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 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.

Multiple choice

What is the share of the manufacturing sector in India's employment?

  1. 10-15%

  2. 15-20%

  3. 20-25%

  4. 25-30%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The manufacturing sector provides employment to around 15-20% of India's workforce.

Multiple choice

What is the contribution of the manufacturing sector to India's foreign exchange reserves?

  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 foreign exchange reserves.

Multiple choice

What is the growth rate of the manufacturing sector in India in the last five years?

  1. 5-6%

  2. 6-7%

  3. 7-8%

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

The growth rate of the manufacturing sector in India in the last five years has been around 7-8%.

Multiple choice

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

  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 tax revenue.

Multiple choice

What is the target set by the government for the manufacturing sector's contribution to India's GDP?

  1. 25%

  2. 30%

  3. 35%

  4. 40%
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The government aims to increase the manufacturing sector's contribution to India's GDP to 25% by 2025.

Multiple choice

How has the growth of the Indian IT industry influenced the global perception of India?

  1. India is now seen as a leader in technological innovation.

  2. India is perceived as a hub for outsourcing and cost-effective IT services.

  3. India's IT prowess has enhanced its global standing and reputation.

  4. All of the above.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The growth of the Indian IT industry has led to a positive shift in the global perception of India. India is now recognized as a significant player in the global technology landscape, and its IT capabilities are widely respected.

Multiple choice

In what ways has the Indian IT industry contributed to the economic development of India?

  1. It has created numerous job opportunities, leading to a reduction in unemployment.

  2. It has boosted India's exports and foreign exchange earnings.

  3. It has attracted foreign investment and stimulated economic growth.

  4. All of the above.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Indian IT industry has played a crucial role in driving India's economic growth. It has created millions of jobs, boosted exports, attracted foreign investment, and stimulated overall economic development.

Multiple choice

How has the Indian IT industry contributed to the global fight against poverty?

  1. It has created job opportunities for individuals in developing countries.

  2. It has facilitated the transfer of technology and knowledge to developing countries.

  3. It has supported initiatives aimed at poverty reduction and economic development.

  4. All of the above.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Indian IT industry has made significant contributions to the global fight against poverty. It has created job opportunities for individuals in developing countries, facilitated the transfer of technology and knowledge, and supported initiatives aimed at poverty reduction and economic development.

Multiple choice

How can the Indian IT industry continue to be a catalyst for positive change in India and beyond?

  1. By promoting digital inclusion and bridging the digital divide.

  2. By investing in research and development to drive innovation.

  3. By fostering collaboration between industry, academia, and government.

  4. All of the above.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Indian IT industry can continue to be a catalyst for positive change by promoting digital inclusion, investing in research and development, and fostering collaboration between industry, academia, and government.

Multiple choice

What is the base year for the CPI in India?

  1. 2012

  2. 2010

  3. 2006

  4. 2000
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The base year for the CPI in India is 2012, which means that the CPI is calculated by comparing the prices of goods and services in a fixed basket to their prices in 2012.

Multiple choice

What is the contribution of MSMEs to the Indian economy in terms of GDP?

  1. Around 25%

  2. Around 30%

  3. Around 35%

  4. Around 40%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

MSMEs contribute around 30% to the Indian economy in terms of GDP.

Multiple choice

What is the future outlook for MSMEs in India?

  1. Positive

  2. Negative

  3. Uncertain

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

The future outlook for MSMEs in India is positive, with the government taking a number of initiatives to support the sector.

Multiple choice

What is the approximate value of the bilateral trade between India and the US in 2021?

  1. $100 billion
  2. $150 billion
  3. $200 billion
  4. $250 billion
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The bilateral trade between India and the US in 2021 was approximately $150 billion.

Multiple choice

What is the target set by the Skill India Mission for skilling the Indian workforce by 2022?

  1. 100 million

  2. 200 million

  3. 300 million

  4. 400 million
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The target set by the Skill India Mission for skilling the Indian workforce by 2022 is 400 million.