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 geography basic problems of an economy introduction to natural resources (eco) understanding development: perspectives, measurement and sustainability resources - types and conservation

It has been estimated that the Thar Desert is advancing at an alarming rate of about 

  1. 0.5 km per year

  2. 1km per year

  3. 1.5 km per year

  4. 0.2 km per year
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Thar Desert which is located in the state of Rajasthan is advancing at an alarming rate of about 0.5 km per year

This is attributed to the desertification due to soil degradation. Process of conversion of fertile land into barren land over a course of time is called desertification

Multiple choice geography basic problems of an economy introduction to natural resources (eco) understanding development: perspectives, measurement and sustainability resources - types and conservation

Percentage of Greenhouse Gases contributed by India to global emission between 1990 and 2012 is _________.

  1. 4.8

  2. 5.8

  3. 5.5

  4. 6.4
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

  • Greenhouse Gases are those gases which cause greenhouse effect resulting in global warming. They include water vapour, carbon dioxide, methane, nitrous oxide and ozone.
  • The percentage of greenhouse gases contributed by India to global emission between 1990 and 2012 is 5.8.

Multiple choice geography basic problems of an economy introduction to natural resources (eco) understanding development: perspectives, measurement and sustainability resources - types and conservation

In India natural gas demand has been steadily growing at the rate of about ______ during the last 10 years.

  1. 3.5%

  2. 4.5%

  3. 5.5%

  4. 6.5%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Economic data regarding natural gas consumption in India during the specified decade indicates a growth rate of approximately 6.5%.

Multiple choice geography basic problems of an economy introduction to natural resources (eco) understanding development: perspectives, measurement and sustainability resources - types and conservation

India has not achieved full convertibility of the Rupee in -

  1. Current Account

  2. Capital Account

  3. Both (a) and (b)

  4. Neither (a) nor (b)
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

India has achieved full convertibility on the current account, but it maintains restrictions on the capital account to manage financial stability and capital flows.

Multiple choice economics indian economy on the eve of independence demographic condition and infrastructure development experience (1947-90) population and human resource development

Presently Indian is passing through which stage of Malthus demographics transition?

  1. $1st$
  2. $2nd$

  3. last
  4. $3rd$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

India is generally considered to be in the second stage of the demographic transition model, characterized by high birth rates and declining death rates, leading to rapid population growth.

Multiple choice economics indian economy on the eve of independence demographic condition and infrastructure development experience (1947-90) population and human resource development

India's population recorded the maximum growth rate of $2.22\%$ per annum during the decade _______.

  1. $1941 - 51$
  2. $1961 - 71$
  3. $1971 - 81$
  4. $1981 - 91$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

India's population recorded the maximum growth rate of $2.22\%$ per annum during the decade $1971 - 81$.

Multiple choice social science poverty : challenge facing india strategy for poverty eradication programmes for poverty eradication poverty as a challenge

India's per capita income is __________________.

  1. low as compared to developed countries but high as compared to developing countries.

  2. high as compared to both developed and developing countries.

  3. low as compared to both developed and developing countries.

  4. high as compared to developed countries but low as compared to developing countries.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

India is classified as a developing country, and its per capita income is relatively low compared to both developed nations and many other developing nations in terms of global purchasing power parity.

Multiple choice social science poverty : challenge facing india strategy for poverty eradication programmes for poverty eradication poverty as a challenge

The poverty line is India has been defined largely in terms of _________.

  1. income poverty

  2. food poverty

  3. human poverty

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

In India, the poverty line has historically been defined primarily by the ability to afford a minimum basket of food items, often referred to as food poverty.

Multiple choice social science poverty : challenge facing india strategy for poverty eradication programmes for poverty eradication poverty as a challenge

India's per capita income has _______.

  1. increased considerably over past 5.5 decades.

  2. increased marginally over past 5.5 decades.

  3. decreased considerably over past 5.5 decades.

  4. decreased marginally over past 5.5 decades.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Over the past several decades, India has experienced significant economic growth, which has resulted in a considerable increase in per capita income despite population growth.

Multiple choice social science poverty : challenge facing india strategy for poverty eradication programmes for poverty eradication poverty as a challenge

In India, the rate of gross capital formation has remained _______.

  1. considerably low over the years

  2. considerably high over the years

  3. moderate

  4. was high in earlier years but of late it has reduced.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Gross capital formation in India has historically been lower than the levels needed to sustain high growth rates compared to East Asian economies. While it has fluctuated, it is generally considered low relative to the requirements of a developing nation.

Multiple choice social science poverty : challenge facing india strategy for poverty eradication programmes for poverty eradication poverty as a challenge

In India, Poverty is measured primarily____.

  1. in absolute terms

  2. in relative terms

  3. both (a) and (b)

  4. neither (a) nor (b)
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India historically uses the absolute poverty line (based on calorie intake and expenditure) to define and track poverty, rather than relative income distribution.

Multiple choice social science public health and the government energy and health infectious diseases - transmission and prevention infectious diseases and how to prevent them

In India, the fruits of economic growth have reached ________________.

  1. Only elite people

  2. Masses

  3. Both above

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

In many economic analyses of developing nations, it is argued that the benefits of rapid economic growth have disproportionately favored the elite, leaving the masses with limited improvements in living standards.