MPSC PYQ

Innovation in Economy

Innovation in Economy is a Economy concept from the MPSC syllabus, tested in 2 past MPSC questions (2015, 2024). Below are those real questions with their correct answers and explanations, plus the concepts worth being comfortable with first.

Real questions
2
Years tested
2 · 2015–2024
In context
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What you need to know first

Basic EconomicsEnvironment and development conceptsIndian Economy OverviewBasic Sustainable Development Concepts

Real questions that test this

पुढीलपैकी कोणते विधान चुकीचे आहे ? (a) आता पर्यंत आपण नवताकडे पुरेसे लक्ष पुरवीत नव्हतो. (b) लोकांच्या सहभागानेच आपण शाश्वत विकास गाठू शकू. Which of the following statement is incorrect ? (a) So far we have not paid enough attention to innovation. (b) Only with People's participation we can achieve sustainable development.

(a)आता पर्यंत आपण नवताकडे पुरेसे लक्ष पुरवीत नव्हतो. / So far we have not paid enough attention to innovation.

(b)लोकांच्या सहभागानेच आपण शाश्वत विकास गाठू शकू. / Only with People's participation we can achieve sustainable development.

1)फक्त (a) / Only (a)✓ Correct
2)फक्त (b) / Only (b)
3)कोणतेही नाही / None
4)दोन्ही (a) व (b) / Both (a) and (b)

Statement (a) is incorrect because innovation has been a continuous focus, while statement (b) is correct as people's participation is vital for sustainable development.

पुढीलपैकी कोणते विधान योग्य आहे ? / Which of the following statements is/are correct ?

(a)विना नवता आपण विकास साधू शकत नाही. / Without innovation, we cannot progress.

(b)आत्ता पर्यंत भारताचा विकास सर्वंकष नव्हता. / So far the development in India was not inclusive (all encompassing).

1)फक्त अ / a only
2)फक्त ब / b only
3)कोणतेही नाही / Neither
4)दोन्ही अ व ब / Both a and b✓ Correct

Innovation is the driver of modern economic progress, and historical economic growth in India has faced inclusivity challenges, making both statements correct.

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