Economy - MOST IMPORTANT CDS Previous Year Questions
Practice real questions from previous year exams of CDS.
š External Sector in Indiaš Trade Balance
Q1
Consider the following statements with respect to performance of the merchandise export of India in FY ā 2024 :
1. Share of capital goods such as machinery, equipment and other durable goods decreased substantially.
2. Share of consumer goods and intermediate goods increased.
Which of the statements given above is/are correct?
šÆ UPSC CDS - I 2025
š Financial Marketsš Digital Payments Ecosystem (NEFT, RTGS, IMPS, etc.)
Q2
Which one among the following statements about Project Nexus is correct?
šÆ UPSC CDS - I 2025
š Inflation and Business Cycles (Recession, Depression, etc.)š Measures of Inflation- WPI, CPI, etc.
Q3
While calculating the consumer price index, 'housing' as an item is classified as :
šÆ UPSC CDS - I 2025
š Service Sectorš IT and ITES
Q4
Which one among the following established the first Global Capability Centre in India ?
šÆ UPSC CDS - I 2025
š External Sector in Indiaš Current Account and Capital Account of Government
Q5
Which of the following pairs is/are not correctly matched ?
1. Global Value Chains (GVC) : International Product Sharing
2. World Integrated Trade Solutions : Database on GVC related Trade
3. Current Account Deficit (CAD) : Foreign Direct Investment
Select the answer using the code given below :
šÆ UPSC CDS - I 2025
š External Sector in Indiaš Trade Balance
Q6
How can currency depreciation stimulate an increase in net exports ?
1. By reducing export costs
2. By reducing import prices
Select the answer using the code given below :
šÆ UPSC CDS - I 2025
š Inflation and Business Cycles (Recession, Depression, etc.)š Terminology related to Inflation
Q7
Core inflation is :
šÆ UPSC CDS - I 2025
š Unemploymentš Other types of Unemployment
Q8
Which one among the following defines flexi workers in India?
šÆ UPSC CDS - I 2025
š Major Schemesš Schemes of Educational Sector
Q9
Which one among the following is an integrated teacher training programme ?
šÆ UPSC CDS - I 2025
š Major Schemesš Other Schemes
Q10
Which organisation/institute has recently started the new initiatives such as Bharat Vidya Pariyojana, Brihattar Bharat and Nari Samvaad Prakalp?
šÆ UPSC CDS - I 2025
š Public Finance in India- Budgetš Types of funds in Budget- Consolidated, Public Account, Contingency, etc.
Q11
"Nirbhaya Fund", a non-lapsable corpus fund, which is to be utilized for the projects specifically designed to improve the safety and security of women is administered by :
šÆ UPSC CDS - I 2025
š Agriculture Sectorš Other Agriculture Schemes
Q12
The Paramparagat Krishi Vikas Yojana (PKVY) launched in 2015 ā 16 by the Central Government is aimed to:
šÆ UPSC CDS - I 2025
š Service Sectorš IT and ITES
Q13
Which of the following statements about Open Network for Digital Commerce (ONDC) is/are correct?
1. It was launched in 2021 by the Government of India.
2. Its aim is to democratize e-commerce in India.
3. India has surpassed China in 2024 in e-retail penetration.
Select the answer using the code given below :
šÆ UPSC CDS - I 2025
š Planningš Misc
Q14
Which of the following criteria are specified for granting Special Category Status to States in India?
1. Hilly and difficult terrain
2. Economic and infrastructural backwardness
3. Strategic coastal zone
4. Sizeable share of tribal population
Select the answer using the code given below :
šÆ UPSC CDS - II 2025
š Microeconomics- IIš Types of Market- Perfectly Competitive, Monopoly, etc.
Q15
Which one among the following pairs of type of firm and feature is not correctly matched?
šÆ UPSC CDS - II 2025
š External Sector in Indiaš Foreign Capital- FDI, FPI, FII, QFI
Q16
Union Budget 2025 increased the Sectoral cap of FDI to 100 per cent from 74 per cent for :
šÆ UPSC CDS - II 2025
š Inflation and Business Cycles (Recession, Depression, etc.)š Terminology related to Inflation
Q17
The practice of reducing the size of a product while maintaining its sticker price is called :
šÆ UPSC CDS - II 2025
š Important Indexes and Reportsš Global Innovation Index
Q18
Consider the following statements about innovation and research and development in India :
1. India's rank in Global Innovation Index reported by World Intellectual Property Organization (WIPO) has improved significantly between 2015 and 2024.
2. Funding of research and development is sourced primarily from private sector entities and is sectorally concentrated in pharmaceuticals and information technology.
Which of the statements given above is/are correct ?
šÆ UPSC CDS - II 2025
š Industrial Sectorš MSMEs
Q19
Consider the following statements about the Indian Institute of Entrepreneurship (IIE) :
1. The IIE was established in 1999 in Guwahati.
2. The main aim of the institute is to provide training, research and consulting activities for small and micro enterprises.
Which of the statements given above is/are correct ?
šÆ UPSC CDS - II 2025
š Public Finance in India- Budgetš Data in Budget
Q20
Consider the following statements about Union Government's Expenditure on revenue account and effective capital expenditure :
1. Effective capital expenditure as percentage of GDP has increased from 2020 - 21 to 2023 - 24.
2. Expenditure on revenue account as percentage of GDP has increased from 2020 - 21 to 2023 - 24.
Which of the statements given above is/are correct ?
šÆ UPSC CDS - II 2025
