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

What is the contribution of the manufacturing sector to India's GDP?

  1. 15-20%

  2. 20-25%

  3. 25-30%

  4. 30-35%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The manufacturing sector contributes around 20-25% to India's GDP, making it a significant contributor to the country's economy.

Multiple choice

What is the Government of India's target for FDI in the Manufacturing Sector by 2025?

  1. $100 billion
  2. $200 billion
  3. $300 billion
  4. $400 billion
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Government of India has set a target of attracting $400 billion in FDI in the Manufacturing Sector by 2025.

Multiple choice

What is the term used to describe the spatial distribution of economic activities based on climate and environmental factors?

  1. Von Thunen's Model

  2. Rostow's Stages of Economic Growth

  3. Climate-Based Economic Geography

  4. Environmental Economics
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Climate-Based Economic Geography examines how climate and environmental factors influence the location and distribution of economic activities.

Multiple choice

What is the base year for the CPI in India?

  1. 2004-05

  2. 2011-12

  3. 2017-18

  4. 2022-23
Reveal answer Fill a bubble to check yourself
Correct answer
Explanation

The base year for the CPI in India is 2012-13.

Multiple choice

What is the future outlook for FII in India?

  1. Positive outlook

  2. Negative outlook

  3. Uncertain outlook

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

The future outlook for FII in India is uncertain, as it depends on various economic and political factors that can impact investment decisions.

Multiple choice

What is the contribution of the tourism sector to India's GDP?

  1. 5-7%.

  2. 7-9%.

  3. 9-11%.

  4. 11-13%.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The tourism sector contributes approximately 7-9% to India's GDP, making it a significant contributor to the country's economy.

Multiple choice

What is the GDP growth rate of the United States?

  1. 2%

  2. 3%

  3. 4%

  4. 5%
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The GDP growth rate of the United States is around 2%.

Multiple choice

What is the GDP growth rate of China?

  1. 6%

  2. 7%

  3. 8%

  4. 9%
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The GDP growth rate of China is around 6%.

Multiple choice

What is the GDP growth rate of Japan?

  1. 1%

  2. 2%

  3. 3%

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

The GDP growth rate of Japan is around 1%.

Multiple choice

What is the GDP growth rate of Germany?

  1. 2%

  2. 3%

  3. 4%

  4. 5%
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The GDP growth rate of Germany is around 2%.

Multiple choice

How can we measure the progress of modernization?

  1. By looking at economic indicators such as GDP and per capita income.

  2. By examining social indicators such as literacy rates and life expectancy.

  3. By assessing the level of technological development.

  4. By considering all of the above factors.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The progress of modernization cannot be measured by a single indicator. It requires a comprehensive assessment of economic, social, and technological factors.

Multiple choice

What is the total value of India's trade with SAARC countries?

  1. $10 billion
  2. $20 billion
  3. $30 billion
  4. $40 billion
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The total value of India's trade with SAARC countries is estimated to be around $30 billion.

Multiple choice

What is the future outlook for trade between India and SAARC countries?

  1. Positive

  2. Negative

  3. Uncertain

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

The future outlook for trade between India and SAARC countries is positive, with the potential for further growth in trade volumes and economic cooperation.

Multiple choice

Which Indian state has the highest number of dairy cooperatives?

  1. Maharashtra

  2. Karnataka

  3. Tamil Nadu

  4. Uttar Pradesh
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Maharashtra has the highest number of dairy cooperatives in India.

Multiple choice

What was the contribution of the First Five-Year Plan to India's Gross National Product (GNP)?

  1. 10%

  2. 15%

  3. 20%

  4. 25%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The First Five-Year Plan contributed approximately 15% to India's GNP, indicating a significant increase in economic output.