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UPSC 2027 Prelims Current Affairs Quiz: India Q1 FY 2026-27 GDP, New GDP Series, GVA and National Accounts

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Sample Questions from UPSC 2027 Prelims Current Affairs Quiz: India Q1 FY 2026-27 GDP, New GDP Series, GVA and National Accounts

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Q1. With reference to India's Q1 FY 2026-27 GDP estimates, consider the following statements: 1. Real GDP grew by 7.8%. 2. Nominal GDP grew by 10.3%. 3. Real GVA grew faster than Real GDP. 4. The estimates relate to the April-June 2026 quarter. Which of the statements given above are correct?

भारत के Q1 FY 2026-27 GDP estimates के संदर्भ में निम्नलिखित कथनों पर विचार कीजिए: 1. Real GDP में 7.8% की वृद्धि हुई। 2. Nominal GDP में 10.3% की वृद्धि हुई। 3. Real GVA की वृद्धि Real GDP से अधिक रही। 4. ये estimates April-June 2026 quarter से संबंधित हैं। उपर्युक्त में से कौन-से कथन सही हैं?

A. 1 and 2 only
केवल 1 और 2

B. 1, 2 and 3 only
केवल 1, 2 और 3

C. 1, 2, 3 and 4
1, 2, 3 और 4

D. 2 and 4 only
केवल 2 और 4

Q2. India's official estimates of Gross Domestic Product are primarily compiled and released by:

भारत के official Gross Domestic Product estimates मुख्य रूप से किसके द्वारा compile और release किए जाते हैं?

A. Reserve Bank of India
भारतीय रिज़र्व बैंक

B. National Statistics Office under the Ministry of Statistics and Programme Implementation
Ministry of Statistics and Programme Implementation के अंतर्गत National Statistics Office

C. Department of Economic Affairs under the Ministry of Finance
Ministry of Finance के अंतर्गत Department of Economic Affairs

D. NITI Aayog
नीति आयोग

Q3. What is the base year of India's new National Accounts Statistics series used for the latest GDP estimates?

Latest GDP estimates के लिए प्रयुक्त भारत की नई National Accounts Statistics series का base year क्या है?

A. 2004-05
2004-05

B. 2011-12
2011-12

C. 2017-18
2017-18

D. 2022-23
2022-23

Q4. Consider the following statements regarding Real GDP and Nominal GDP: 1. Real GDP is measured using constant prices. 2. Nominal GDP is measured using current prices. 3. Nominal GDP necessarily grows more slowly than Real GDP whenever inflation is positive. 4. Real GDP is generally more useful for comparing changes in the volume of production over time. Which of the statements given above are correct?

Real GDP और Nominal GDP के संबंध में निम्नलिखित कथनों पर विचार कीजिए: 1. Real GDP को constant prices का उपयोग करके measure किया जाता है। 2. Nominal GDP को current prices का उपयोग करके measure किया जाता है। 3. Positive inflation होने पर Nominal GDP आवश्यक रूप से Real GDP से धीमी गति से बढ़ता है। 4. समय के साथ production volume में changes compare करने के लिए Real GDP सामान्यतः अधिक useful है। उपर्युक्त में से कौन-से कथन सही हैं?

A. 1 and 2 only
केवल 1 और 2

B. 1, 2 and 4 only
केवल 1, 2 और 4

C. 2, 3 and 4 only
केवल 2, 3 और 4

D. 1, 2, 3 and 4
1, 2, 3 और 4

Q5. Which one of the following correctly represents the broad relationship between GDP at market prices and GVA at basic prices?

निम्नलिखित में से कौन-सा GDP at market prices और GVA at basic prices के बीच broad relationship को सही दर्शाता है?

A. GDP = GVA - Product Taxes + Product Subsidies
GDP = GVA - Product Taxes + Product Subsidies

B. GDP = GVA + Product Taxes - Product Subsidies
GDP = GVA + Product Taxes - Product Subsidies

C. GDP = GVA + Depreciation only
GDP = GVA + केवल Depreciation

D. GDP and GVA are always identical
GDP और GVA हमेशा identical होते हैं

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