Economy Mains Questions UPSC – Economics PYQ UPSC Mains [2022 – 2013]

By Balaji

Updated on: March 12th, 2023

Economy Mains Questions UPSC can be tough to answer. However, if you have practised the previous year’s questions properly, and followed the pattern, then it would be easier for you to deal with this subject. Economy PYQ UPSC Mains must be analyzed by the candidates so that they can come up with a solid preparation strategy and make the best use of their time. In this article, we will be covering the previous year’s Economy Mains Questions UPSC with answers.

If you are preparing for the UPSC Prelims and Mains simultaneously, check out Economy UPSC Mains questions asked in the last few years. Make sure you practice them well enough to get the best out of your preparation time.

Table of content

  • 1. Economy Mains Questions UPSC (more)
  • 2. Economy PYQ UPSC Mains (more)
  • 3. Previous Year Economy Questions UPSC Mains (2022) (more)
  • 4. Economy Mains Questions UPSC 2021 (more)
  • 5. Economy Questions in UPSC Mains 2020 (more)
  • 6. Economics Mains Questions Trend (more)
  • 7. How to Prepare for Economy Mains Questions UPSC? (more)

Economy Mains Questions UPSC

The General Studies 3 paper of the UPSC Mains Syllabus includes the Economics section. Candidates need to know the types of economics questions asked in this paper. To help out the candidates below, we have provided a PDF of the Economy Mains Questions UPSC from 2013 to 2021 below.

Economy PYQ UPSC Mains

Mains is the most important phase of the UPSC Exam, and marks scored in it would decide whether a candidate will get selected or not. As UPSC Mains is descriptive in nature, candidates need to practice answer-writing. Going through the Economy PYQ UPSC Mains would help the candidate to figure out the types of questions they need to practice. Below we have covered all the Economy Questions in UPSC Mains for the last few years including the trends of questions in the last 10 years.

Previous Year Economy Questions UPSC Mains (2022)

As you must know, the UPSC Mains 2022 exam was conducted from 16 September to 25 September 2022. The Economy previous year questions UPSC Mains for the year 2022 are as follows:

  • What are the major challenges of the Public Distribution System (PDS) in India? How can it be made effective and transparent?
  • Is inclusive growth possible in a market economy? State the significance of financial inclusion in achieving economic growth in India.
  • “Economic growth in the recent past has been led by an increase in labour productivity”.Explain this statement. Suggest the growth pattern that will lead to the creation of more jobs without compromising labour productivity.
  • Why is Public Private Partnership (PPP) required in Infrastructural projects? Examine the role of the PPP model in the redevelopment of Railway Stations in India.

Economy Mains Questions UPSC 2021

The UPSC Mains Economy Questions 2021 are given below.

  1. How did land reforms in some parts of the country help to improve the socio-economic conditions of marginal and small farmers?
  2. Discuss how emerging technologies and globalisation contribute to money laundering. Elaborate measures to tackle the problem of money laundering both at national and international levels.
  3. Distinguish between Capital Budget and Revenue Budget. Explain the components of both these Budgets.
  4. “Investment in infrastructure is essential for more rapid and inclusive economic growth.” Discuss in light of India’s experience.

Economy Questions in UPSC Mains 2020

The economy questions asked in the UPSC Mains 2020 are given below.

  1. Explain intra-generational and inter-generational issues of equity from the perspective of inclusive growth and sustainable development.
  2. Explain the meaning of investment in an economy in terms of capital formation. Discuss the factors to be considered while designing a concession agreement between a public entity and a private entity.
  3. Define potential GDP and explain its determinants. What are the factors that have been inhibiting India from realising its potential GDP?
  4. Explain the rationale behind the Goods and Services Tax (Compensation to States) Act of 2017. How has COVID-19 impacted the GST compensation fund and created new federal tensions?

Economics Mains Questions Trend

The number of Economy questions asked in the UPSC Mains in the last five years has stayed almost the same. Going through the past trend would help you figure out the number of questions that can appear in the upcoming year. Below we will be mentioning how many economic questions have been asked in the UPSC Mains in the past nine years.

Year Economy Mains Questions UPSC – Number of Questions
2021 5
2020 4
2019 4
2018 5
2017 6
2016 6
2015 6
2014 7
2013 11

How to Prepare for Economy Mains Questions UPSC?

The GS 3 Syllabus includes the economics section, and considering the difficulty level of the UPSC Mains; candidates would need a solid preparation strategy to score good marks. Candidates only get a limited period of time for their preparation, and below we have shared a preparation strategy on how to use that time in the best possible way.

  • Started with understanding the concepts clearly. If you don’t understand the concepts, then attempting UPSC Mains economics questions would be a tough job.
  • NCERTs are the best sources to build a foundation, and with time you can refer to standard UPSC Books.
  • Go through the economic survey, India yearbook, and Economic & Political weekly.
  • Examine the questions related to the Indian Economy for Mains properly to understand the nature of the question.
  • Practice answer writing as it would help you immensely with your time management during exams, and you will be able to represent the answer in a clearer manner.
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