Economics · General Awareness

Indian Economy Statistics

995 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

Which of the following is not true for indicating growth trend during the planning era?

  1. Birth rate is falling down

  2. Value added ratio from agriculture sector is declining

  3. Value added ratio from banks and financial institution is rising

  4. Value added ratio from forestry is generally rising
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

During India's planning era, forestry's contribution to GDP generally declined as the economy shifted toward industry and services. Rising value added from forestry would contradict the development pattern where agricultural and forestry sectors shrink relatively.

Multiple choice

The Planning Commission released a document presenting pre-estimated progress of the economy. It is named as

  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

India ranks ____ in the production of sugar in the world.

  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

In a bid to achieve 1 per cent share in World Trade, the Union Government outlined a New Medium-Term Export Policy in Jan. 2002, which envisages an annual export growth of .._.._ in the next five years.

  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

In Feb. 2002, the United States announced military assistance to India and Pakistan. India would receive $151.185 million under various heads while Pakistan would get_...._ total assistance
  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.