Economics ยท 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

What is the current inflation rate in India?

  1. 4%

  2. 5%

  3. 6%

  4. 7%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The current inflation rate in India is 6%, as of March 2023.

Multiple choice

What is the approximate value of India's total exports in 2022?

  1. $400 billion
  2. $500 billion
  3. $600 billion
  4. $700 billion
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India's total exports in 2022 were approximately $400 billion, showcasing the country's growing presence in the global trade market.

Multiple choice

What is the approximate share of India's exports in the global trade market?

  1. 2%

  2. 3%

  3. 4%

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

India's exports account for approximately 3% of the global trade market, showcasing the country's growing presence in international trade.

Multiple choice

What is the Gross Domestic Product (GDP) of India?

  1. $2.9 trillion
  2. $3.5 trillion
  3. $4.1 trillion
  4. $4.7 trillion
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The GDP of India is approximately $2.9 trillion.

Multiple choice

What is the inflation rate in India?

  1. 4%

  2. 5%

  3. 6%

  4. 7%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The inflation rate in India is approximately 5%.

Multiple choice

What is the approximate contribution of the textile industry to India's GDP?

  1. 5%

  2. 10%

  3. 15%

  4. 20%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The textile industry contributes approximately 10% to India's GDP, making it a significant contributor to the country's economy.

Multiple choice

What is the approximate value of India's textile exports?

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

India's textile exports are valued at approximately $40 billion, making it a major exporter of textiles in the world.

Multiple choice

What is the approximate share of the textile industry in India's total manufacturing output?

  1. 15%

  2. 20%

  3. 25%

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

The textile industry contributes approximately 20% to India's total manufacturing output, making it a significant contributor to the country's manufacturing sector.

Multiple choice

What is the approximate value of India's domestic textile market?

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

India's domestic textile market is valued at approximately $300 billion, making it one of the largest domestic textile markets in the world.

Multiple choice

What is the approximate share of the textile industry in India's total exports?

  1. 10%

  2. 15%

  3. 20%

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

The textile industry contributes approximately 15% to India's total exports, making it a significant contributor to the country's export earnings.

Multiple choice

What is the current Gini coefficient of India?

  1. 0.38

  2. 0.42

  3. 0.46

  4. 0.50
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The current Gini coefficient of India is 0.38.

Multiple choice

What is the approximate annual production of Alphonso Mangoes in India?

  1. 1 million tonnes

  2. 2 million tonnes

  3. 3 million tonnes

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

The approximate annual production of Alphonso Mangoes in India is around 2 million tonnes, making it one of the most popular and widely consumed mango varieties in the country.

Multiple choice

What is the share of manufacturing in India's GDP?

  1. 15-20%

  2. 20-25%

  3. 25-30%

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

The share of manufacturing in India's GDP is around 15-20%.

Multiple choice

What is the growth rate of the manufacturing sector in India?

  1. 5-6%

  2. 6-7%

  3. 7-8%

  4. 8-9%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The growth rate of the manufacturing sector in India is around 6-7%.

Multiple choice

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

  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 exports.