Practice questions

Indian Economy and Development Administration in Tamil Nadu practice questions (Group 4)

Questions 1 to 6 of 20

By TNPSC Guide editorial team · Last updated: 27.10.2026

1. Question 1

   In 2014-2015, what were the GDP growth target and actual growth respectively?

   1. A. 7.6 per cent, 8 per cent
   2. B. 7.1 per cent, 8 per cent
   3. C. 8 per cent, 7.1 per cent
   4. D. 8 per cent, 7.6 per cent
   Answer and explanation

   Correct answer: D. 8 per cent, 7.6 per cent

   In 2014-2015 the target was 8 per cent but actual growth was 7.6 per cent.

   Source: பொருளியல், மேல்நிலை முதலாம் ஆண்டு, தமிழ் வழி (Economics, Standard XI, Tamil medium; Samacheer Kalvi) (இயல் 7 இந்தியப் பொருளாதாரம், p. 171 (PDF p. 177))

2. Question 2

   Which is NOT among the indices the textbook gives for measuring people's standard of living?

   1. A. The Human Development Index (HDI)
   2. B. The Physical Quality of Life Index (PQLI)
   3. C. The Gross National Happiness Index (GNHI)
   4. D. The Consumer Price Index
   Answer and explanation

   Correct answer: D. The Consumer Price Index

   The textbook names the HDI, PQLI and GNHI as measures of living standards.

   Source: பொருளியல், மேல்நிலை முதலாம் ஆண்டு, தமிழ் வழி (Economics, Standard XI, Tamil medium; Samacheer Kalvi) (இயல் 7 இந்தியப் பொருளாதாரம், p. 168 (PDF p. 174))

3. Question 3

   What is the total money value of goods and services produced in a country in a year called?

   1. A. Per capita income
   2. B. Gross Domestic Product (GDP)
   3. C. Inflation
   4. D. Gross National Happiness
   Answer and explanation

   Correct answer: B. Gross Domestic Product (GDP)

   GDP is the total money value of goods and services produced in a given period, usually a year.

   Source: பொருளியல், மேல்நிலை முதலாம் ஆண்டு, தமிழ் வழி (Economics, Standard XI, Tamil medium; Samacheer Kalvi) (இயல் 7 இந்தியப் பொருளாதாரம், p. 168 (PDF p. 174))

4. Question 4

   Assertion [A]: NITI Aayog was set up on 1 January 2015. Reason [R]: NITI Aayog fosters competitive federalism by ranking states.

   1. A. [A] is true but [R] is false
   2. B. Both [A] and [R] are true but [R] is not the correct explanation of [A]
   3. C. [A] is false but [R] is true
   4. D. Both [A] and [R] are true and [R] is the correct explanation of [A]
   Answer and explanation

   Correct answer: B. Both [A] and [R] are true but [R] is not the correct explanation of [A]

   Both are true per the textbook, but ranking states does not explain the date NITI Aayog was set up.

   Source: பொருளியல், மேல்நிலை இரண்டாம் ஆண்டு, தமிழ் வழி (Economics, Standard XII, Tamil medium; Samacheer Kalvi) (இயல் 11 பொருளாதார மேம்பாடும் திட்டமிடலும், p. 291 (PDF p. 297))

5. Question 5

   When was the Planning Commission of India set up?

   1. A. 6 April 1948
   2. B. 1 January 2015
   3. C. 1 April 1951
   4. D. 15 March 1950
   Answer and explanation

   Correct answer: D. 15 March 1950

   The 1948 industrial policy recommended a central planning body; the Planning Commission was set up on 15 March 1950 and the first plan began on 1 April 1951.

   Source: பொருளியல், மேல்நிலை இரண்டாம் ஆண்டு, தமிழ் வழி (Economics, Standard XII, Tamil medium; Samacheer Kalvi) (இயல் 11 பொருளாதார மேம்பாடும் திட்டமிடலும், p. 284 (PDF p. 290))

6. Question 6

   When did India's first plan period begin?

   1. A. 15 March 1950
   2. B. 1 April 1951
   3. C. 1 April 1956
   4. D. 15 August 1947
   Answer and explanation

   Correct answer: B. 1 April 1951

   The Planning Commission was set up on 15 March 1950 and the first plan began on 1 April 1951.

   Source: பொருளியல், மேல்நிலை இரண்டாம் ஆண்டு, தமிழ் வழி (Economics, Standard XII, Tamil medium; Samacheer Kalvi) (இயல் 11 பொருளாதார மேம்பாடும் திட்டமிடலும், p. 284 (PDF p. 290))