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 organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

As per the report of Mckinsey and company Nasscom report, India needs at least ________ new business.

  1. 8000

  2. 9000

  3. 10000

  4. self-sufficient.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The McKinsey and NASSCOM report on Indian entrepreneurship highlighted the need for a significant number of new businesses to drive economic growth, specifically citing 8000.

Multiple choice political science problem of unemployment in india introduction and features of unemployment quality of population unemployment- types, causes and measures

The Occupational structure of India's labour force since 1951 has____.

  1. changed significantly

  2. remained more or less static

  3. moved against services and in favour of agriculture

  4. shown trends which cannot be titled in any pattern.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Despite significant economic growth, the occupational structure in India has remained relatively static, with a large proportion of the workforce still dependent on agriculture.

Multiple choice business economics and quantitative methods introduction to micro economics microeconomics and macroeconomics : introduction economic ideas of j k mehta micro and macro economics

State which of the following represents macro from the national point of view.

  1. Stock turnover ratio of K Ltd

  2. Capital output ratio of Indian industries

  3. Debt equity ratio of M Ltd

  4. All of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Macro economics studies economics as a whole and not from the view point of an individual. Capital output ratio is the ratio between the capital of all Indian industries to the output yielded by all these industries which is the point of national concern and thus it is included in the study of macro economics.

Multiple choice economics environment and sustainable development need for sustainable development environmental economics sustainable development

Petroleum, Oil and Lubricants(POL) constitutes around __________$\%$ of India's imports bill.

  1. $32$
  2. $35$
  3. $37$
  4. $39$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Petroleum, Oil, and Lubricants (POL) represent a significant portion of India's import bill. Historically, this figure has fluctuated around 35 percent depending on global crude oil prices and domestic demand.

Multiple choice economics employment: growth, informalisation and other issues measures to alleviate unemployment unemployment measures unemployment and employment generation

Over the years, in the Indian economy  _______.

  1. the proportion of labour in primary sector has increased and that in secondary & tertiary sector has decreased.

  2. the proportion of labour in primary sector has decreased and that in secondary and tertiary sector has increased.

  3. no specific trend has been observed

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

As an economy develops, the workforce typically shifts from the primary sector (agriculture) to the secondary (manufacturing) and tertiary (services) sectors. This structural transformation is a hallmark of economic growth in India.

Multiple choice economics employment: growth, informalisation and other issues measures to alleviate unemployment unemployment measures unemployment and employment generation

As compared to developing courtiers, the dependency rate in India (i.e. percentage of population below 15 years and above 64 years of age) is _______.

  1. higher

  2. lower

  3. equal

  4. increasing at a faster rate.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India has a higher dependency ratio compared to many developed countries because a larger portion of the population falls into the dependent age groups (under 15 and over 64) relative to the working-age population.

Multiple choice history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

Agriculture accounted for ___ % of advances of banks just before nationalization.

  1. 2.2%

  2. 4.4%

  3. 6.6%

  4. 8.8%
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Before the nationalization of banks in 1969, the agricultural sector received a very small share of total bank credit, specifically around 2.2 percent. This neglect was a primary driver for the government's decision to nationalize major commercial banks.

Multiple choice history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

Agriculture accounted for _________$\%$ of advances of banks just before nationlization.

  1. $2.2\%$
  2. $4.4\%$
  3. $6.6\%$
  4. $8.8\%$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Prior to the 1969 nationalization, the share of agriculture in total bank credit was very low, estimated at approximately 2.2 percent.

Multiple choice history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

________ Indian Aspriation Fund was launched by _______ in August 2015 to boost the start-up funds ecosystem in the country. 

  1. Rs. 5,000 Crore; IDBI

  2. Rs. 2,000 Crore; SIDBI

  3. Rs. 2,000 Crore; RBI

  4. Rs. 3,500 Crore; ICICI
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Rs 2000 crore Indian Aspriation Fund was launched by SIDBI in August 2015 to boost the start-up funds ecosystem in the country. It helps to promote the culture of innovation and entrepreneurship in India at a larger extent. As a consequence it helps to uplift the economic development in India.

Multiple choice infrastructure in india infrastructure tertiary sector economics

Which of the following is true?

  1. India invests only 5% of its GDP on infrastructure

  2. India's expenditure on infrastructure is far below that of China and Indonesia

  3. India is yet to spend sufficient amount on infrastructure

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

All of the above . 

India is a developing country with the highest population. Percentage of revenue invested in infrastructure must be increased in order to boost economic growth. India is still little behind in agricultural technology. The Government of India is taking each conceivable activity to help the framework division. 

Multiple choice infrastructure in india infrastructure tertiary sector economics

Joint Sector in Indian Economy implies ___________________.

  1. That the share of any Government in an enterprise is more than 60%

  2. Any enterprise owned jointly by private sector parties and the public sector

  3. Another term for cooperative sector

  4. Any commodity produced by the private sector as well as by public sector
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The joint sector represents a new ideology of economic management geared to sub serve a new economic system.

The term is applied to an under­taking only when both its ownership and control are effectively shared between public sector agen­cies on the one hand and a private group on the other.

Multiple choice infrastructure in india infrastructure tertiary sector economics

Industry sector account for ________% of commercial consumption of energy in India.

  1. $40\%$
  2. $50\%$
  3. $65\%$
  4. $25\%$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The industrial sector is a major consumer of energy in India, and 50% is the commonly cited figure for its share of commercial energy consumption.