Home › JAIIB › IE&IFS › Unit 11

JAIIB · Indian Economy & Indian Financial System · Module A — Indian Economic Architecture

JAIIB IE&IFS Unit 11 — Issues Facing Indian Economy: Free MCQs with Explanations

By Swarnakshi Jha (ex-banker) · Updated 20 September 2026 · Paper 1 of the November 2026 cycle (1 November 2026)

This page is a free slice of our JAIIB IE&IFS question bank for Unit 11 — Issues Facing Indian Economy (Module A — Indian Economic Architecture). The Mock Centre holds 43 questions on this unit alone, every one with a why-right / why-wrong explanation; below are the facts examiners keep returning to, five of those questions to try, and the traps that cost marks.

IE&IFS · Module A43 MCQs in the Mock Centre5 free belowPaper on 1 November 2026

Key facts examiners test from this unit

  1. Growth numbers: FY25 6.5% (NSO); IMF WEO FY23 8.9%; World Bank FY26 6.3%.
  2. Issue list: jobless growth, poverty, inequality, agriculture overdependence, government debt, migration (trade surplus is NOT an issue); cost pressures = energy/raw-material prices.
  3. Poverty (2011-12, Tendulkar): rural 25.7%, urban 13.7%; rural causes — infrastructure, food supply, weak labour market; programmes — MGNREGA, PM SVANidhi (street vendors); goal — food + financial assistance + basics.

5 free practice questions — tap an option

Five basic questions from this unit. Answers lock on the first tap, exactly as in the exam, and a short explanation opens underneath. The Mock Centre adds the moderate and tough questions, why every other option is wrong, the concept capsule and the exam tip — with your score and revision dates tracked.

Question 1 of 5
Per Planning Commission 2011-12 estimates, RURAL below-poverty-line population was:
Why (c): Per Planning Commission estimates (2011-12), RURAL below-poverty-line population was 25.7%.
Question 2 of 5
A poverty-alleviation programme among these is:
Why (a): MGNREGA is the poverty-alleviation programme here — a legal guarantee of 100 days' wage employment per rural household.
Question 3 of 5
JOBLESS GROWTH means:
Why (b): JOBLESS GROWTH means the ECONOMY GROWS while EMPLOYMENT STAYS FLAT — output up, jobs not: India's central labour puzzle.
Question 4 of 5
Most economic growth today is driven by the:
Why (b): Most growth today is driven by KNOWLEDGE-INTENSIVE SERVICES — IT, finance, telecom — which need brains, not masses: the jobless-growth mechanism.
Question 5 of 5
India's recovery momentum was delayed by the:
Why (b): India's recovery momentum was delayed by the RUSSIA-UKRAINE WAR — the 2022 energy and commodity price shocks.
0 of 5 answered.

Traps in this unit

Confusable AConfusable BThe difference
25.7%13.7%Rural vs urban BPL
2.23%1.4%Labour-force vs employment growth
Practise all 43 questions on Unit 11. The free demo opens a slice of every subject with the same explanations; the IE&IFS Online-only pass unlocks all 3,032 IE&IFS questions, the full and module mocks, Smart Revision and the Readiness Score for one year (₹1,299). Not sure where you stand? Take the free 10-question test first.
Take the free test Open the free demo

← Unit 10: Climate Change & Sustainable Development Goals · Unit 12: Fundamentals of Economics — Micro, Macro & Types of Economies → · All IE&IFS units · JAIIB 2026 guide

Related reading

Independent study aid — not affiliated with, endorsed by, or sponsored by the Indian Institute of Banking & Finance (IIBF). Exam pattern, dates, fees and passing criteria are set by IIBF — always confirm the current rules at iibf.org.in. Regulatory figures verified as of September 2026; verify from official sources before relying on them in practice.