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PPSC 2018 — Indian Economy Questions with Answers

All 9 Indian Economy previous-year questions from PPSC 2018, each with the correct answer and a full explanation. Practise them as a free, timed mock test with instant scoring.

1. Q1.Centre-State Financial Relations

   Critically explain the financial relationship between the Centre and the States against the backdrop of the recommendations of the 14th Finance Commission.

2. Q2.Banking

   Explain the main aspects of the role of the Reserve Bank of India under the present financial regime compared to the regime prior to demonetization.

3. Q3.Inflation

   Despite subsidies and minimum support price, the state of farmers has not changed drastically. Discuss the reasons for the failure.

4. Q4.Human Capital

   Discuss the role of education and health in enhancing the human capital. Explain its importance in economic development.

5. Q5.Regional Development

   The Punjab economy has failed to remain competitive with many other developed states. Do you agree? Justify.

6. Q6.Public Distribution System

   What are buffer norms? What are its objectives? Is any change in buffer norms in pipeline?

7. Q7.Liberalisation

   Do you think economic inequality is one of the undesirable outcomes of the liberalization in the Indian economy? Elucidate.

8. Q8.Industry

   How can a primary producer gain while participating in the food processing industry?

9. Q9.Taxation

   Do you think GST has facilitated the Indian business environment? Discuss.