2000 General Studies, all questions
UPSC Prelims 2000 · General Studies
Question 63: Economy and Social Development
The new Gross Domestic Product (GDP) series released by the Central Statistical Organisation (CSO) in February 1999 is with reference to base price of
a1991-92
b1992-93
c1993-94
d1994-95
AnswerThe answer is (c).
In February 1999 the Central Statistical Organisation released a new GDP series with 1993-94 as the base year, replacing the earlier series based on 1980-81. The base year is revised every few years to reflect the changing structure of the economy; later revisions moved it to 2004-05 and then 2011-12.
Why each option is right or wrong
- (a) 1991-92 was not the base of the series released in February 1999.
- (b) 1992-93 was not the base of that series.
- (c) Right: the series released in 1999 had 1993-94 as the base year.
- (d) 1994-95 was not the base of that series.
Explanation: written by UPSC Grade, not by UPSC.
Source: UPSC, Civil Services (Preliminary) Examination 2000, General Studies. UPSC's own paper isn't online; the words are from a published compilation. The paper on upsc.gov.in.