Indian EconomyPYQ - New SyllabusQuestion 185 of 20
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GST was implemented in India on:

Options

A1st Jan 2017
B1st April 2017
C1st July 2017
D1st July 2018
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Correct Answer

Option c1st July 2017

All Options:

  • A1st Jan 2017
  • B1st April 2017
  • C1st July 2017
  • D1st July 2018

About This Chapter: Indian Economy

Paper

Paper 4: Business Economics

Weightage

10%

Key Topics

History, Sectors, Current Scenario

This chapter provides an overview of the Indian economy — its historical evolution, the economic reforms of 1991 (LPG: Liberalization, Privatization, Globalization), and the current structure of agriculture, industry, and services sectors. Students learn about India's growth trajectory and key economic indicators.

View Official ICAI Syllabus

Exam Strategy Tip

This chapter has evolved significantly. Focus on recent developments, GDP contribution by sector, and understand the significance of the 1991 reforms. Questions are often fact-based and current-affairs oriented.

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