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
  1. India is behind Brazil in production of sugar in 2003.

  2. India is the largest milk producing country in the world.

  3. India stands first in the world in egg production.

  4. Vishesh Dwaj Yojana has been initiated in Madhya Pradesh for distributing seeds to small and marginal farmers belonging to scheduled caste category.

  5. India is not the highest tobacco producing country in the world.

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

India is a major producer of eggs, but it does not rank first in the world; China is the largest producer of eggs.

Multiple choice
  1. 8%

  2. 8·5%

  3. 9·0%

  4. 9·5%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The GDP growth target for 11th Plan (2007-12) has been fixed at 9.0%. The Eleventh Five Year Plan (2007-08 to 2011-12) ended with GDP growing 7.9% per annum as against the target of 9.0% per annum set by the Planning Commission. The rapid GDP growth of 9.0% was regarded necessary for various reasons.

Multiple choice
  1. Below 0.5%

  2. Between 0.5% to 1.0%

  3. Between 1.0% to 1.5%

  4. Above 1.5%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

At present the share of Indian Foreign Trade in World Trade is from 0.5% to 1.0%. According to the latest information by the WTO, India's share in total world trade is from .5% to 1%. In 1950s, India's share in the world trade was 1.78% which was declined to 0.59% in 1990 and continues to remain around 0.60% till now.  

Multiple choice
  1. 4·0%

  2. 6.4%

  3. 5·4%

  4. 5.8%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Agriculture growth rate in year 2010-11 stood at 5.3%. India's annual agriculture growth rate slumped in the January-March quarter to a nine-year low of 5.3 percent as the manufacturing sector contracted and a fall in the rupee to a record low suggests the economy remains under pressure in the current quarter. 

Multiple choice
  1. 32·20 million tonnes

  2. 34·21 million tonnes

  3. 35·43 million tonnes

  4. 37·98 million tonnes

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Crude oil production in India during 2009-10 has been estimated at 37·98 million tones. The domestic crude oil production during 2009-10 has increased by 7 per cent over the last year and a guess is made that it is about 37.98 million tones.