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
India accounts for more than ______ of global maternal and child deaths.
B
Correct answer
Explanation
Statistical data from international health organizations often cite that India accounts for approximately 17% of global maternal and child deaths due to its large population and healthcare challenges.
More than 70% of hospitals in India are run by ___________.
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Private sector
-
Public sector
-
Both A and B
-
None
A
Correct answer
Explanation
In India the government expenditure on healthcare is comparatively very low that what it actually should be. This is a major reason why people rely more on private facilities. The private sector hospitals are increasing and providing better services but at a higher cost.
The AC produced in India changes Its direction in every:
-
$\displaystyle \frac{1}{100}$ second
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100 second
-
50 second
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None of these
A
Correct answer
Explanation
Answer is A.
The rate at which alternating current reverses direction is called its frequency, expressed in hertz. Thus, standard household current in India is 50 Hz. AC electricity alternates back-and-forth in direction 50 times per second, according to the electrical system in the country. The charge at the ends of the wire alternates between negative (-) and positive (+). If the charge is negative (-), that pushes the negatively charged electrons away from that terminal. If the charge is positive (+), the electrons are attracted in that direction. Thus the electricity in the wire moves in one direction for a short while and then reverses its direction when the generator armature is in a different position. The direction changes twice in each cycle so that change of direction takes place after every 1/100 second.
Which one of the following statements is not correct?
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India is the second largest producer of nitrogenous fertilisers in the world.
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India is the ninth largest steel producing country in the world.
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India is the second largest producer of silk in the world.
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India ranks third in the world in coal production.
A
Correct answer
Explanation
India is a major producer of nitrogenous fertilizers, but it is not the second largest in the world (China is typically the leader).
Which region in India has consistently exhibited the lowest economic growth rate?
-
Northern Region
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Southern Region
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Western Region
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Eastern Region
D
Correct answer
Explanation
The Eastern Region, comprising states like Bihar, Jharkhand, and Odisha, has historically recorded the lowest economic growth rate in India.
What is the estimated contribution of the informal sector to India's GDP?
-
15-20%
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25-30%
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35-40%
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45-50%
C
Correct answer
Explanation
The informal sector is estimated to contribute around 35-40% to India's GDP.
What is the current inflation rate in India?
B
Correct answer
Explanation
The current inflation rate in India is 6%.
What is the estimated annual revenue generated by the Indi-pop industry in India?
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₹100 crore
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₹500 crore
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₹1,000 crore
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₹2,000 crore
C
Correct answer
Explanation
The Indi-pop industry in India is estimated to generate annual revenue of around ₹1,000 crore.
What is the approximate value of the Indian food industry?
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$200 billion
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$300 billion
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$400 billion
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$500 billion
B
Correct answer
Explanation
The Indian food industry is estimated to be worth approximately $300 billion, making it one of the largest in the world.
How many people are employed in the Indian food industry?
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10 million
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15 million
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20 million
-
25 million
C
Correct answer
Explanation
The Indian food industry employs approximately 20 million people, making it a significant source of employment in the country.
What percentage of India's GDP is contributed by the food industry?
B
Correct answer
Explanation
The food industry contributes approximately 10% to India's GDP, highlighting its economic significance.
What is the target year for achieving 100% Gross Enrolment Ratio (GER) in higher education?
C
Correct answer
Explanation
The NEP 2020 aims to achieve 100% GER in higher education by 2035. This means that all eligible students will have access to higher education.
What are some of the recent trends in PIL in India?
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There has been an increase in the number of PILs being filed.
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There has been an increase in the number of PILs being disposed of.
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There has been an increase in the number of PILs being filed by non-governmental organizations (NGOs).
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All of the above.
D
Correct answer
Explanation
Recent trends in PIL in India include an increase in the number of PILs being filed, an increase in the number of PILs being disposed of, and an increase in the number of PILs being filed by non-governmental organizations (NGOs).
What is the GST rate for most goods and services in India?
C
Correct answer
Explanation
The GST rate for most goods and services in India is 18%.
What is the approximate annual economic value of coral reefs globally?
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$10 billion
-
$100 billion
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$1 trillion
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$10 trillion
C
Correct answer
Explanation
Coral reefs provide various economic benefits, including tourism, fisheries, and coastal protection, with an estimated annual value of approximately $1 trillion.