Economics ยท 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
B
Correct answer
Explanation
Dharavi, located in Mumbai, is frequently cited as the second-largest slum in Asia, after Orangi Town in Karachi, Pakistan. Rankings can vary by source and metric (population vs area), but '2nd' is the standard answer in this context.
A
Correct answer
Explanation
India exports software services to approximately 90 countries worldwide, making it one of the largest software service exporters globally. This figure reflects India's dominant position in the IT and BPM industry, with major export markets including the USA, UK, Europe, and emerging markets across Asia, Africa, and Latin America.
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80 thousand
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1 billion people
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10 million people
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1 million people
D
Correct answer
Explanation
Indian Railways is indeed one of the world's largest employers, with approximately 1.3-1.4 million employees. This makes option D (1 million) the closest and most reasonable answer among the choices. Options A and C are too low, while 1 billion is impossibly high for any single organization.
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1000cr
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3000cr
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5000cr
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10000cr
B
Correct answer
Explanation
India produces approximately 3000 crore (30 billion) eggs annually, ranking among the world's largest egg-producing countries due to its significant poultry industry and high domestic consumption.
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Number of sole traders and rate of inflation
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Number and rate of unemployment
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Number of start-ups and rate of GDP growth
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Number of Twitter users and monthly website growth
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$ 24.4 Billion
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$32.4 Billion
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$43.4 Billion
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$ 30 Billion
B
Correct answer
Explanation
India received $32.4 billion in Foreign Direct Investment during the fiscal year 2007-08. This was a significant increase from previous years and reflected growing investor confidence in the Indian economy during that period.
C
Correct answer
Explanation
India ranks as the world's 9th largest automobile manufacturer by production volume. The country has a significant automotive industry with major manufacturers like Maruti Suzuki, Tata Motors, Mahindra, and others contributing to millions of vehicles annually.
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$600 million
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$450 billion
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$1.5 trilliom
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$3.297 trillion
D
Correct answer
Explanation
India's GDP (PPP) in 2008 was approximately $3.297 trillion, making it one of the largest economies in the world. PPP adjusts for cost of living differences between countries, providing a more accurate comparison than nominal GDP. Options A and B are orders of magnitude too small, while option C has a typo (trilliom) and is still too low.
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$4.25 trillion
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$500 trillion
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$0.35 trillion
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$1.21 trillion
D
Correct answer
Explanation
India's GDP at official exchange rate in 2008 was $1.21 trillion. This is lower than the PPP figure because official exchange rates don't account for India's lower domestic price levels. Options A and B are unrealistically high, while C is too low for India's economy in 2008.
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$2,900
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$500
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$3,700
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$15,000
A
Correct answer
Explanation
India's GDP per capita (PPP) in 2008 was approximately \$2,900. This measures average economic output per person, adjusted for purchasing power. Options B and C are too low, while D (\$15,000) is far too high for India in 2008 - that level represents developed economies.
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Second
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Fourth
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Third
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Sixth
A
Correct answer
Explanation
India's fiscal deficit for 2009-10, as presented in the 2009 budget, was 6.2% of GDP. This figure represents the gap between government revenue and expenditure for that financial year.