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

Multiple choice

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

  1. 15%

  2. 20%

  3. 25%

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

Manufacturing imports contribute around 20% to India's GDP.

Multiple choice

What was the average annual growth rate of the Indian economy during the Tenth Five-Year Plan?

  1. 6.5%

  2. 7.0%

  3. 7.5%

  4. 8.0%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Indian economy grew at an average annual rate of 7.5% during the Tenth Five-Year Plan.

Multiple choice

What is the estimated size of the Indian film industry in terms of revenue?

  1. ₹1.8 trillion

  2. ₹2.5 trillion

  3. ₹3.2 trillion

  4. ₹4 trillion
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Indian film industry is estimated to be worth ₹2.5 trillion, making it one of the largest film industries in the world.

Multiple choice

What is the contribution of the Indian film industry to India's GDP?

  1. 1%

  2. 2%

  3. 3%

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

The Indian film industry contributes approximately 2% to India's GDP, making it a significant economic sector.

Multiple choice

How does life expectancy in India compare to other countries in the world?

  1. Higher than the global average

  2. Lower than the global average

  3. Similar to the global average

  4. Varies widely across countries
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Life expectancy in India is lower than the global average, which is around 72 years.

Multiple choice

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?

  1. 20%

  2. 25%

  3. 30%

  4. 35%
Reveal answer Fill a bubble to check yourself
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%.

Multiple choice

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

  1. $100 billion
  2. $50 billion
  3. $25 billion
  4. $10 billion
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The total value of India's trade with African countries is $100 billion.

Multiple choice

What is the total area of India's Exclusive Economic Zone (EEZ)?

  1. 2.02 million sq. km

  2. 2.3 million sq. km

  3. 2.5 million sq. km

  4. 2.8 million sq. km
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India's EEZ covers an area of approximately 2.02 million square kilometers.

Multiple choice

What is the estimated annual economic loss due to malnutrition in India?

  1. 1.4 trillion USD

  2. 2.4 trillion USD

  3. 3.4 trillion USD

  4. 4.4 trillion USD
Reveal answer Fill a bubble to check yourself
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.

Multiple choice

What is the estimated annual economic benefit of investing in nutrition in India?

  1. 3.4 trillion USD

  2. 4.4 trillion USD

  3. 5.4 trillion USD

  4. 6.4 trillion USD
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

According to a study by the World Bank, the estimated annual economic benefit of investing in nutrition in India is 5.4 trillion USD.

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
A Correct answer
Explanation

The manufacturing sector contributes around 15-20% to India's GDP.

Multiple choice

A pie chart shows the distribution of GDP contribution by different sectors in the state of Maharashtra, India. If the pie chart indicates that the services sector contributes 60% of the total GDP, what is the approximate contribution of the industrial sector if the total GDP of Maharashtra is ₹20 trillion?

  1. ₹6 trillion

  2. ₹8 trillion

  3. ₹10 trillion

  4. ₹12 trillion
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

To calculate the approximate contribution of the industrial sector, we can use the proportion represented by the pie chart. Since the services sector contributes 60%, the industrial sector must contribute the remaining 40%. Therefore, 40% of ₹20 trillion is (40/100) * ₹20 trillion = 0.4 * ₹20 trillion = ₹8 trillion.

Multiple choice

What is the combined GDP of RCEP member countries?

  1. $25 trillion
  2. $30 trillion
  3. $35 trillion
  4. $40 trillion
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The combined GDP of RCEP member countries is estimated to be around $25 trillion.

Multiple choice

What is the outlook for the current account deficit in India?

  1. It is expected to widen in the coming years.

  2. It is expected to narrow in the coming years.

  3. It is expected to remain stable in the coming years.

  4. It is uncertain.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The outlook for the current account deficit in India is uncertain. It depends on a number of factors, including the global economic outlook, the price of oil, and the government's policies.

Multiple choice

What is the future of the current account deficit in India?

  1. It is expected to widen in the coming years.

  2. It is expected to narrow in the coming years.

  3. It is expected to remain stable in the coming years.

  4. It is uncertain.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The future of the current account deficit in India is uncertain. It depends on a number of factors, including the global economic outlook, the price of oil, and the government's policies.