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Topic 161 · Economy, Budget & Banking

Economic Survey 2025-26

10 MCQs · tap an option to check it · All answers

Revise the 12 points first Book 1 RATNA
  1. Core Trigger: The Economic Survey 2025-26 was tabled in Parliament on 30 January 2026, two days before the Budget.
  2. 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.
  3. Current Head: The Chief Economic Adviser, V. Anantha Nageswaran, heads the team that prepares the Survey.
  4. Warning: The Survey warned about fiscal populism in States, flagging pressure on State finances.
  5. Data: CPI inflation was recorded at 1.7 per cent; revenue-surplus States fell from 19 to 11.
  6. Prepared By: It is prepared by the Economic Division of the Department of Economic Affairs, Ministry of Finance.
  7. India Link: Its assessment of growth, inflation and State finances frames the Union Budget presented on 1 February 2026.
  8. Prepared At: The Economic Division works from North Block, New Delhi.
  9. Founded: The first Economic Survey appeared in 1950-51; since 1964 it has been presented separately from the Budget.
  10. Convention: The Survey has no constitutional mandate; by convention it is tabled a day or more before the Budget.
  11. Articles: Article 112 requires only the annual financial statement; the Survey is not a constitutional requirement.
  12. Doctrine: A revenue surplus occurs when revenue receipts exceed revenue expenditure; the opposite is a revenue deficit.
Question 1 of 10

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

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Answer: (B) 30 January 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

Question 2 of 10

What growth did the Survey project for 2026-27?

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Answer: (C) 6.8 to 7.2 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

Question 3 of 10

Who is the Chief Economic Adviser heading the Survey team?

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Answer: (D) 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

Question 4 of 10

What did the Survey warn about regarding State finances?

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Answer: (C) Fiscal populism in States

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

Question 5 of 10

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

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Answer: (A) Only 1

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

Question 6 of 10

Which body prepares the Economic Survey?

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Answer: (B) Economic Division, Department of Economic Affairs

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

Question 7 of 10

From where does the Economic Division work?

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Answer: (D) North Block, New Delhi

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

Question 8 of 10

The first Economic Survey appeared in which year?

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Answer: (B) 1950-51

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

Question 9 of 10

What is the Survey's constitutional status?

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Answer: (C) Convention only; no constitutional mandate

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

Question 10 of 10

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

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Answer: (A) Only 1

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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