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 general knowledge
  1. 2011

  2. 2012

  3. 2013

  4. 2014

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

NASSCOM (National Association of Software and Service Companies) estimated the Indian animation industry would reach Rs. 5600 crore by 2012. This was part of growth projections for India's animation and gaming sector. The forecast looked ahead several years from when the statement was made.

Multiple choice general knowledge history
  1. 9 th

  2. 10 th

  3. 11 th

  4. 12 th

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

In 2008, India was ranked 11th in the world in military spending, behind countries like the United States, China, France, the United Kingdom, and Russia. This ranking reflected India's growing defense capabilities and strategic posture during that period. Military spending rankings are based on official defense budgets and published by international research organizations like SIPRI.

Multiple choice general knowledge
  1. Compound Annual Growth Rate

  2. Complex Annual Growth Rate

  3. Compound Annual Gross Rate

  4. Compound Annual Growth Ratio

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

CAGR stands for 'Compound Annual Growth Rate'. It's the mean annual growth rate of an investment over a specified period of time longer than one year, assuming compounding.

Multiple choice general knowledge culture
  1. True

  2. False

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

India produces more feature films annually than any other country, typically 1,500-2,000 films across multiple languages (Hindi, Tamil, Telugu, etc.). This exceeds Hollywood's output, making the statement true. The claim 'close to a thousand' is actually an underestimate - India produces well over that number.

Multiple choice general knowledge
  1. second

  2. twelth

  3. seventh

  4. twelfth

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

India's nominal GDP (measured in current USD) ranks around 11th-12th globally. As of recent data, India is the 11th largest economy by nominal GDP, behind USA, China, Japan, Germany, France, UK, India, Italy, Brazil, Canada, Russia. The option 'twelfth' is a reasonable approximation, though 'twelth' is misspelled.

Multiple choice general knowledge
  1. twelfth

  2. forth

  3. tenth

  4. seventh

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

India ranks 4th in the world by GDP PPP (Purchasing Power Parity), behind USA, China, and Japan. PPP adjusts for cost of living differences, making developing economies appear larger. India's PPP ranking is much higher than its nominal GDP ranking (around 11th). Note: 'forth' should be 'fourth'.