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
What is the expected growth rate of the global hotel industry in the next five years?
B
Correct answer
Explanation
The global hotel industry is expected to grow at a rate of 4-5% in the next five years, driven by rising disposable incomes, increasing travel demand, and the growth of the middle class in emerging markets.
How much food is wasted in India annually?
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50 million tons
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100 million tons
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150 million tons
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200 million tons
A
Correct answer
Explanation
According to estimates, India wastes approximately 50 million tons of food annually, which is equivalent to the food requirement of 150 million people.
What was the design of the first Five Rupees bimetallic coin of the Republic of India?
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Lion Capital of Ashoka
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Chakra
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Mahatma Gandhi
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Indian Flag
A
Correct answer
Explanation
The first Five Rupees bimetallic coin of the Republic of India featured the Lion Capital of Ashoka on the obverse side.
How frequently is CPI data released in India?
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Monthly
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Quarterly
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Semi-annually
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Annually
A
Correct answer
Explanation
CPI data in India is released monthly.
What is the target set by the Indian government for manufacturing exports by 2025?
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$500 billion
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$1 trillion
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$1.5 trillion
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$2 trillion
B
Correct answer
Explanation
The Indian government has set a target of $1 trillion for manufacturing exports by 2025.
What is the contribution of manufacturing exports to India's GDP?
A
Correct answer
Explanation
Manufacturing exports contribute around 15% to India's GDP.
What is the target set by the Indian government for manufacturing imports by 2025?
-
$500 billion
-
$1 trillion
-
$1.5 trillion
-
$2 trillion
C
Correct answer
Explanation
The Indian government has set a target of $1.5 trillion for manufacturing imports by 2025.
What is the contribution of manufacturing imports to India's GDP?
B
Correct answer
Explanation
Manufacturing imports contribute around 20% to India's GDP.
What was the average annual growth rate of the Indian economy during the Tenth Five-Year Plan?
C
Correct answer
Explanation
The Indian economy grew at an average annual rate of 7.5% during the Tenth Five-Year Plan.
What is the contribution of the Indian film industry to India's GDP?
B
Correct answer
Explanation
The Indian film industry contributes approximately 2% to India's GDP, making it a significant economic sector.
What is the government's target for increasing the share of manufacturing in the country's GDP by the end of the Fourteenth Five-Year Plan?
B
Correct answer
Explanation
The government's target for increasing the share of manufacturing in the country's GDP by the end of the Fourteenth Five-Year Plan is 25%.
What is the total value of India's trade with African countries?
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$100 billion
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$50 billion
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$25 billion
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$10 billion
A
Correct answer
Explanation
The total value of India's trade with African countries is $100 billion.
What is the total area of India's Exclusive Economic Zone (EEZ)?
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2.02 million sq. km
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2.3 million sq. km
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2.5 million sq. km
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2.8 million sq. km
A
Correct answer
Explanation
India's EEZ covers an area of approximately 2.02 million square kilometers.
How does the use of power looms impact handloom weavers?
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It reduces the demand for handloom products
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It leads to lower prices for handloom products
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It increases the cost of production for handloom weavers
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All of the above
D
Correct answer
Explanation
The use of power looms has a negative impact on handloom weavers as it reduces the demand for handloom products, leads to lower prices, and increases the cost of production for handloom weavers.
What is the estimated annual economic loss due to malnutrition in India?
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1.4 trillion USD
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2.4 trillion USD
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3.4 trillion USD
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4.4 trillion USD
A
Correct answer
Explanation
According to a study by the World Bank, the estimated annual economic loss due to malnutrition in India is 1.4 trillion USD.