CLAT GurukulSamudraManthan

Topic 161 · Answers

Economic Survey 2025-26

All 10 answers, each with its Book 1 RATNA fact. Try the questions first

  1. Question 1Answer B

    On which date was the Economic Survey 2025-26 tabled in Parliament?

    • 31 January 2026
    • Correct answer: 30 January 2026
    • 29 January 2026
    • 1 February 2026

    Core Trigger: The Economic Survey 2025-26 was tabled in Parliament on 30 January 2026, two days before the Budget.From Book 1 RATNA, topic 161, point 1

  2. Question 2Answer C

    What growth did the Survey project for 2026-27?

    • 6.0 to 6.5 per cent
    • 7.5 to 8.0 per cent
    • Correct answer: 6.8 to 7.2 per cent
    • 5.8 to 6.2 per cent

    Growth Outlook: It projected growth of 6.8 to 7.2 per cent for 2026-27 and put potential growth at about 7 per cent.From Book 1 RATNA, topic 161, point 2

  3. Question 3Answer D

    Who is the Chief Economic Adviser heading the Survey team?

    • Raghuram Rajan
    • Arvind Subramanian
    • Kaushik Basu
    • Correct answer: V. Anantha Nageswaran

    Current Head: The Chief Economic Adviser, V. Anantha Nageswaran, heads the team that prepares the Survey.From Book 1 RATNA, topic 161, point 3

  4. Question 4Answer C

    What did the Survey warn about regarding State finances?

    • Excess capital spending
    • Falling GST collections
    • Correct answer: Fiscal populism in States
    • Rising public sector borrowing

    Warning: The Survey warned about fiscal populism in States, flagging pressure on State finances.From Book 1 RATNA, topic 161, point 4

  5. Question 5Answer A

    Consider: 1. CPI inflation was recorded at 1.7 per cent. 2. Revenue-surplus States rose from 11 to 19. Which is/are correct?

    • Correct answer: Only 1
    • Only 2
    • Both 1 and 2
    • Neither

    Data: CPI inflation was recorded at 1.7 per cent; revenue-surplus States fell from 19 to 11.From Book 1 RATNA, topic 161, point 5

  6. Question 6Answer B

    Which body prepares the Economic Survey?

    • Budget Division, Department of Expenditure
    • Correct answer: Economic Division, Department of Economic Affairs
    • Policy Division, Department of Revenue
    • Planning Division, NITI Aayog

    Prepared By: It is prepared by the Economic Division of the Department of Economic Affairs, Ministry of Finance.From Book 1 RATNA, topic 161, point 6

  7. Question 7Answer D

    From where does the Economic Division work?

    • Shastri Bhawan, New Delhi
    • Nirman Bhawan, New Delhi
    • Krishi Bhawan, New Delhi
    • Correct answer: North Block, New Delhi

    Prepared At: The Economic Division works from North Block, New Delhi.From Book 1 RATNA, topic 161, point 8

  8. Question 8Answer B

    The first Economic Survey appeared in which year?

    • 1947-48
    • Correct answer: 1950-51
    • 1956-57
    • 1964-65

    Founded: The first Economic Survey appeared in 1950-51; since 1964 it has been presented separately from the Budget.From Book 1 RATNA, topic 161, point 9

  9. Question 9Answer C

    What is the Survey's constitutional status?

    • Required by Article 112 of the Constitution
    • Required by Article 280 of the Constitution
    • Correct answer: Convention only; no constitutional mandate
    • Required by the Finance Commission Act

    Convention: The Survey has no constitutional mandate; by convention it is tabled a day or more before the Budget.From Book 1 RATNA, topic 161, point 10

  10. Question 10Answer A

    Consider: 1. A revenue surplus occurs when revenue receipts exceed revenue expenditure. 2. The opposite is called a fiscal deficit. Which is/are correct?

    • Correct answer: Only 1
    • Only 2
    • Both 1 and 2
    • Neither

    Doctrine: A revenue surplus occurs when revenue receipts exceed revenue expenditure; the opposite is a revenue deficit.From Book 1 RATNA, topic 161, point 12

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