Economics · General Awareness

Indian Economy Statistics

976 Questions

Test your knowledge of Indian economy statistics with these targeted questions. The set covers foreign direct investment limits, global production rankings, and GDP contributions. This data is highly relevant for general awareness preparation.

Foreign direct investment limitsGlobal production rankingsGDP contribution sectorsSavings and growth rates

Indian Economy Statistics Questions

Multiple choice

The allocation for Defence during the 10th plan (2002-2007) was estimated at

  1. 2.33 - 2.34 of GDP

  2. 2.30 - 2.31 of GDP

  3. 2.36 - 2.38 of GDP

  4. 3.30 - 3.32 of GDP
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The 10th Five Year Plan (2002-2007) allocated approximately 2.33-2.34% of GDP to defense spending. This is a specific factual detail from planning documents. Option D (3.30-3.32%) is too high for India's defense allocation during this period.

Multiple choice

India's maximum import is of

  1. iron ore

  2. mica

  3. petroleum products

  4. gems and jewellery
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

India's maximum imports are of petroleum products, making crude oil and petroleum the country's largest import category. India imports over 80% of its crude oil requirements due to limited domestic production and high energy demands. This import dependency significantly impacts India's trade balance and economic policy. While gems and jewellery are also major imports for processing and re-export, and iron ore was historically imported, petroleum consistently remains the largest import by value.