Lakshya NDA

Paper II · Part B — Economics

The Economic Survey

Exam-focused notes, visual explanation, traps, revision sheet and every mapped past NDA question.

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Core4 mapped NDA questions

Build the idea

Build exam-ready understanding by connecting the core idea, formulas or facts, worked example and previous NDA questions. Focus on why each rule works, then test it under timed conditions.

Concept

The Economic Survey is an annual document prepared by the Ministry of Finance that reviews the economy's performance over the past year and is presented just before the Union Budget.

It is authored under the Chief Economic Adviser.

Key Points & Formulas

  • Presented a day before the Union Budget.
  • Reviews growth, inflation, employment and major sectors.
  • Prepared by the Department of Economic Affairs, Ministry of Finance.
  • It is advisory — its recommendations are not binding.

Worked Example

Q. How does the Economic Survey relate to the Budget?

The Economic Survey reviews the economy's recent performance.

It is presented just before the Union Budget.

It provides the background and context for the Budget proposals.

Common traps

  • Reading the prompt too quickly and missing a qualifier.
  • Memorising the result without checking when it applies.
  • Skipping units, signs, chronology or the final reasonableness check.

NDA shortcuts

  • State the governing rule before substituting values.
  • Eliminate impossible options before doing full calculation.

One-screen revision sheet

Recall before you practise

  • Core definition
  • Most-used rule
  • One representative example

Past-paper bank

Practise every mapped question

4 NDA questions

Choose an answer before the solution appears. Option order is mixed automatically.

Question 1

NDA II 2023

Which Five Year Plan of India focused on rapid industrialization based growth process?

Question 2

NDA II 2023

Who among the following is known as the architect of Indian planning?

Question 3

NDA I 2021

As per the data up to November, 2020, released by the Union Finance Ministry, which one of the following countries ranks 1 in terms of ODI (Outward Direct Investment) for the year 2020-21?

Question 4

NDA II 2020

The call for Garibi Hatao was incorporated in