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
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About 34 MMT per annum
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About 44 MMT per annum
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About 30 MMT per annum
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About 26 MMT per annum
A
Correct answer
Explanation
During the late 2000s, India's domestic crude oil production hovered around 34 Million Metric Tonnes (MMT) per annum.
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banking sector
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industrial sector
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service sector
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agriculture sector
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None of these
D
Correct answer
Explanation
During the 2005-06 period, the Indian agriculture sector faced significant challenges and lagged behind the growth seen in the industrial and service sectors.
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Bioagriculture
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Biopharma
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Bioinformatics
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Bioindustries
A
Correct answer
Explanation
The order of growth rates is
Bioagriculture
Bioservices
Bioindustries
Biopharma
Bioinformatics
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I only
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I and II only
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II and III only
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III and I only
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I, II and III
C
Correct answer
Explanation
Foreign tourist arrivals (FTAs) in India stood at 5.11 million in 2009, according to the figures released by the Ministry of Tourism on January 9, 2010. FTAs had a negative growth rate of -3.3% in 2009 as compared to the FTAs of 5.28 million and growth rate of 4% during 2008.
A
Correct answer
Explanation
India's gross domestic product (GDP) is expected to grow by 7.1 per cent in 2009-10 and by 9.2 per cent in 2010-11, according to the Centre for Monitoring Indian Economy (CMIE) which released its report in Mumbai on April 15, 2010.
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$20.26 billion
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$24.49 billion
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$28.41 billion
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$31.24 billion
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$34.37 billion
C
Correct answer
Explanation
India's gems and jewellery export has seen a 16 per cent growth from \$24.49 billion in 2008-09 to \$28.41 billion in 2009-10, according to a Gem and Jewellery Export Promotion Council (GJEPC) study released on April 17, 2010. Cut and polished diamonds accounted for 61.74 per cent of the total exports baskets with gold jewellery comprising of 31.17 percent while colour gemstones and other accounted for 5.09 percent.
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887.99 million tonnes
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863.27 million tonnes
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854.68 million tonnes
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833.31 million tonnes
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817.85 million tonnes
A
Correct answer
Explanation
Indian Railways have carried 887.99 million tonnes of revenue earning freight traffic during fiscal 2009-10, according to a press note by Union Railways Ministry released on April 12, 2010. The freight carried shows an increase of 54.68 million tonnes over the freight traffic of 833.31 million tonnes carried during 2008-09, registering an increase of 6.56 per cent
D
Correct answer
Explanation
Approximately 52% population directly or indirectly depends upon agriculture as its occupation.
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6 per cent
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6.1 per cent
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6.3 per cent
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6.9 per cent
D
Correct answer
Explanation
The Union Budget 2005-2006, presented by P. Chidambaram, projected a GDP growth rate of 6.9 percent. This was a significant target for the Indian economy at that time.
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2011-12
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2010 -11
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2009 -10
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2014 -15
A
Correct answer
Explanation
The Planning Commission's infrastructure development plan for major ports aimed to achieve specific cargo handling targets by the end of the 2011-12 fiscal year.
B
Correct answer
Explanation
Public sector banks in India have historically held a dominant market share, controlling approximately 70 percent of the total banking business as of 2011.
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seventh
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third
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nineth
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tenth
A
Correct answer
Explanation
India is one of the leading producers of manganese in the world, typically ranking among the top producers, though specific rankings fluctuate annually. Based on historical data often used in these exams, seventh is the accepted answer.
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fifth
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second
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third
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fourth