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 evs animal- the base of our life uses of animals agro-complimentary occupations improvement of crop production animal husbandry

India's rank in the world in production of mulberry silk is

  1. First

  2. Second

  3. Third

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

China is topmost country producing some 48% cocoons and 40.9% of raw silk. Next biggest silk producing country is Japan. India is placed in third position as far as the production of silk in terms of quantity is concerned.

Multiple choice

Is India able to feed all of its people?

  1. No

  2. Yes

  3. Maybe

  4. I don't know
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

India is currently a net exporter of food and produces enough to feed its population, though issues of distribution, poverty, and malnutrition persist.

Multiple choice

What does Chris realize about the Standard of living in India?

  1. It is better than in America

  2. Even people with jobs live in poverty

  3. India is one of the richest countries in the World

  4. The person with his old job makes more than he did
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A common observation in studies of modernizing economies like India is that employment does not automatically guarantee a middle-class lifestyle, as many workers remain in poverty due to low wages and high costs.

Multiple choice economics development of maharashtra - agriculture sector the economy of maharashtra economics

Which of the following is true regarding the share of agriculture and allied activities in Maharashtra?

  1. The share of agriculture and allied activities in the total Gross State Value Added is constant over the period.

  2. The share of agriculture and allied activities in the total Gross State Value Added is increasing over the period .

  3. The share of agriculture and allied activities in the total Gross State Value Added is decreasing over the period.

  4. None of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

As per Economic Survey of Maharashtra 2016-17, the share of agriculture and allied activities in the total Gross State Value Added (GSVA) was 12.2 % during 2016-17 against 15.3 % during 2001-02 which shows a declining trend over the period.

Multiple choice economics development of maharashtra - agriculture sector the economy of maharashtra economics

What was the share of agriculture and allied activities in the total Gross State Value Added (GSVA) as per Economic Survey of Maharashtra 2017-18 during 2016-17?

  1. 12.2 %

  2. 14.2 %

  3. 15.3 %

  4. 16.8 %
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

According to the Economic Survey of Maharashtra 2017-18, the share of agriculture and allied activities in the GSVA for the year 2016-17 was 12.2 percent.

Multiple choice economics development of maharashtra - agriculture sector the economy of maharashtra economics

What was the share of agriculture and allied activities in the total Gross State Value Added (GSVA) as per Economic Survey of Maharashtra 2017-18 during 2001-02?

  1. 12.2 %

  2. 14.2 %

  3. 15.3 %

  4. 17.5 %
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

According to the Economic Survey of Maharashtra 2017-18, the share of agriculture and allied activities in the GSVA for the year 2001-02 was 15.3 percent.

Multiple choice economics development of maharashtra - industrial sector the economy of maharashtra economics

What was the inflow of FDI in Maharashtra since, April 2000 to September 2017?

  1. 111760 Crore

  2. 311760 Crore

  3. 411760 Crore

  4. 611760 Crore
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Maharashtra has been consistently ranked as the number one investment destination in India. The state has remained in the forefront in terms of FDI inflows in the country. The FDI inflows in Maharashtra since April,2000 till September 2017 was 611760 Crore.

Multiple choice economics development of maharashtra - industrial sector the economy of maharashtra economics

From 2000 to 2017 Maharashtra received the 50 % of total FDI inflow at all India level.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Maharashtra has been consistently ranked as the number one investment destination in India. The state has remained in the forefront in terms of FDI inflows in the country. The FDI inflows in Maharashtra since April,2000 till September 2017 was 611760 Crore which is 31 % of the total FDI inflow at all India Level.

Multiple choice economics development of maharashtra - industrial sector the economy of maharashtra economics

What is the share of Industrial Sector in Net Value Added (NVA) in Maharashtra?

  1. 10 %

  2. 18 %

  3. 28 %

  4. 38 %
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

As per Annual Survey of Industries (ASI) 2016-17, the Industrial Sector of Maharashtra is at top position. The share of industry in the Net Value Added (NVA) is about 18%. Maharashtra has also been the first choice of domestic and foreign investors.

Multiple choice economics development of maharashtra - industrial sector the economy of maharashtra economics

Maharashtra State accounts for _______ of the country’s software export.

  1. 5 percent

  2. 10 percent

  3. 15 percent

  4. more than 20 percent
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Maharashtra State accounts for more than 20 per cent of the countrys software export. In order to promote balanced growth of IT Industry in the State, GoM came up with its IT & ITES Policy. Maharashtra Industrial Development Corporation (MIDC), City and Industrial Development Corporation of Maharashtra Limited (CIDCO) and Software Technology Parks of India have developed 37 public IT parks.

Multiple choice economics circular flow of income and methods of calculating national income expenditure method and income method methods of measuring national income national income accounting

National Income estimates are _______ in India.

  1. accurate

  2. not accurate

  3. rising

  4. none
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Due to the large size of the informal sector and difficulties in data collection, national income estimates in India are often considered to have significant margins of error, hence not fully accurate.

Multiple choice geography manufacturing industries in india - i : agro-based distribution and classification of industries in india industrialisation and industrial belts cottage and small scale industries the concept of development mineral resources in rajasthan

India ranks ____ in the export of jute goods.

  1. First

  2. Second

  3. Third

  4. Fourth
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

B. Second

Jute industry is an important industry for a country like India, because not only does it earn foreign exchange but also provides substantial employment opportunities in agriculture and industrial sectors. Its first modernized industrial unit was established at Reshra in West Bengal in 1855. There are at present 73 jute mills in India, out of which West Bengal has 59 mills, Bihar 3 mills, U.P 3 mills, Andhra Pradesh 4 mills and Assam, Tripura, Orissa and M.P one each.

The jute industry in the country is traditionally export oriented. India ranks No. 1 in raw jute and jute goods production and No. 2 in export of jute goods in the world.