UPSC Prelims Practice Questions — New reality

Question 1

The Ministry of Statistics and Programme Implementation has stated that 2022-23 was selected as the new base year for the GDP series primarily because it is the first:

Accepted Answer

post-COVID normal year with robust cross-sector data availability

Answer

post-liberalisation normal year with comprehensive sectoral data

Answer

post-GST normal year following demonetisation

Answer

post-pandemic year coinciding with the FRBM target reset

Question 2

In the new GDP series with base year 2022-23, approximately how many granular-level Consumer Price Index (CPI) items are used as deflators?

Accepted Answer

Over 260

Answer

Over 100

Answer

Over 180

Answer

Over 400

Question 3

Which one of the following is the nodal central agency that released the new series of GDP estimates with base year 2022-23 in February 2026?

Accepted Answer

Ministry of Statistics and Programme Implementation

Answer

Reserve Bank of India

Answer

NITI Aayog

Answer

Department of Economic Affairs, Ministry of Finance

Question 4

Prior to the 2022-23 revision, the immediately preceding base year of India's GDP series (2011-12) was officially adopted and released in:

Accepted Answer

January 2015

Answer

January 2013

Answer

January 2018

Answer

January 2020

UPSC Prelims Practice Questions — New reality

Q1. The Ministry of Statistics and Programme Implementation has stated that 2022-23 was selected as the new base year for the GDP series primarily because it is the first:

Q2. In the new GDP series with base year 2022-23, approximately how many granular-level Consumer Price Index (CPI) items are used as deflators?

Q3. Which one of the following is the nodal central agency that released the new series of GDP estimates with base year 2022-23 in February 2026?

Q4. Prior to the 2022-23 revision, the immediately preceding base year of India's GDP series (2011-12) was officially adopted and released in: