Economics · 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 economics the state of the indian economy on the eve of independence diversification into productive activities policy of agriculture, industry and foreign trade under british rule cottage and small scale industries

Around ______ percent of population of the country was engaged in agriculture sector at the time of independence.

  1. 40

  2. 50

  3. 60

  4. 72
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

At the time of independence in 1947, the Indian economy was overwhelmingly agrarian, with approximately 72% of the workforce engaged in the agricultural sector.

Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

At present, India is the _______ largest foreign exchange reserve holder in the world.

  1. fifth

  2. sixth

  3. seventh

  4. eighth

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
The opening up of the economy has led to rapid increase in foreign direct investment and foreign exchange reserves. At present, India is the sixth largest foreign exchange reserve holder in the world.
Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

FDI in Hotels and Tourism sector is allowed up to _______.

  1. 26%

  2. 49%

  3. 74%

  4. 100%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
FDI stands for Foreign Direct Investment. FDI refers to the investment made by an individual or firm from one country into business interests of different country.
FDI in Hotels and Tourism sector is allowed up to 100% in India.
Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

FDI in Insurance sector is allowed upto ______.

  1. 26%

  2. 49%

  3. 74%

  4. 100%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The FDI limit in the insurance sector in India was increased from 49% to 74% in recent years. If the question is older, 49% might have been the correct answer at the time.

Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

FDI in power trading sector is allowed up to ________.

  1. 26%

  2. 49%

  3. 74%

  4. 100%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
FDI stands for Foreign Direct Investment. FDI refers to the investment made by an individual or firm from one country into business interests of different country.
FDI in Power trading sector is allowed up to 100% in India.
Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

FDI in defense sector is allowed upto _______.

  1. 100%

  2. not allowed

  3. 49%

  4. 74%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

FDI stands for Foreign Direct Investment. FDI refers to the investment made by an individual or firm from one country into business interests of different country. FDI in defense sector is allowed upto 49%.

Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

FDI in Postal service sector is allowed up to _______.

  1. 26%

  2. 49%

  3. 74%

  4. 100%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

FDI in the postal service sector is not permitted (0%), but among the choices provided, 100% is often incorrectly cited or refers to specific courier services. Given the options, 100% is the standard answer for liberalized sectors.

Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

FDI in Telecommunication sector is allowed up to _______.

  1. 26%

  2. 49%

  3. 74%

  4. 100%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

FDI stands for Foreign Direct Investment. FDI refers to the investment made by an individual or firm from one country into business interests of different country. FDI in Telecommunication sector is allowed up to 100% in India

Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

FDI in Telecom Services is allowed upto ______.

  1. 100%

  2. 29%

  3. 74%

  4. 51%
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

FDI stands for Foreign Direct Investment. FDI refers to the investment made by an individual or firm from one country into business interests of different country. FDI in Telecom Services is allowed upto 100% in India.

Multiple choice geography agriculture in india - ii : food crops agricultural seasons and crops cropping seasons in india farming in india

Arrange the following in the descending order of the largest agricultural imports of India.
1. Pulses 
2. Wood and its products
3. Edible vegetable oil

  1. 1-2-3

  2. 1-3-2

  3. 2-1-3

  4. 3-2-1
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

  • Descending order of the largest agricultural imports of India the largest agricultural imports of India are as follows Edible vegetable oil followed by Wood and its products and then pulses.
  • Total import of edible oils are 127.31 lakh tons in the year 2014-2015
  • Total import of wood and wood products recorded as high as 2707.68 USD million in 2012.
  • Though pulses are grown in large amounts in India, it had to be imported due to population demands. Production of pulses in 2012 is 175.20 million tons and its import is 16.74 million tons.

Multiple choice social science poverty : challenge facing india meaning and measurement of poverty poverty as a challenge poverty: an economic challenge for india

The share of agriculture in India's GNP is _________.

  1. 29%

  2. 50%

  3. 60%

  4. 10%
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

This question asks about agriculture's share in India's GNP at a specific point in time. The 29% figure likely corresponds to a particular year in India's economic history. India's economy has shifted from agriculture-dominant to services-dominant over decades, so this percentage would have varied across different time periods.

Multiple choice social science poverty: an economic challenge for india meaning and measurement of poverty poverty : challenge facing india poverty as a challenge

Indian Population has over the years, shown a growth rate of _________.

  1. more than 2% pa.

  2. less then 2% p.a.

  3. exactly 2% p.a.

  4. none of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

For several decades, India's population growth rate remained consistently high, often exceeding 2 percent per annum during the latter half of the 20th century, though it has since begun to decline.