Economic Scenario (Rajasthan)

Total Questions: 37

1. The first sugar industry based on beet-root was established at - [Raj. P.C.S. (Pre) 2023]

Correct Answer: (a) Sri Ganganagar
Solution:The first sugar industry based on beet-root was established at Sri Ganganagar, Rajasthan. This factory was established for commercial exploitation of sugar beet. Sugar beet was introduced in India in 1950's when exploratory trials for the root and seed crop were carried out by ICAR Indian Institute of sugarcane Research, Lucknow, at certain identified suitable sites in India.

2. Which one of the following is not a part of Rajasthan Urban Drinking Water Sewerage and Infrastructure Corporation Limited? [Raj. P.C.S. (Pre) 2023]

Correct Answer: (c) Rajasthan Housing Board
Solution:Rajasthan Housing Board is not a part of Rajasthan Urban Drinking Water Sewerage and Infrastructure Corporation Limited (RUDSICO). RUDSICO is a Govt. Company registered under the companies Act, 1956 incorporated in December, 2004 and got its name changed from RUIFDCO to RUDSICO on 19th November, 2015.

3. In the year 2022-23, contribution of which sub-sector in Gross State Value Added (GSVA) at current prices of service sector of Rajasthan was maximum? [Raj. P.C.S. (Pre) 2023]

Correct Answer: (b) Trade, Hotels and Restaurants
Solution:Sectoral Contribution in GSVA at current prices in Rajasthan is follows as -
  • Agriculture - 29.39% in 2021-22 and 28.95% in 2022-23.
  • Industry - 27.45% in 2021-22 and 27.31% in 2022-23.
  • Services - 43.16% in 2021-22 and 43.74% in 2022-23.

As trade, Hotels and Restaurants are of service sector. Thus option (b) will be correct answer.

4. Which sector is likely to show highest increase in the real GSVA (Gross State Value Added) at constant basic prices (2011-12) in the year 2022-23 over previous year? [Raj. P.C.S. (Pre) 2023]

Correct Answer: (b) Service sector
Solution:Sectoral Contribution in GSVA at constant (2011-12) prices is follows as -
  • (a) Agriculture - 29.22% in 2021-22 and 28.50% in 2022-23.
  • (b) Industry - 28.17% in 2021-22 and 27.76% in 2022-23.
  • (c) Services - 42.61% in 2021-22 and 43.47% in 2022-23.

Thus Service Sector has shown highest increase in the real GSVA (Gross State Value Added) at constant prices (2011-12) in the year 2022-23 over previous year.

5. Which of the following department has been declared as the Nodal Department for the effective implementation of Sustainable Development Goals in Rajasthan? [R.A.S./R.T.S. (Pre) 2021]

Correct Answer: (c) Planning Department
Solution:Planning Department has been declared as the Nodal Department for the effective implementation of sustainable Development Goal in Rajasthan.

6. The base year for wholesale price index in Rajasthan is [R.A.S./R.T.S. (Pre) 2016]

Correct Answer: (a) 1999-2000
Solution:The base year of whole sale price index in Rajasthan is 1999-2000. Wholesale Price Index is announced by Directorate of Economics and Statistics and it effect from 2005.

7. Which is the base year of Rajasthan’s general wholesale Price Index? [R.A.S./R.T.S. (Pre) 2018]

Correct Answer: (a) 1999-2000
Solution:The base year of whole sale price index in Rajasthan is 1999-2000. Wholesale Price Index is announced by Directorate of Economics and Statistics and it effect from 2005.

8. The name of top Cooperative bank of Rajasthan is [R.A.S./R.T.S. (Pre) 1994]

Correct Answer: (c) State Cooperative Bank
Solution:Rajasthan State Cooperative Bank is the leading cooperative bank of Rajasthan it was set up in 14th October 1953 in Jaipur. It is an Apex Institution of the District Central co-operative Banks (DCCBs) functioning in the state.

9. Which is being adopted in Rajasthan for its fast economic development ? [R.A.S./R.T.S. (Pre) 1999]

Correct Answer: (c) Economic planning policy
Solution:For speedy economic development, the Government of Rajasthan has practically adopted ‘Economic Planning Policy’.

10. What is true with the present position of revenue account in the budget of Rajasthan? [R.A.S./R.T.S. (Pre) 2012]

Correct Answer: (c) Revenue deficit is less than other neighbouring states.
Solution:Rajasthan State Budget 2012-13 estimated receipt of 63146.83 crores and expenditure of 62219.22 crores. Thus, it had estimated revenue excess of 927.61 crores. Notably in preceding years as well it had revenue excess.

In 2016-17 Budget, the Government estimated an excess of 198.01 crores without including 'Uday Scheme'. After including Uday Scheme the Budget estimated revenue deficit of 1801.99 crores. In 2023-24 revenue deficit was 24 thousand 895 Crore 67 Lac.