GK Questions on Economic Survey 2025

The Economic Survey 2025 gives a detailed report on India’s economy over the past year. It highlights key areas like GDP growth, inflation, foreign reserves and sectoral performance. The survey also suggests important reforms to boost growth, create jobs and improve rural consumption. It helps the government plan policies for a stronger economy while addressing global and domestic challenges. Know more about the Economic Survey 2025 with GK questions.

GK Questions on Economic Survey 2025

The Economic Survey is a key report that reviews India’s financial growth, policies and challenges. It highlights GDP trends, sector performance and future economic plans. Here are some important GK questions based on the Economy Survey 2025.

Q1. India’s Gross Non-Performing Assets (GNPAs) ratio as of September 2024 was at a 12-year low of:
(a) 1.6%
(b) 2.6%
(c) 3.6%
(d) 4.6%
(e) 5.6%

S1. Ans.(b)
Sol. The gross non-performing assets (GNPAs) of Scheduled Commercial Banks declined to a 12-year low of 2.6% of gross loans and advances at the end of September 2024.

Q2. Under the Insolvency and Bankruptcy Code, what was the total amount realized in resolution of 1,068 plans till September 2024?
(a) ₹2.6 lakh crore
(b) ₹3.1 lakh crore
(c) ₹3.6 lakh crore
(d) ₹4.1 lakh crore
(e) ₹4.6 lakh crore

S2. Ans.(c)
Sol. Under Insolvency and Bankruptcy Code, ₹3.6 lakh crore was realized in resolution of 1,068 plans till September 2024.

Q3. What was India’s FOREX reserves as of December 2024?
(a) USD 580.3 billion
(b) USD 600.3 billion
(c) USD 620.3 billion
(d) USD 640.3 billion
(e) USD 660.3 billion

S3. Ans.(d)
Sol. India’s FOREX reserves stood at USD 640.3 billion as of the end of December 2024, sufficient to cover 10.9 months of imports.

Q4. According to IMF projections, global inflation rate moderated in 2024 to:
(a) 4.7%
(b) 5.7%
(c) 6.7%
(d) 7.7%
(e) 8.7%

S4. Ans.(b)
Sol. As per the IMF, the global inflation rate moderated to 5.7% by 2024 from its peak of 8.7% in 2022.

Q5. India’s retail inflation in FY25 (April-December 2024) was:
(a) 4.5%
(b) 4.9%
(c) 5.2%
(d) 5.4%
(e) 5.7%

S5. Ans.(b)
Sol. Retail inflation in India saw a reduction from 5.4% in FY24 to 4.9% in FY25 (April-December 2024).

Q6. To achieve Viksit Bharat by 2047, India needs to maintain an average growth rate of:
(a) 6%
(b) 7%
(c) 8%
(d) 9%
(e) 10%

S6. Ans.(c)
Sol. To realize the vision of Viksit Bharat by 2047, India will need to achieve a growth rate of around 8% at constant prices, on average, for about a decade or two.

Q7. Under railway connectivity, how many kilometers of railway network was commissioned between April and November 2024?
(a) 1531 km
(b) 1831 km
(c) 2031 km
(d) 2231 km
(e) 2431 km

S7. Ans.(c)
Sol. 2031 km of railway network was commissioned between April and November 2024.

Q8. What percentage of India’s total installed capacity comes from renewable energy?
(a) 37%
(b) 42%
(c) 47%
(d) 52%
(e) 57%

S8. Ans.(c)
Sol. The share of renewable energy in India’s total installed capacity now stands at 47%.

Q9. How many villages were covered under 4G mobile services by December 2024?
(a) 8,700
(b) 9,700
(c) 10,700
(d) 11,700
(e) 12,700

S9. Ans.(c)
Sol. Over 10,700 villages were covered under 4G mobile services by December 2024.

Q10. The industrial sector is expected to grow by what percentage in FY25?
(a) 5.2%
(b) 5.7%
(c) 6.2%
(d) 6.7%
(e) 7.2%

S10. Ans.(c)
Sol. The industrial sector expected to grow by 6.2% in FY-25 (first advance estimates), driven by robust growth in electricity and construction.

Q11. What percentage of smartphones are now manufactured domestically in India?
(a) 85%
(b) 90%
(c) 95%
(d) 99%
(e) 100%

S11. Ans.(d)
Sol. 99% smartphones now manufactured domestically, drastically reducing India’s dependence on imports.

Q12. The service sector’s contribution to total GVA in FY25 is:
(a) 45.3%
(b) 50.3%
(c) 55.3%
(d) 60.3%
(e) 65.3%

S12. Ans.(c)
Sol. The service sector’s contribution to total GVA has risen to 55.3% in FY25 (First Advance Estimates).

Q13. India’s share in global services exports in 2023 was:
(a) 3.3%
(b) 3.8%
(c) 4.3%
(d) 4.8%
(e) 5.3%

S13. Ans.(c)
Sol. India held a 4.3% share in global services exports in 2023, ranking seventh worldwide.

Q14. The agriculture sector’s contribution to GDP in FY24 was approximately:
(a) 12%
(b) 14%
(c) 16%
(d) 18%
(e) 20%

S14. Ans.(c)
Sol. The ‘Agriculture and Allied Activities’ sector contributes approximately 16% of the country’s GDP for FY24 (PE) at current prices.

Q15. The unemployment rate in 2023-24 (July-June) declined to:
(a) 3.2%
(b) 4.2%
(c) 5.2%
(d) 6.0%
(e) 7.0%

S15. Ans.(a)
Sol. Indian labour market indicators have improved with unemployment rate declining to 3.2% in 2023-24 (July-June) from 6.0% in 2017-18.

Q16. The expected real GDP growth range for FY26 is:
(a) 5.3-5.8%
(b) 5.8-6.3%
(c) 6.3-6.8%
(d) 6.8-7.3%
(e) 7.3-7.8%

S16. Ans.(c)
Sol. The real GDP growth in FY26 is expected to grow between 6.3 and 6.8%, keeping in mind the upsides and downsides to growth.

Q17. What was the BSE stock market capitalization to GDP ratio at the end of December 2024?
(a) 116%
(b) 126%
(c) 136%
(d) 146%
(e) 156%

S17. Ans.(c)
Sol. BSE stock market capitalisation to GDP ratio stood at 136% at the end of December 2024, far higher than other Emerging Market Economies.

Q18. The credit-GDP gap in Q1 of FY25 narrowed to:
(a) (-) 0.3%
(b) (-) 1.3%
(c) (-) 2.3%
(d) (-) 3.3%
(e) (-) 4.3%

S18. Ans.(a)
Sol. The credit-GDP gap narrowed to (-) 0.3% in Q1 of FY25 from (-) 10.3% in Q1 of FY23.

Q19. The growth in total insurance premiums in FY24 was:
(a) 5.7%
(b) 6.7%
(c) 7.7%
(d) 8.7%
(e) 9.7%

S19. Ans.(c)
Sol. India’s insurance market continued its upward trajectory, with total insurance premiums growing by 7.7% in FY24.

Q20. The growth in pension subscribers (YoY) as of September 2024 was:
(a) 12%
(b) 14%
(c) 16%
(d) 18%
(e) 20%

S20. Ans.(c)
Sol. India’s pension sector experienced significant growth, with the total number of pension subscribers growing by 16% (YoY) as of September 2024.

Q21. Overall exports (merchandise + services) grew by what percentage in the first nine months of FY25?
(a) 4%
(b) 5%
(c) 6%
(d) 7%
(e) 8%

S21. Ans.(c)
Sol. Overall exports (merchandise + services) grew by 6% (YOY) in the first nine months of FY25.

Q22. The increase in Gross Foreign Direct Investment inflows in FY25 compared to FY24 was:
(a) 11.9%
(b) 13.9%
(c) 15.9%
(d) 17.9%
(e) 19.9%

S22. Ans.(d)
Sol. Gross Foreign Direct Investment inflows recorded a YoY growth of 17.9% in FY25.

Q23. India’s external debt to GDP ratio as of September 2024 stood at:
(a) 17.4%
(b) 18.4%
(c) 19.4%
(d) 20.4%
(e) 21.4%

S23. Ans.(c)
Sol. India’s external debt remained stable with the external debt to GDP ratio standing at 19.4% at the end of September 2024.

Q24. The increase in MSP for Bajra over the weighted average cost of production was:
(a) 57%
(b) 67%
(c) 77%
(d) 87%
(e) 97%

S24. Ans.(c)
Sol. For the fiscal year 2024-25, the MSP for Bajra has been increased by 77% over the weighted average cost of production.

Q25. The Gini coefficient for rural areas in 2023-24 declined to:
(a) 0.217
(b) 0.227
(c) 0.237
(d) 0.247
(e) 0.257

S25. Ans.(c)
Sol. For rural areas, the Gini coefficient declined to 0.237 in 2023-24 from 0.266 in 2022-23.

Q26. The additional carbon sink created between 2005 and 2024 as per Forest Survey of India 2024 was:
(a) 1.29 billion tonnes CO2
(b) 1.79 billion tonnes CO2
(c) 2.29 billion tonnes CO2
(d) 2.79 billion tonnes CO2
(e) 3.29 billion tonnes CO2

S26. Ans.(c)
Sol. As per the Forest Survey of India 2024, an additional carbon sink of 2.29 billion tonnes CO2 equivalent has been created between 2005 and 2024.

Q27. The percentage of non-fossil fuel sources in India’s total installed electricity generation capacity as of November 2024 was:
(a) 36.8%
(b) 41.8%
(c) 46.8%
(d) 51.8%
(e) 56.8%

S27. Ans.(c)
Sol. India has installed electricity generation capacity of 2,13,701 megawatts from non-fossil fuel sources, which accounts for 46.8% of the total capacity.

Q28. The government health expenditure increased from 29.0% to:
(a) 38.0%
(b) 43.0%
(c) 48.0%
(d) 53.0%
(e) 58.0%

S28. Ans.(c)
Sol. Government health expenditure increases from 29.0% to 48.0%, while share of out-of-pocket expenditure in total health expenditure declines.

Q29. The percentage of Indian population in the age group of 10-24 years is approximately:
(a) 16%
(b) 21%
(c) 26%
(d) 31%
(e) 36%

S29. Ans.(c)
Sol. With around 26% of the population in the age group of 10-24 years, India stands at the cusp of a unique demographic opportunity.

Q30. The compound annual growth rate (CAGR) of the fisheries sector was:
(a) 6.7%
(b) 7.7%
(c) 8.7%
(d) 9.7%
(e) 10.7%

S30. Ans.(c)
Sol. The fisheries sector has shown the highest compound annual growth rate (CAGR) of 8.7%, followed by livestock with a CAGR of 8%.

Q31. The CAGR of social services expenditure of the government from FY21 to FY25 was:
(a) 10%
(b) 12%
(c) 15%
(d) 17%
(e) 20%

S31. Ans.(c)
Sol. The social services expenditure of the government (combined for Centre and States) increased at a compound annual growth rate of 15% from FY21 to FY25.

Q32. The domestic production of electronic goods has grown at a CAGR from FY15 to FY24 of:
(a) 15.5%
(b) 16.5%
(c) 17.5%
(d) 18.5%
(e) 19.5%

S32. Ans.(c)
Sol. The domestic production of electronic goods has grown at a CAGR of 17.5% from FY15 to FY24.

Q33. The Indian automobile domestic sales growth in FY24 was:
(a) 10.5%
(b) 11.5%
(c) 12.5%
(d) 13.5%
(e) 14.5%

S33. Ans.(c)
Sol. In FY24, the Indian automobile domestic sales grew by 12.5%.

Q34. Information and computer-related services grew at a trend rate over FY13–FY23 of:
(a) 10.8%
(b) 11.8%
(c) 12.8%
(d) 13.8%
(e) 14.8%

S34. Ans.(c)
Sol. Information and computer-related services grew at a trend rate of 12.8% over the last decade (FY13–FY23).

Q35. The tourism sector’s contribution to GDP in FY23 was:
(a) 3%
(b) 4%
(c) 5%
(d) 6%
(e) 7%

S35. Ans.(c)
Sol. The tourism sector’s contribution to GDP returned to its pre-pandemic level of 5% in FY23.

Q36. The increase in MSP for Arhar over the weighted average cost of production was:
(a) 49%
(b) 54%
(c) 59%
(d) 64%
(e) 69%

S36. Ans.(c)
Sol. For the fiscal year 2024-25, the MSP for Arhar has been increased by 59% over the weighted average cost of production.

Q37. Indian Railways’ passenger traffic growth in FY24 was:
(a) 6%
(b) 7%
(c) 8%
(d) 9%
(e) 10%

S37. Ans.(c)
Sol. Indian Railways recorded an 8% growth in passenger traffic originating in FY24.

Q38. The number of real estate projects registered under RERA by January 2025 was over:
(a) 1.18 lakh
(b) 1.28 lakh
(c) 1.38 lakh
(d) 1.48 lakh
(e) 1.58 lakh

S38. Ans.(c)
Sol. By January 2025, over 1.38 lakh real estate projects were registered under Real Estate (Regulation & Development) Act, 2016.

Q39. The growth in services export during April–November FY25 was:
(a) 10.8%
(b) 11.8%
(c) 12.8%
(d) 13.8%
(e) 14.8%

S39. Ans.(c)
Sol. India’s services export growth surged to 12.8% during April–November FY25.

Q40. The revenue-earning freight growth in Indian Railways for FY24 was:
(a) 3.2%
(b) 4.2%
(c) 5.2%
(d) 6.2%
(e) 7.2%

S40. Ans.(c)
Sol. Revenue-earning freight in FY24 grew by 5.2%.

Q41. The average container turnaround time in major ports during FY25 (Apr-Nov) was:
(a) 25.4 hours
(b) 28.4 hours
(c) 30.4 hours
(d) 32.4 hours
(e) 34.4 hours

S41. Ans.(c)
Sol. Operational efficiency improved with reduction in average container turnaround time in major ports to 30.4 hours during FY25 (Apr-Nov).

Q42. The Gini coefficient for urban areas in 2023-24 fell to:
(a) 0.264
(b) 0.274
(c) 0.284
(d) 0.294
(e) 0.304

S42. Ans.(c)
Sol. For urban areas, the Gini coefficient fell to 0.284 in 2023-24 from 0.314 in 2022-23.

Q43. The number of active space assets operated by India currently is:
(a) 46
(b) 51
(c) 56
(d) 61
(e) 66

S43. Ans.(c)
Sol. India currently operates 56 active space assets.

Q44. The year-on-year increase in renewable energy capacity of solar and wind power by December 2024 was:
(a) 13.8%
(b) 14.8%
(c) 15.8%
(d) 16.8%
(e) 17.8%

S44. Ans.(c)
Sol. A 15.8% year-on-year increase in renewable energy capacity of solar and wind power was achieved by December 2024.

Q45. The share of out-of-pocket expenditure in total health expenditure declined to:
(a) 29.4%
(b) 34.4%
(c) 39.4%
(d) 44.4%
(e) 49.4%

S45. Ans.(c)
Sol. Share of out-of-pocket expenditure in total health expenditure declined from 62.6% to 39.4%.

Q46. Number of families that gained access to piped drinking water under Jal Jeevan Mission:
(a) 8 crore
(b) 10 crore
(c) 12 crore
(d) 14 crore
(e) 16 crore

S46. Ans.(c)
Sol. Under the Jal Jeevan Mission, over 12 crore families have gained access of piped drinking water since its launch.

Q47. The number of houses completed under Pradhan Mantri Awas Yojana in urban areas:
(a) 69 lakh
(b) 79 lakh
(c) 89 lakh
(d) 99 lakh
(e) 109 lakh

S47. Ans.(c)
Sol. In urban areas, the Pradhan Mantri Awas Yojana has completed over 89 lakh houses.

Q48. The savings recorded under Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY):
(a) ₹0.75 lakh crore
(b) ₹1.00 lakh crore
(c) ₹1.25 lakh crore
(d) ₹1.50 lakh crore
(e) ₹1.75 lakh crore

S48. Ans.(c)
Sol. The AB PM-JAY has played a decisive role with over ₹1.25 lakh crore in savings being recorded.

Q49. The total resource mobilisation from primary markets (equity and debt) from April to December 2024 stands at:
(a) ₹9.1 lakh crore
(b) ₹10.1 lakh crore
(c) ₹11.1 lakh crore
(d) ₹12.1 lakh crore
(e) ₹13.1 lakh crore

S49. Ans.(c)
Sol. The total resource mobilisation from primary markets stands at ₹11.1 lakh crore from April to December 2024.

Q50. The number of villages declared ODF Plus under the model category during April to November 2024:
(a) 1.42 lakh
(b) 1.62 lakh
(c) 1.82 lakh
(d) 1.92 lakh
(e) 2.02 lakh

S50. Ans.(d)
Sol. Under Phase II of the Swachh Bharat Mission-Grameen, during April to November 2024, 1.92 lakh villages were incrementally declared ODF Plus under the model category.