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

India is regarded as a country with “Demographic Divident”. This is due to

  1. its high population in the age group below 15 years

  2. its high population in the age group of 15-64 years

  3. its high population in the age group above 65 years

  4. its high total population
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The demographic dividend is a rise in the rate of economic growth due to a rising share of working age people in a population. This usually occurs late in the demographic transition when the fertility rate falls and the youth dependency rate declines. During this demographic window of opportunity, output per capita rises. India is regarded as a country with "Demographic Dividend" because of its high population in the age group of 15-64 years (working age people or younger people).

Multiple choice

In the context of Indian economy, consider the following statements:

  1. The growth rate of GDP has steadily increased in the last five years.
  2. The growth rate in per capita income has steadily increased in the last five years.

Which of the statements given above is/are correct?

  1. 1 only

  2. 2 only

  3. Both 1 and 2

  4. Neither 1 nor 2
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Growth rate of GDP  05-06 - 9.5  06-07- 9.7  07-08-9.2  08-09-6.7  09-10-7.2  Growth rate of per capita income:  05-06 - 7.6  06-07- 7.9  07-8.1  08-09-3.7  09-10-5.3

Multiple choice

Consider the following statements:

  1. The GDP contribution of the mining industry of India varies from 7% - 8% till 2013.
  2. Medal of Noble Prize is made of 18 carat green gold plated with 24 carat gold.

Which of the given statements is/are correct?

  1. Only 1

  2. Only 2

  3. Both 1 and 2

  4. Neither 1 nor 2
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Statement 1 is wrong. The GDP contribution of the mining industry of India varies from 2.2% - 2.5 % till 2013. Statement 2 is correct. The Noble Prize medal is made of 18 carat green gold plated with 24 carat gold.

Multiple choice

The total exports and revenues from the exports of a country are given in the two charts shown below. The pie chart for exports shows the quantity of each item exported as a percentage of the total quantity of exports. The pie chart for the revenues shows the percentage of the total revenue generated through export of each item. The total quantity of exports of all the items is 500 thousand tones and the total revenues are 250 crore rupees. Which item among the following has generated the maximum revenue per kg?

  1. Item 2

  2. Item 3

  3. Item 6

  4. Item 5
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Multiple choice the economy of maharashtra economics

According to Maharashtra State Economic Survey 2018-19, Maharashtra's contribution to all India nominal GDP is _____ .

  1. 10 %

  2. 12.5 %

  3. 14.4 %

  4. 15.5 %
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

According to Maharashtra State Economic Survey 2018-19, States contribution to all India nominal GDP is highest at 14.4 percent.

Multiple choice the economy of maharashtra economics

According to the Economic Survey of Maharashtra for 2016-17, the state had the highest _______ in comparison with other states.

  1. Growth of GSDP

  2. State Per Capita Income

  3. Both A and B

  4. Neither A nor B
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

According to the Economic Survey of Maharashtra for 2016-17, the state had the highest the state had the highest growth of GDSP (Gross State Domestic Product) and SPCI (State Per Capita Income) in comparison with other states.

Multiple choice the economy of maharashtra economics

According to Maharashtra State Economic Survey 2018-19, Per capita Income during 2018-19 is expected at ______. 

  1. 191827 Rupees

  2. 194827 Rupees

  3. 198827 Rupees

  4. 199827 Rupees
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

According to Maharashtra State Economic Survey 2018-19, Per capita Income during 2018-19 is expected at 1,91,827 as against 1,76,102 during 2017-18 (higher by 8.9 percent).

Multiple choice the economy of maharashtra economics

What was the Foreign Direct Investment inflows during 2018-19 in Maharashtra?

  1. 60,013 crores

  2. 70,013 crores

  3. 80,013 crores

  4. 90,013 crores
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

According to Economic Survey 2018-19, Foreign Direct Investment inflows during 2018-19 in the State was 80,013 crores.