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 approximate market size of the beauty industry in India?

  1. INR 10,000 crores

  2. INR 20,000 crores

  3. INR 30,000 crores

  4. INR 40,000 crores
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The beauty industry in India is estimated to be valued at approximately INR 40,000 crores, making it one of the largest and fastest-growing beauty markets in the world.

Multiple choice

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

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

The total value of India's trade with the EU is estimated to be around $100 billion.

Multiple choice

What is the authorized capital of the ADB?

  1. $100 billion
  2. $200 billion
  3. $300 billion
  4. $400 billion
  5. $500 billion
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The authorized capital of the ADB is $300 billion.

Multiple choice

What percentage of the country's wealth does the top 1% of earners control?

  1. 20%

  2. 30%

  3. 40%

  4. 50%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The book argues that the top 1% of earners in the United States control 40% of the country's wealth.

Multiple choice

What is the expected growth rate of rural population in India in the next decade?

  1. 0.5%

  2. 1.0%

  3. 1.5%

  4. 2.0%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The expected growth rate of rural population in India in the next decade is estimated to be around 1.0%.

Multiple choice

What is the estimated cost of climate change to India's economy by 2050?

  1. $1 trillion
  2. $2 trillion
  3. $3 trillion
  4. $4 trillion
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The estimated cost of climate change to India's economy by 2050 is $3 trillion.

Multiple choice

What is the estimated global market size of the wellness tourism industry?

  1. $1 trillion
  2. $2 trillion
  3. $3 trillion
  4. $4 trillion
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The global wellness tourism market is estimated to be worth around $2 trillion, highlighting its significant economic impact.

Multiple choice

What is the estimated annual economic impact of squash worldwide?

  1. $1 billion
  2. $5 billion
  3. $10 billion
  4. $20 billion
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The estimated annual economic impact of squash worldwide is $1 billion, according to the World Squash Federation.

Multiple choice

What is the current status of economic reforms in India?

  1. They are ongoing

  2. They have been completed

  3. They have been reversed

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

The economic reforms in India are ongoing, with the government continuing to implement measures to further liberalize the economy and promote economic growth.

Multiple choice

What is the target set by the government for increasing the share of manufacturing in India's GDP under the Atmanirbhar Bharat Abhiyan?

  1. 20%

  2. 25%

  3. 30%

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

The government aims to increase the share of manufacturing in India's GDP to 25% by 2025 under the Atmanirbhar Bharat Abhiyan.

Multiple choice

What is the government's target for increasing the export of goods and services from India under the Atmanirbhar Bharat Abhiyan?

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

The government aims to increase the export of goods and services from India to $400 billion by 2025 under the Atmanirbhar Bharat Abhiyan.

Multiple choice

What is the government's target for reducing India's dependence on imports of oil and gas under the Atmanirbhar Bharat Abhiyan?

  1. 10%

  2. 20%

  3. 30%

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

The government aims to reduce India's dependence on imports of oil and gas by 10% by 2025 under the Atmanirbhar Bharat Abhiyan.

Multiple choice

How has GPDI in India changed over the past decade?

  1. It has increased significantly.

  2. It has decreased significantly.

  3. It has remained relatively stable.

  4. It has fluctuated significantly.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

GPDI in India has fluctuated significantly over the past decade, influenced by various economic factors and policies.

Multiple choice

What is the term used to describe the rapid economic growth experienced by India in the early 21st century?

  1. The Great Leap Forward

  2. The Asian Miracle

  3. The India Shining Era

  4. The Golden Age of India
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The term 'India Shining Era' was used to describe the period of rapid economic growth experienced by India from 2003 to 2008.

Multiple choice

What is the current status of India's trade balance?

  1. India has a trade deficit.

  2. India has a trade surplus.

  3. India has a balanced trade.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

As of 2022, India has a trade deficit, meaning that the value of goods and services imported exceeds the value of goods and services exported.