Indian Economy 7th Edition 2023-24 Quiz

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Questions and Answers

What is the main focus of the book 'INDIAN ECONOMY (GENERAL STUDIES – CIVIL SERVICES EXAMINATION)' by VIVEK SINGH?

  • Focusing solely on the economic terms for easy reference
  • Covering both prelims and mains section of GS Paper III with static and conceptual content (correct)
  • Emphasizing on historical economic data and events
  • Including fictional stories related to economic development

What additional features are included in the book 'INDIAN ECONOMY (GENERAL STUDIES – CIVIL SERVICES EXAMINATION)' by VIVEK SINGH?

  • Thoroughly updated with economic data and schemes
  • Includes budget and economic survey from previous years
  • Maps State PCS exams syllabus
  • All of the above (correct)

Which section of the UPSC (CSE) syllabus does the book 'INDIAN ECONOMY (GENERAL STUDIES – CIVIL SERVICES EXAMINATION)' by VIVEK SINGH map to?

  • Engineering and Technology related topics
  • Economic and Social Development-Sustainable Development, Poverty, Inclusion, Demographics, Social Sector Initiatives, etc. (correct)
  • Art and Culture
  • Geography and Environment

What is the purpose of including previous year UPSC Prelims and Mains Questions in the book 'INDIAN ECONOMY (GENERAL STUDIES – CIVIL SERVICES EXAMINATION)' by VIVEK SINGH?

<p>To provide practice questions for students preparing for the UPSC examination (C)</p> Signup and view all the answers

What additional resource is provided for the latest economy-related updates in the book 'INDIAN ECONOMY (GENERAL STUDIES – CIVIL SERVICES EXAMINATION)' by VIVEK SINGH?

<p>Telegram channel: 'Economy by Vivek Singh' (C)</p> Signup and view all the answers

What does an economy encompass?

<p>Production, distribution, trade, and consumption of goods and services (B)</p> Signup and view all the answers

What are the main factors that involve a given economy?

<p>Culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources (C)</p> Signup and view all the answers

What spurs economic activity?

<p>Production using natural resources, labor, and capital (D)</p> Signup and view all the answers

Who can be economic agents in an economy?

<p>Individuals, businesses, organizations, or governments (C)</p> Signup and view all the answers

What are the changes in industrial relations mentioned in the text?

<p>Child labor being replaced with universal access to education (D)</p> Signup and view all the answers

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