Economics ยท 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 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'.

Multiple choice general knowledge
  1. 8.5

  2. 7.5

  3. 6.1

  4. 5.5

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

India achieved a GDP growth rate of 6.1% during April-June 2009, as reported by the Indian government. This was during the global financial crisis period when India's growth had slowed from the earlier 9% levels. The 8.5% figure represents pre-crisis growth, while 7.5% was the target for later periods.

Multiple choice general knowledge science & technology
  1. second

  2. fifth

  3. fourth

  4. third

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

India ranks as the third-largest producer of tobacco globally, after China and Brazil. Tobacco is an important commercial crop in India, grown mainly in states like Andhra Pradesh, Karnataka, Gujarat, and Tamil Nadu. India produces various tobacco types including Virginia tobacco and Natu tobacco. This tests knowledge of India's position in global agricultural production.

Multiple choice general knowledge sports
  1. sixth

  2. third

  3. ninth

  4. fifth

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

This economics question asks about Tamil Nadu's GDP contribution ranking in India, with the claimed answer being 'fifth largest.' Tamil Nadu is indeed among India's top economic contributors, typically ranking fifth in GDP contribution. Major contributors include Maharashtra (first), Tamil Nadu, Uttar Pradesh, Karnataka, and Gujarat in varying orders depending on the year and measurement method. Tamil Nadu's economy is driven by manufacturing (automobiles, textiles), services (IT), and industry.

Multiple choice general knowledge
  1. 3

  2. 4

  3. 5

  4. 6

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

Tamil Nadu is the 5th largest contributor to India's GDP, with major contributions from manufacturing, services, and agriculture sectors. Maharashtra, Tamil Nadu, Uttar Pradesh, Karnataka, and Gujarat are typically among the top states by GDP contribution, with Tamil Nadu consistently ranking in the top five.