Economy is a **high-scoring, static + current hybrid subject** in UPSC Prelims, SSC, and Bank exams. These 15 Economy facts appear **year after year** — master them to secure **6+ free marks**.
1 India’s GDP growth in Q2 FY26 (July–Sept 2025) was 7.2% (NSO, Dec 2025).
2 As of December 2025, RBI’s Repo Rate is 6.25% — the rate at which RBI lends to banks.
3 CRR (Cash Reserve Ratio) = 4.5% — banks must keep this % of deposits as cash with RBI.
4 SLR (Statutory Liquidity Ratio) = 18% — banks must maintain this in govt. securities, gold, or cash.
5 NITI Aayog’s India Innovation Index 2024 was topped by Karnataka in the Major States category.
6 PLI Scheme (Production Linked Incentive) covers 14 sectors including electronics, pharma, and textiles.
7 MGNREGA guarantees 100 days of wage employment per rural household per year.
8 PM-KISAN provides ₹6,000/year in 3 equal installments to eligible farmer families.
9 India’s rank in Global Innovation Index 2024 is 36th (up from 40th in 2023).
10 Fiscal Deficit (2024–25 Budget) target is 4.9% of GDP.
11 Primary Deficit = Fiscal Deficit minus interest payments.
12 Revenue Deficit occurs when revenue expenditure > revenue receipts.
13 Monetary Policy is controlled by RBI; Fiscal Policy by Ministry of Finance.
14 Inflation in India is measured by CPI (Consumer Price Index) for monetary policy.
15 India Semiconductor Mission offers 50% fiscal support for semiconductor fab units (e.g., Micron in Gujarat).
🎯 How to Use This List
- ✅ Memorize all 15 values — numbers like “7.2%”, “6.25%”, “36th” are direct MCQ fodder.
- ✅ Link to current affairs: e.g., “Micron plant → Semiconductor Mission”.
- ✅ Revise weekly — Economy is 15–20% of UPSC Prelims GS Paper I.
Practice Economy MCQs daily with auto-updated, exam-focused questions!
→ Practice Economy MCQsNote: All data verified from RBI, NSO, Union Budget 2025, and Economic Survey 2024–25.