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HPSC 2014 — Indian Economy Questions with Answers

All 5 Indian Economy previous-year questions from HPSC 2014, each with the correct answer and a full explanation. Practise them as a free, timed mock test with instant scoring.

1. Q1.Infrastructure

   In order to provide "Power for All" 24/7 in India, which is the best electricity generation method? Give reasons. (About 200 words)

2. Q2.Social Security

   Discuss about New Pension Scheme drawing comparison with old pension scheme. (About 200 words)

3. Q3.Financial Markets

   Write briefly on any four out of the following: (About 40 words each) (i) Call Option (ii) Shares/Stocks (iii) Bonds (iv) Mutual funds (v) Gold Monetisation (vi) Investment Portfolio

4. Q4.External Sector

   Write a policy recommendation on Foreign Direct Investment in India based on the interpretation of the data given in the following table: (About 150 words). Table - Sector-wise FDI: 1. Service - Rs. 143878.44 crores - 20% of Total FDI; 2. Telecommunication - Rs. 57049.95 crores - 7.84%; 3. Automobile - Rs. 29354.31 crores - 4.04%; 4. Hotel & Tourism - Rs. 14770.58 crores - 2.02%; 5. Scientific Instruments - Rs. 96.78 crores - 0.01%.

5. Q5.Agriculture

   What is the status of Livestock in India? Write about the role of Animal Husbandry Department to improve the condition of Livestock. (About 120 words)