The Economic Survey is an annual document of the Ministry of Finance written by a team led by the Chief Economic Adviser (CEA). It assesses the economic progress of the country and expenditure in the past 12 months. The document also explains the performance of major government policies and their impact & highlights agriculture, climate change, and employment on the economy of the country. Let's know more about Economic Survey 2021-22!
1. Which One of the themes of Economic Survey 2021-22 is given below?
A. "COVID-19 approach"
B. “Agile approach”
C. "Boost economic activity"
D. None of these
2. According to the Economic Survey, to achieve India's GDP target of $5 trillion by FY25, India needs to spend around how much?
A. USD 0.4 trillion on infrastructure
B. USD 1.4 trillion on infrastructure
C. USD 2.4 trillion on infrastructure
D. USD 3.4 trillion on infrastructure
3. According to the IMF's latest world economic outlook estimate, India's real GDP growth rate in 2021-22 is what percent?
A. 8%
B. 9%
C. 9.30%
D. 9.50%
4. Gross tax revenue grew by more than ___________ percent during April-November, 2021 on a yearly basis.
A. 20%
B. 45%
C. 50%
D. 50.50%
5. What is the percentage increase in capital expenditure with emphasis on infrastructure sectors during April-November, 2021 on a yearly basis?
A. 10.50%
B. 15.6
C. 13.33%
D. 13.5%
6. With the increase in borrowings due to COVID-19, the debt of the Central Government increased to what percent of GDP in 2020-21?
A. Became 19.3 percent
B. Became 39.3 percent
C. Became 59.3 percent
D. Became 99.3 percent
7. India's external debt increased to $________________ billion by the end of September 2021 from $556.8 billion a year ago.
A. $503.1 billion
B. $533.1 billion
C. $573.1 billion
D. $593.1 billion
8. How many billion dollars did the foreign exchange reserves reach by December 31, 2021?
A. $333.6 billion
B. $533.6 billion
C. $633.6 billion
D. $933.6 billion
9. At what percentage did the repo rate remain in 2021-22?
A. 0.04%
B. 0.40%
C. 0.44%
D. 4.0%
10. Which helped in improving the prices of petrol and diesel?
A. Reduction in central excise
B. Reduction in value-added tax by states
C. Both of the above
D. None of these
11. Wholesale inflation based on Wholesale Price Index (WPI) rose by what percent during 2021-22 (April to December)?
A. 02.5 % during 2021-22
B. 12.5 % during 2021-22
C. 22.5 % during 2021-22
D. 52.5 % during 2021-22
12. On NITI Aayog's SDG India Index and Dashboard, India's overall score improved to how much in 2020-21?
A. 60
B. 66
C. 69
D. 99
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