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
  1. India Vision 2015

  2. India Vision 2020

  3. India Vision 2022

  4. India Vision 2025

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Planning Commission document 'India Vision 2020' was released in the early 2000s, outlining economic targets and development goals for the year 2020. It was prepared by a committee led by Dr. Kalam. Option B correctly identifies this document.

Multiple choice
  1. second

  2. third

  3. fourth

  4. fifth

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India is consistently the second-largest sugar producer in the world after Brazil. The country has a well-established sugar industry spread across states like Uttar Pradesh, Maharashtra, and Karnataka. Brazil occupies the first position.

Multiple choice
  1. 11.9 per cent

  2. 14.5 per cent

  3. 16.6 per cent

  4. 19.2 per cent

  5. 20.2 per cent

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The New Medium-Term Export Policy announced in January 2002 targeted a 1% share in world trade, requiring an annual export growth rate of 11.9% over the next five years. This was an ambitious but achievable target given India's export performance trends.

Multiple choice
  1. $200-million
  2. $26-million
  3. $304-million
  4. $350-million
  5. $405 million
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The US announced military assistance packages in February 2002, with India receiving \$151.185 million and Pakistan receiving \$304 million. This reflected America's strategic interests in both countries post-9/11.

Multiple choice
  1. Second

  2. Fourth

  3. Sixth

  4. Tenth

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

India ranks fourth in the world by Purchasing Power Parity, behind the United States, China, and Japan. PPP measures a country's economic output by comparing the cost of goods and services between nations, providing a more accurate picture of living standards than nominal GDP.