IES ISS 2024 General Economics Paper II Question Paper PDF

Central Government Jobs Other Jobs 2024

  • Year 2024
  • Conducted By UPSC
  • Maximum Marks 200
  • Duration Three Hours
  • Languages English

Exam Details

Detail Information
Examination IES/ISS Examination
Year 2024
Conducting Body UPSC
Paper General Economics Paper - II
Subject General Economics
Duration Three Hours
Maximum Marks 200
Question Type Descriptive / Subjective

This is the General Economics Paper II from the IES/ISS Examination conducted by UPSC in 2024. The paper is designed to assess candidates' understanding of advanced economic concepts. It consists of descriptive questions divided into three sections, with specific instructions on the number of questions to be attempted from each section. Candidates are required to write concise answers in English, adhering to word limits. This paper is crucial for aspirants aiming to qualify for the Indian Economic Service (IES) and Indian Statistical Service (ISS) posts.

Major Topics Covered

  • Mercantilism
  • State Socialism
  • Real GDP
  • Nominal GDP
  • Economic Performance Indicators
  • Keynesian Revolution
  • Unemployment
  • Trade Creation
  • Trade Diversion
  • Customs Union
  • Current Account
  • Capital Account
  • Balance of Payments
  • Derivative Market

Why This Paper is Important

  • Useful for IES/ISS Examination preparation
  • Helps understand the latest exam pattern
  • Useful for practice and self-assessment
  • Covers frequently asked General Studies topics
  • Helpful for analysing question trends

Related Resources

  • IES/ISS Examination 2023 General Economics Paper II
  • IES/ISS Examination 2024 General Economics Paper I
  • UPSC Civil Services Exam 2024 Economics Optional Paper
  • IES/ISS Examination 2024 General Economics Paper II Answer Key
  • UPSC IES ISS 2024 Economics Paper II Solutions
  • IES/ISS Examination Syllabus
  • General Economics Syllabus for UPSC Exams
  • UPSC Economics Optional Syllabus

Instructions

  • There are SIXTEEN questions divided under THREE sections.
  • The ONLY question in Section A is compulsory.
  • In Section B, SIX out of NINE questions are to be attempted.
  • In Section C, FOUR out of SIX questions are to be attempted.
  • Candidates should attempt questions/parts as per the instructions given in the sections.
  • The number of marks carried by a question / part is indicated against it.
  • Candidates are required to write clear, legible and concise answers and to adhere to word limits, wherever indicated.
  • Failure to adhere to word limits may be penalized.
  • Attempts of questions shall be counted in sequential order.
  • Unless struck off, attempt of a question shall be counted even if attempted partly.
  • Any page or portion of the page left blank in the Question-cum-Answer (QCA) Booklet must be clearly struck off.
  • Answers must be written in ENGLISH only.

Questions (page 2)

Q1. 21/2 + 21/2 (a) Distinguish between Mercantilism and State Socialism. Explain the concepts of Real GDP and Nominal GDP. Which is a better (b) indicator to measure economic performance of a country? 3 + 2 The origins of Keynesian Revolution can be found in the problem of (c) unemployment. Explain. 5 ALLEY DESCRIPTION (d) State and explain the trade creation and trade diversion effects of 21/2 + 21/2 Customs Union. (e) Explain how Current Account in Balance of Payments is different from 21/2 + 21/2 Capital Account. What is a Derivative Market ? Explain the merits and demerits of (f) derivative market. 2 + 3 \overline{2} SGSE-M-GNM

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IES ISS 2024 General Economics Paper II question paper page 1 instructions scan PDF download UPSC exam paper
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IES ISS 2024 General Economics Paper II question paper page 1 instructions scan PDF download UPSC exam paper

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Frequently asked questions

What is the name of the exam?

The exam is the IES/ISS Examination.

Which paper is this question paper for?

This is for General Economics Paper - II.

What is the conducting body?

The conducting body is UPSC.

What is the year of the examination?

The year is 2024.

What is the question paper code visible?

The visible paper code is SGSE-M-GNM.

What is the subject of this paper?

The subject is General Economics.

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