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

Multiple choice general knowledge
  1. 1st

  2. 2nd

  3. 3rd

  4. 4rth

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. 90

  2. 120

  3. 30

  4. 43

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. 80 thousand

  2. 1 billion people

  3. 10 million people

  4. 1 million people

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. $ 24.4 Billion
  2. $32.4 Billion
  3. $43.4 Billion
  4. $ 30 Billion
Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. $600 million
  2. $450 billion
  3. $1.5 trilliom
  4. $3.297 trillion
Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. $4.25 trillion
  2. $500 trillion
  3. $0.35 trillion
  4. $1.21 trillion
Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. $2,900
  2. $500
  3. $3,700
  4. $15,000
Reveal answer Fill a bubble to check yourself
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.