IES ISS 2024 General Economics Paper III Question Paper PDF
- Year 2024
- Conducted By UPSC
- Maximum Marks 200
- Duration Three Hours
- Languages English
Exam Details
| Detail | Information |
|---|---|
| Examination | Indian Economic Service - Indian Statistical Service Examination |
| Year | 2024 |
| Conducting Body | UPSC |
| Paper | General Economics Paper - III |
| Subject | General Economics |
| Duration | Three Hours |
| Maximum Marks | 200 |
| Question Type | Mixed |
This is the General Economics Paper - III from the Indian Economic Service - Indian Statistical Service Examination conducted by UPSC in 2024. The paper is divided into three sections, with Section-A being compulsory. It contains a mix of objective and descriptive questions, with specific instructions on the number of questions to attempt in each section and word limits. This paper is crucial for aspirants preparing for the IES and ISS examinations, offering insights into the types of questions and topics covered in General Economics.
Major Topics Covered
- Optimum tax rate
- Environmental valuation
- Hedonistic method
- Market concentration
- Investment decisions
- State and market complementarity
- Balanced budget
- Public expenditure growth
- Adolph Wagner's hypothesis
- Social cost-benefit analysis
- Public investment decision
- Hotelling's theory of non-renewable resources
- Optimal allocation of non-renewable resources
- Climate change and economic development
- Profitability meaning and measurement
Why This Paper is Important
- Useful for Indian Economic Service - Indian Statist 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 2023 General Economics Paper III
- IES ISS 2024 General Economics Paper I
- IES ISS 2024 General Economics Paper II
- UPSC Economics Optional Previous Year Papers
- IES ISS 2024 General Economics Paper III Answer Key
- IES ISS 2024 Syllabus
- UPSC Economics Syllabus
- IES ISS 2024 Exam Pattern
Instructions
- There are SIXTEEN questions divided in 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.
- Wherever any assumptions are made for answering a question, they must be clearly indicated.
- Diagrams/Figures, wherever required, shall be drawn in the space provided for answering the question itself.
- Unless otherwise mentioned, symbols and notations have their usual standard meanings.
- 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)
Q2. What do you mean by balanced budget?
Q3. Give a theoretical analysis of the growth of the public expenditure in terms of Adolph Wagner's hypothesis. What are the criticisms levelled against it?
Q4. Critically examine the role of social cost-benefit analysis in the context of formulating a public investment decision.
Q5. Explain the Hotelling's theory of non-renewable resources and in this context, explain how optimal allocation of non-renewable resources may be achieved.
Q6. How is climate change altering the pursuit of economic development in the Global South?
Q7. Discuss the meaning and measurements of profitability. What is the difference between profitability and profit?
Question paper preview
Scanned pages 1–2 for reference. Download the official PDF for the full paper.
Free question paper download
Download question paper PDF
Your download starts in 10s
Preparing your question paper file…
Frequently asked questions
What is the name of the exam?
The exam is the Indian Economic Service - Indian Statistical Service Examination.
Which paper is this question paper for?
This is for General Economics Paper - III.
What is the conducting body?
The conducting body is UPSC.
What is the year of the examination?
The year is 2024.
How many sections are there in the paper?
There are THREE sections in the paper.
Is Section-A compulsory?
Yes, the ONLY question in Section-A is compulsory.