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UPSC CSE Mains 2019 — Economy Questions with Answers

All 5 Economy previous-year questions from UPSC CSE Mains 2019, each with the correct answer and a full explanation. Practise them as a free, timed mock test with instant scoring.

1. Q1.Public Finance

   Enumerate the indirect taxes which have been subsumed in the Goods and Services Tax (GST) in India. Also, comment on the revenue implications of the GST introduced in India since July 2017.

2. Q2.Money & Banking

   Do you agree with the view that steady GDP growth and low inflation have left the Indian economy in good shape? Give reasons in support of your arguments.

3. Q3.Growth & Planning

   Coastal sand mining, whether legal or illegal, poses one of the biggest threats to our environment. Analyse the impact of sand mining along the Indian coasts, citing specific examples.

4. Q4.Growth & Planning

   It is argued that the strategy of inclusive growth is intended to meet the objectives of inclusiveness and sustainability together. Comment on this statement.

5. Q5.Public Finance

   The public expenditure management is a challenge to the government of India in the context of budget making during the post-liberalization period. Clarify it.