Management Optional – Other Questions Outside the Present Syllabus (1995–2026)

These 14 questions from UPSC Management Optional papers (1995–2026) fall outside the present syllabus of their paper – mostly from papers set on the older syllabus. We keep them here for completeness.

Each question ends with a code such as [2024/15m/3b] – the year, the marks, the word limit (where UPSC set one) and the question number in the paper.

Paper I

13 questions

1. Comment and illustrate how statistical models enable quick and economical experimentation for finding an optimum solution for a given problem. [2003/60m/4]

2. What are the major types and causes of business cycles. What steps should be taken to prevent and minimise the adverse impact of business cycles? [2003/60m/6]

3. Human Development Index. [2002/20m/200w/1c]

4. Impact of this year’s annual budget on Business. [2002/20m/200w/5a]

5. How will the share of different sectors, namely, agriculture, industry, service etc. in Indian GDP change in the millennium just beginning? Give your rationale for the answer. [2000/20m/200w/5d]

6. An optimal policy has the property that whatever the initial state and initial decision are, the remaining decisions must constitute an optimal policy with regard to the state resulting from the first decision (R. E. Bellman). Illustrate an applications of the above principle. [2000/60m/6]

7. Comment and illustrate how modeling enables quick and economical experimentation for finding an optimum solution for a given problem. [2000/60m/7]

8. Explain briefly the Current monetary and fiscal policies of the Government and their impact on enterprise decisions. [1998/60m/3]

9. Explain and illustrate with suitable diagrams the pricing decisions under different market structures. [1998/60m/4]

10. Recent changes in the Government’s monetary and fiscal policies have influenced corporate policies in India. Analyze this statement. [1997/60m/5]

11. Quantity sold Q of a particular product is expressed as a function of the price charged P as $Q=10,000-100P$ The cost of producing Q units C is given by $C=30,000+50Q$ What price should be charged to maximize net revenue? [1995/20m/2a]

12. Suppose in above question a tax of Rs. 2 per unit is imposed on the manufacturer. What should be the price to maximize the profit? [1995/20m/2b]

13. Suppose variable cost to manufacture a product increases by Rs. 2 per unit. What implications will it have for the manufacturer when. (i) the product is price elastic in its demand: (ii) the product is almost inelastic? How would the government policy be guided for levying excise and other taxes if the intention is to prevent manufactures from passing on the tax burden entirely to the consumers? [1995/20m/2c]

Paper II

1 question

1. Microfinancing. [2010/10m/1e]

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Last updated: 30 October 2026