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
What is the government's target for exports from SEZs by 2025?
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$100 billion
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$200 billion
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$300 billion
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$400 billion
C
Correct answer
Explanation
The government aims to achieve exports worth $300 billion from SEZs by 2025.
What is India's current quota in the IMF?
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$100 billion
-
$200 billion
-
$300 billion
-
$400 billion
D
Correct answer
Explanation
As of 2023, India's quota in the IMF is $400 billion.
What is the IFC's average annual investment?
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$1 billion
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$2 billion
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$3 billion
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$4 billion
C
Correct answer
Explanation
The IFC's average annual investment is $3 billion.
How has India's import of oil and gas changed over the past decade?
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Increased significantly
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Decreased significantly
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Remained relatively stable
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Fluctuated widely
A
Correct answer
Explanation
India's import of oil and gas has increased significantly over the past decade due to rising domestic demand and limited domestic production.
What is the estimated economic value of coral reefs globally?
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$100 billion
-
$1 trillion
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$10 trillion
-
$100 trillion
C
Correct answer
Explanation
Coral reefs are estimated to provide economic benefits worth up to $10 trillion annually through tourism, fisheries, and coastal protection.
What is the estimated economic value of coral reefs globally?
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$100 Billion
-
$1 Trillion
-
$10 Trillion
-
$100 Trillion
C
Correct answer
Explanation
Coral reefs provide numerous economic benefits, including tourism, fisheries, and coastal protection. Their estimated global economic value is approximately $10 trillion annually.
What is the Human Development Index (HDI) of India?
A
Correct answer
Explanation
India's Human Development Index (HDI) is 0.645, which is considered to be medium.
What is the Gini coefficient of India?
A
Correct answer
Explanation
India's Gini coefficient is 0.35, which indicates a moderate level of income inequality.
What is the service tax rate for market research services in India?
C
Correct answer
Explanation
The service tax rate for market research services in India is 15%.
What is the estimated size of the online fashion retail market in India in 2023?
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$10 billion
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$20 billion
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$30 billion
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$40 billion
C
Correct answer
Explanation
The estimated size of the online fashion retail market in India in 2023 is $30 billion.
What is the estimated growth rate of the online fashion retail market in India in the next five years?
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10-15%
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15-20%
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20-25%
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25-30%
C
Correct answer
Explanation
The estimated growth rate of the online fashion retail market in India in the next five years is 20-25%.
What is the estimated size of the Indian fashion industry?
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$100 billion
-
$200 billion
-
$300 billion
-
$400 billion
B
Correct answer
Explanation
The Indian fashion industry is estimated to be worth around $200 billion.
The Information Technology revolution, which had a profound impact on India's economy and society, gained momentum in which decade?
B
Correct answer
Explanation
The Information Technology revolution, driven by the rise of the internet and digital technologies, gained momentum in India in the 1990s.
The Information Technology (IT) industry in India experienced rapid growth in which decade?
B
Correct answer
Explanation
The IT industry in India saw a surge in growth during the 1990s, driven by factors such as the liberalization of the economy, the availability of skilled labor, and the rise of the internet.
What is the estimated economic impact of traditional Indian sports in India?
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₹100 crore
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₹1,000 crore
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₹10,000 crore
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₹100,000 crore
B
Correct answer
Explanation
The estimated economic impact of traditional Indian sports in India is around ₹1,000 crore.