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

Which of the following countries has the highest Theil Index?

  1. India

  2. China

  3. United States
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India has the highest Theil Index among the three countries, indicating that it has the highest level of income inequality.

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 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 are some of the limitations of the KEI?

  1. It is based on a limited number of indicators.

  2. It does not take into account the context-specific factors that may affect a country's performance in knowledge and innovation.

  3. It is not updated frequently enough.

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

The KEI is based on a limited number of indicators, does not take into account the context-specific factors that may affect a country's performance in knowledge and innovation, and is not updated frequently enough.

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.

Multiple choice

What percentage of India's total exports are agricultural products?

  1. 10-15%

  2. 15-20%

  3. 20-25%

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

Agricultural products account for around 10-15% of India's total exports.

Multiple choice

What percentage of India's total imports are agricultural products?

  1. 10-15%

  2. 15-20%

  3. 20-25%

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

Agricultural products account for around 15-20% of India's total imports.

Multiple choice

How has India's agricultural exports changed over the past decade?

  1. Increased significantly

  2. Decreased significantly

  3. Remained relatively stable

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

India's agricultural exports have increased significantly over the past decade, driven by factors such as increased demand from emerging markets and improved infrastructure.

Multiple choice

How has India's agricultural imports changed over the past decade?

  1. Increased significantly

  2. Decreased significantly

  3. Remained relatively stable

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

India's agricultural imports have also increased significantly over the past decade, driven by factors such as rising population and changing dietary patterns.

Multiple choice

What is the approximate share of tourism in India's total foreign exchange earnings?

  1. 5-10%

  2. 10-15%

  3. 15-20%

  4. 20-25%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Tourism contributes around 10-15% of India's total foreign exchange earnings, making it a significant source of revenue for the country.