Economic trends in Tamil Nadu

PART-A Unit-V: Indian Economy and Development Administration in Tamil Nadu

Previous Year Questions (PYQ) for this topic

Every TNPSC question asked from this topic, compiled as a PDF. · PDF 2.9 MB

Economic Trends of Tamil Nadu - Previous Year Question (PYQ) Points

  • NSDP stands for Net State Domestic Product [1].
  • Economic estimates of Tamil Nadu for the year 2022-23:
    • Nominal GSDP growth: 14.0 percent.
    • Fiscal deficit: 3.63 percent of GSDP.
    • Outstanding debt: 27.76 percent of GSDP (All statements are correct) [1].
  • Due to the COVID-19 situation, the net borrowing ceiling of States was enhanced to 5 percent of GSDP in 2021 [1].
  • According to a particular question (No. 132), Tamil Nadu is marked as the 11th largest economy and the 6th most populous state in India (Note: Economic size ranking varies in other questions, but 6th in population is correct) [1].
  • Tamil Nadu ranks Second in its contribution to India’s Gross Domestic Product (GDP) [1].
  • As per 2020-21 data, the sector contributing the highest share to Tamil Nadu’s GSDP is the Services sector [1].
  • Measures taken by the Tamil Nadu Government to attract Foreign Direct Investment (FDI) (All are correct):
    • A High-Level Committee headed by the Chief Secretary.
    • Dedicated divisions in the Tamil Nadu Industrial Guidance Bureau.
    • Single Window Clearance System.

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