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
D
Correct answer
Explanation
India's female population growth rate has been slowing due to declining fertility rates and demographic transition. The 0.3% figure appears to be from specific census period data showing gradual increases in female proportion rather than absolute growth.
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India Vision 2015
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India Vision 2020
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India Vision 2022
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India Vision 2025
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.
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21 Items
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35 Items
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44 items
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None
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First
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Third
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Fifth
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Seventh
C
Correct answer
Explanation
India ranks fifth in global tobacco exports. The country is a significant producer and exporter of tobacco products but not the top exporter globally. This is a factual ranking that requires memorization.
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Second
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Third
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Fourth
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Fifth
A
Correct answer
Explanation
India is the second largest producer of sugar in the world.
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second
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third
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fourth
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fifth
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.
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First
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Second
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Third
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Fifth
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Seven
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11.9 per cent
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14.5 per cent
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16.6 per cent
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19.2 per cent
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20.2 per cent
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.
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$200-million
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$26-million
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$304-million
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$350-million
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$405 million
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.
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100 per cent
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85 per cent
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70 per cent
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55 per cent
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95 per cent
A
Correct answer
Explanation
The Union Government decided to allow 100% Foreign Direct Investment (FDI) in real estate, marking a significant liberalization of the sector and opening opportunities for international developers and investors.
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40 per cent
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35 per cent
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30 per cent
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25 per cent
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38 per cent
D
Correct answer
Explanation
During 2000-01, trade between India and China grew by 25%, reflecting the strengthening economic relationship between the two Asian giants. This period saw increasing bilateral trade engagement.
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Second
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Fourth
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Sixth
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Tenth
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.
D
Correct answer
Explanation
The Prime Minister's Economic Advisory Council modified the GDP growth rate for 2007-08 to 8.9%. This revision was based on more comprehensive data and economic assessment, reflecting the actual economic performance during that fiscal year.