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APPSC (Andhra Pradesh) Exam  >  APPSC (Andhra Pradesh) Tests  >  APPSC State Specific Preparation Course  >  Test: Highlights of Economic Survey 2022-23 - APPSC (Andhra Pradesh) MCQ

Test: Highlights of Economic Survey 2022-23 - APPSC (Andhra Pradesh) MCQ


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10 Questions MCQ Test APPSC State Specific Preparation Course - Test: Highlights of Economic Survey 2022-23

Test: Highlights of Economic Survey 2022-23 for APPSC (Andhra Pradesh) 2024 is part of APPSC State Specific Preparation Course preparation. The Test: Highlights of Economic Survey 2022-23 questions and answers have been prepared according to the APPSC (Andhra Pradesh) exam syllabus.The Test: Highlights of Economic Survey 2022-23 MCQs are made for APPSC (Andhra Pradesh) 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Highlights of Economic Survey 2022-23 below.
Solutions of Test: Highlights of Economic Survey 2022-23 questions in English are available as part of our APPSC State Specific Preparation Course for APPSC (Andhra Pradesh) & Test: Highlights of Economic Survey 2022-23 solutions in Hindi for APPSC State Specific Preparation Course course. Download more important topics, notes, lectures and mock test series for APPSC (Andhra Pradesh) Exam by signing up for free. Attempt Test: Highlights of Economic Survey 2022-23 | 10 questions in 10 minutes | Mock test for APPSC (Andhra Pradesh) preparation | Free important questions MCQ to study APPSC State Specific Preparation Course for APPSC (Andhra Pradesh) Exam | Download free PDF with solutions
Test: Highlights of Economic Survey 2022-23 - Question 1
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What is the projected Gross State Domestic Product (GSDP) of Andhra Pradesh for the fiscal year 2022-23?

Detailed Solution for Test: Highlights of Economic Survey 2022-23 - Question 1
The projected Gross State Domestic Product (GSDP) of Andhra Pradesh for the fiscal year 2022-23 is Rs 13,17,728 crore. This marks a significant increase from the previous year and showcases the impressive growth rate the state has achieved. This growth is indicative of the state's economic progress and development initiatives.
Test: Highlights of Economic Survey 2022-23 - Question 2
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Who unveiled the findings of the AP socio-economic survey for 2022-23?

Detailed Solution for Test: Highlights of Economic Survey 2022-23 - Question 2
The findings of the AP socio-economic survey for 2022-23 were unveiled by Chief Minister YS Jagan Mohan Reddy. This unveiling signifies the state government's commitment to transparency and accountability in sharing important socio-economic data with the public. It also highlights the leadership's focus on informed decision-making based on comprehensive surveys and analyses.
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Test: Highlights of Economic Survey 2022-23 - Question 3
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What is the percentage increase in the Gross State Domestic Product (GSDP) of Andhra Pradesh from the previous year to 2022-23?

Detailed Solution for Test: Highlights of Economic Survey 2022-23 - Question 3
The Gross State Domestic Product (GSDP) of Andhra Pradesh has seen a notable percentage increase of 16.22% from the previous year to 2022-23. This substantial growth rate reflects the state's economic vibrancy and potential for further development and prosperity. It showcases the effectiveness of economic policies and initiatives undertaken to boost the state's GDP.
Test: Highlights of Economic Survey 2022-23 - Question 4
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Which department released the information about Andhra Pradesh's impressive growth rate and projected Gross State Domestic Product for 2022-23?
Detailed Solution for Test: Highlights of Economic Survey 2022-23 - Question 4
The State Planning Department released the information regarding Andhra Pradesh's remarkable growth rate and the projected Gross State Domestic Product (GSDP) for the fiscal year 2022-23. This department plays a crucial role in formulating and implementing economic plans and policies that contribute to the state's overall development and prosperity.
Test: Highlights of Economic Survey 2022-23 - Question 5
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What was the growth rate of the agriculture sector in the year 2020-21 according to the State Economic Survey?
Detailed Solution for Test: Highlights of Economic Survey 2022-23 - Question 5
The agriculture sector achieved a remarkable growth rate of 10.72% in the year 2020-21 as highlighted in the State Economic Survey. This growth signifies the significant progress and development in the agriculture sector during that period.
Test: Highlights of Economic Survey 2022-23 - Question 6
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Which sector witnessed the highest growth rate among all the sectors mentioned in the State Economic Survey?
Detailed Solution for Test: Highlights of Economic Survey 2022-23 - Question 6
The Trade and hotels sector flourished with the highest growth rate of 16.64% among all the sectors mentioned in the State Economic Survey. This sector's exceptional growth indicates its substantial contribution to the economic development and prosperity during the period under review.
Test: Highlights of Economic Survey 2022-23 - Question 7
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What was the percentage increase in Per Capita Income for Andhra Pradesh from 2021-22 to 2022-23?
Detailed Solution for Test: Highlights of Economic Survey 2022-23 - Question 7
The Per Capita Income of Andhra Pradesh surged by Rs. 26,931, marking a substantial increase from Rs. 1,92,587 in 2021-22 to Rs. 2,19,518 in 2022-23. This increase represents a percentage growth of approximately 13.97% within just one year, reflecting positive economic trends in the region.
Test: Highlights of Economic Survey 2022-23 - Question 8
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Which sector in the industry category reported the lowest growth rate according to the State Economic Survey?
Detailed Solution for Test: Highlights of Economic Survey 2022-23 - Question 8
The Manufacturing sector recorded a growth rate of 4.82%, which was the lowest among the industry sectors mentioned in the State Economic Survey. Despite this, the sector's growth contributes significantly to industrial output and economic activities, albeit at a slightly slower pace compared to other industry segments.
Test: Highlights of Economic Survey 2022-23 - Question 9
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Which of the following is a characteristic feature of a monopolistic competition market structure?
Detailed Solution for Test: Highlights of Economic Survey 2022-23 - Question 9
Monopolistic competition is characterized by a large number of firms selling differentiated products, leading to non-price competition. Unlike a monopoly, entry and exit of firms are relatively easy in the long run in a monopolistic competition market structure. This ease of entry and exit allows for adjustments in the number of firms based on profits and losses within the market.
Test: Highlights of Economic Survey 2022-23 - Question 10
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What does the term "photosynthesis" refer to in the field of biology?
Detailed Solution for Test: Highlights of Economic Survey 2022-23 - Question 10
Photosynthesis is the biological process by which green plants, algae, and some bacteria convert light energy into chemical energy stored in glucose. This process involves capturing light energy using chlorophyll and other pigments to convert carbon dioxide and water into glucose and oxygen. Photosynthesis is vital for the survival of plants and the production of oxygen in the atmosphere.
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