development of labour force in the country.
(c) Implementation of all stalled productive projects.
(d) Increasing Ease of Doing Business at a rapid rate.

[R.A.S./R.T.S. (Pre) (Re. Exam.) 2013]

81. Which of the following is not a characteristics of Indian Economy ?

(a) Low productivity of labour
(b) Lower per capita income
(c) Low rate of capital formation
(d) Lack of Natural Resources

[U.P.P.C.S. (Spl.) (Mains) 2004]

82. Which of the following reasons are mainly responsible for slow growth of Real Per Capita Income in India –
1. Rapid increase in population
2. High increase in prices
3. Slow growth in agriculture and industrial sectors
4. Unavailablity of foreign exchange
Find the correct answer using the following codes –
Codes :

(a) 1 and 2 only
(b) 1, 2 and 3 only
(c) 1 and 4 only
(d) All of the above

[U.P.P.C.S. (Pre.) 2001]

83. In the 2001-2010 decade, the highest rate of gross domestic savings was achieved in the year –

(a) 2005-06
(b) 2006-07
(c) 2007-08
(d) 2008-09

[U.P.P.C.S. (Mains) 2009]

84. The average rate of domestic savings (gross) for the Indian Economy is currently estimated to be in the range of:

(a) 15 to 20 precent
(b) 20 to 25 percent
(c) 25 to 30 percent
(d) 30 to 35 percent

[I.A.S. (Pre) 1997]

85. In the year 2012-13, India’s gross domestic savings rate was-

(a) 30.1 percent of GDP
(b) 25.8 percent of GDP
(c) 22.3 percent of GDP
(d) 34.6 percent of GDP
(e) None of these

[Chhattisgarh P.C.S. (Pre) 2014]

86. Savings ratio in India at present (2006-07) stands at :

(a) between 20 to 25 percent of GDP
(b) between 25 to 30 percent of GDP
(c) between 30 to 32 percent of GDP
(d) Above 32 percent of GDP

[U.P.P.C.S. (Pre) 2008]

87. Which among the following sectors contribute the most in savings in India?

(a) Banking and financial sector
(b) Export sector
(c) Household sector
(d) Private sector

[U.P. U.D.A. / L.D. A. (Pre) 2001, U.P.P.C.S. (Mains) 2004]

88. In the context of share in savings in India in the last four years, which one of the following statements is correct ?

(a) Household savings in the form of financial assets has increased
(b) Share of public sector in savings has increased
(c) Share of corporate sector in savings has increased
(d) Household savings in the form of financial assets has declined

[U.P.P.C.S. (Spl.) (Mains) 2004]

89. Which has the highest share in the household savings of India?

(a) Deposits
(b) Currency
(c) Physical assets
(d) Shares and debentures

[U.P.P.C.S. (Mains) 2009]

90. In India savings arise from the following four main sectors :
1. Household sector
2. Private corporate sector
3. Public corporations and other public enterprises
4. Government
Find the correct descending order of contribution of the above sectors from the codes given below :
Code :

(a) 4, 3, 2, 1
(b) 1, 3, 2, 4
(c) 1, 2, 3, 4
(d) 4, 2, 3, 1

[U.P. Lower Sub. (Spl.) (Pre) 1998]