Economic Scenarios

Total Questions: 30

11. As per budget of Chhattisgarh 2022, Sector wise Components of GSDP (Current Price) for 2021-22 are the following (match them): [Chhattisgarh P.C.S. (Pre) 2023]

List-IList-II
(A) Agriculture(i) 40%
(B) Difference between excise Tax (Utpadan Kar) and Subsidy(ii) 7%
(C) Service(iii) 20%
(D) Industry(iv) 33%

Code:

ABCD
(a)(i)(ii)(iii)(iv)
(b)(iii)(ii)(iv)(ii)
(c)(iv)(ii)(i)(iii)
(d)(iv)(ii)(iii)(i)
Correct Answer: (b)
Solution:As per Budget of Chhattisgarh 2022, Sector wise components of GSDP (currect price) for 2021-22 are -
List-IList-II
Agriculture 20%
Difference between excise tax (Utpadan Kar) and subsidy 7%
Service33%
Industry40%

12. According to the Chhattisgarh Economic Survey 2021-22, agriculture sector of Chhattisgarh registered average growth rate at constant prices between 2012-13 to 2021-22 is: [Chhattisgarh P.C.S. (Pre) 2022]

Correct Answer: (b) 5.09 percent
Solution:According to Chhattisgarh Economic Survey 2021-22, agriculture sector of Chhattisgarh registered average growth rate at constant prices between 2021-13 to 2021-22 is 5.09 percent while as per Chhattisgarh Economic Survey 2023-24, Agriculture sector registered average growth rate at constant price between 2021-13 to 2023-24 is 4.90%.

13. Which district of Chhattisgarh has highest "Human Development Index"? [Chhattisgarh P.C.S. (Pre) 2017]

Correct Answer: (a) Korba
Solution:Korba district of Chhattisgarh has highest HDI i.e. 0.625. Bastar is the worst performing with HDI score of only 0.264.

Mahasamund      -   0.577

Durg                      -   0.578

Raipur                   -   0.534

14. What per capita income is estimated at constant prices of 2011-12 in Chhattisgarh for the year 2016-17? [Chhattisgarh P.C.S. (Pre) 2017]

Correct Answer: (a) Rs. 91,772
Solution:As per the Chhattisgarh Economic Survey 2016-17, per capita income at constant prices of 2011-12 in Chhattisgarh for year 2016-17 is estimated to be Rs. 91,772. As per the Chhattisgarh Economic Survey 2023-24 the per Capita income of Chhatisgarh in 2023-24 (A) (at market prices) is estimated to be Rs. 147361.

15. What growth rate of Gross State Domestic Product at constant price is estimated for this state in the year 2017-18? [Chhattisgarh P.C.S. (Pre) 2018]

Correct Answer: (c) 6.65%
Solution:The growth rate of GSDP at constant price for the year Ans. (c) 2017-18 of the Chhattisgarh state is estimated to be 6.65%. According to Chhattisgarh Economic Survey 2023-24 estimated growth rate of Chhatisgarh's GSDP (at constant price) is 7.67% in 2022-23 (Q) and 6.56% in 2023-24 (Α).

16. Which sector has major role to accelerate industry's economic growth rate of Chhattisgarh State during 2012-13 to 2017-18 period? [Chhattisgarh P.C.S. (Pre) 2018]

Correct Answer: (c) Electricity, Gas and Water Supply
Solution:Option (c) was a correct answer in question time. The grow rate of optional sectors at constant prices in the year 2022-23 (Q) and 2023-24 (A) is as respectively follows manufacturing (9.62% and 8.11%), construction (9.15% and 9.89%) and Mining and Quarry (11.40% and 7.35%).

17. According to the Economic Survey 2021-22 of Chhattisgarh, which sector of the Chhattisgarh economy registered highest growth rate in 2021-22 at constant prices? [Chhattisgarh P.C.S. (Pre) 2022]

Correct Answer: (b) Construction
Solution:According to Chhattisgarh Economic Survey 2021-22 -
SectorGrowth Rate in 2021-22 (A)Growth Rate in 2023-24 (A)
Manufacturing15.2116.33
Construction20.9413.98
Mining & Quarrying17.237.40
Services14.936.38

Thus option (b) will be correct answer.

18. According to the Chhattisgarh Economic Survey 2021- 22 of Chhattigarh, which sector of the Chhattisgarh economy registered lowest growth rate in 2021-22 at constant prices? [Chhattisgarh P.C.S. (Pre) 2022]

Correct Answer: (c) Storage
Solution:According to Chhattisgarh Economic Survey 2021-22-
SectorGrowth Rate (2021-22)
Animal Husbandry2.27%
Forestry and Logging1.57%
Storage1.33%
Fishing Industry7.68%

Thus option (c) will be correct answer.

19. What is the contribution of animal husbandry in Gross State Domestic Product of C.G. at constant prices in the year 2015-16? [Chhattisgarh P.C.S. (Pre) 2016]

Correct Answer: (d) 1.33 percent
Solution:A Option (d) was a correct answer in question time. According to Chhattisgarh Economic Survey 2023-24, The contribution of Animal husbandry in Gross State Domestic Product of Chhattisgarh at constant prices in the year 2023-24 (A) is 1.62% and for 2022-23 (Q) is also 1.62%.

20. What contribution of tax-revenue is estimated in total revenue -receipts of C.G. in the year 2015-16? [Chhattisgarh P.C.S. (Pre) 2016]

Correct Answer: (e) None of these
Solution:According to the economic survey released by Directorate of Economics and Statistics, Chhattisgarh, the contribution of tax-revenue is estimated in total revenue-receipts of Chhattisgarh in the year 2015-16 is 62.63%.

Budget estimates 2024-25, the contribution of tax revenue is estimated in total revenue receipts of Chhattisgarh is 74.24% for the year of 2024-25.