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Question No. 5Interactive Test Mode
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Q5. With reference to Indian economy, consider the following statements: 1. The Gross Domestic Product (GDP) has increased by four times in the last 10 years. 2. The percentage share of the Public Sector in GDP has declined in the last 10 years. Which of the statements given above is/ are correct?

With reference to Indian economy, consider the following statements:

  1. The Gross Domestic Product (GDP) has increased by four times in the last 10 years.
  2. The percentage share of the Public Sector in GDP has declined in the last 10 years. Which of the statements given above is/ are correct?
Select the correct option below (or cross out options to eliminate)

Official Answer Key & Detailed Solution

Ready to check the official UPSC Answer Key?

Click any option above to test yourself under exam conditions, or reveal the explanation directly.

Official UPSC Answer KeyUPSC Prelims 2010 • Indian Economy

Correct Answer: Option (B) — 2 only

Concept & Option Breakdown

Standard Reference Verified
  • Statement 1 is incorrect: India's nominal GDP grew roughly 2.5 to 3 times between 2000 and 2010 (from ~$468 billion to ~$1.7 trillion), falling short of a fourfold increase.
  • Statement 2 is correct: Due to post-1991 liberalization, privatization, disinvestment, and the rapid expansion of the private sector, the relative percentage contribution of the public sector to total GDP steadily decreased during this decade.
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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2010 (Q5)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicIndian Economy → Indian Economic Planning & Growth
Official Answer KeyOption (B) — (b) 2 only

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Frequently Asked Questions — UPSC Prelims 2010 Q5

What is the official answer for UPSC Prelims 2010 GS Paper I Question 5 (Indian Economy)?

The official UPSC answer key for this 2010 Indian Economy (Indian Economic Planning & Growth) question is Option (B): "(b) 2 only". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2010 question belong to?

This question belongs to GS Paper I under the subject "Indian Economy" and micro-topic "Indian Economic Planning & Growth". You can explore all repeated questions from Indian Economic Planning & Growth in Acme AI's 3D Prelims PYQ Realm or practice 50 full-length and sectional tests in the APT Prelims Test Series.

How can I solve this Indian Economic Planning & Growth UPSC Prelims question using option elimination?

To solve Indian Economic Planning & Growth questions in UPSC Prelims, identify extreme modifiers, verify core NCERT conceptual definitions, and eliminate mutually contradictory statement pairs before locking your final option.

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