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
-
0.037
-
0.035
-
-0.012
-
0.0375
B
Correct answer
Explanation
According to the RBI's Macroeconomic and Monetary Development Report, the agriculture growth rate for 2010-11 was 3.5% (0.035). This represented a recovery from the previous year's drought-affected growth and contributed to overall GDP expansion.
B
Correct answer
Explanation
As of various reference dates, only 2 centuries have been scored in T20 World Cup history - Chris Gayle (118 runs in 2012) and Brendon McCullum (123 runs in 2012). The count may vary based on the reference date, but 2 represents the commonly cited figure during many periods of T20 WC history.
-
national index for the youth
-
national fifty index for india
-
national index fifty
-
natioanal index for the yankees
C
Correct answer
Explanation
NIFTY stands for National Stock Exchange Fifty. It is the benchmark stock index of the National Stock Exchange of India (NSE), composed of 50 actively traded large-cap stocks representing 13 sectors of the Indian economy. The name derives from 'National Fifty' or 'National Index Fifty'.
A
Correct answer
Explanation
India ranked 5th in the world's cybercrime ranking for 2009, following the United States, China, Brazil, and Germany. This reflected India's growing digital footprint and associated cybersecurity challenges during that period.
C
Correct answer
Explanation
Vitantonio Liuzzi's best finish in the 2010 Formula One season was 7th place, achieved at the Korean Grand Prix. Driving for Force India, he struggled relative to teammates and this 7th place was his career-best result that season.
A
Correct answer
Explanation
SBI (State Bank of India) has over 500 million customers, while Australia's population is approximately 26 million. The statement comparing SBI's customer base to Australia's population is factually correct.
-
$ 50 billion
-
$ 25 million
-
$13 billion
-
$50 million
C
Correct answer
Explanation
The 2010 FIFA World Cup was projected to contribute approximately $13 billion to the South African economy through infrastructure development, tourism, and associated economic activities. This figure was widely cited in pre-tournament economic projections and official FIFA estimates. The investment included stadium construction, transportation upgrades, and tourism infrastructure.
A
Correct answer
Explanation
India ranked 128th in the 2010 Global Peace Index out of 149 countries. This reflected India's internal security challenges, regional conflicts, and high military expenditure. The GPI measures peacefulness based on factors like crime, violence, and military spending.
-
$95 million
-
$98 million
-
$1.05 million
-
$1.08 million
-
42nd place
-
43rd place
-
45th place
-
44th place
B
Correct answer
Explanation
The Global Information Technology Report 2009-2010 (Networked Readiness Index) by the World Economic Forum ranked India 43rd among 134 economies. India's position reflected modest improvements in technology adoption but still lagged behind many Asian peers. The ranking assessed ICT readiness, usage, and impact.
C
Correct answer
Explanation
According to the 2009 Human Development Report, India ranked 134th out of 182 countries in the Human Development Index. This ranking reflects India's position based on life expectancy, education, and income indicators. The HDI is published annually by UNDP.
-
GDP
-
population
-
Foodgrains
-
Per Capita Income
A
Correct answer
Explanation
The 'Hindu Rate of Growth' is a term coined by economist Raj Krishna to describe India's slow economic growth rate of around 3.5% per year from the 1950s to 1980s, under the planned economy model. It specifically refers to GDP growth, not population, foodgrains, or per capita income. The term is now largely historical as India's growth accelerated after economic reforms in 1991.
D
Correct answer
Explanation
According to the Economic Survey 2005-06, India's GDP growth at 1999-2000 prices was estimated to be 8.4% for 2005-06 (later revised to 8.5% or higher). This placed the growth rate firmly in the 8-9% range, making option D correct. This was part of India's high growth phase post-2003 reforms. The 5-6%, 6-7%, and 7-8% ranges were too low for this particular year.
A
Correct answer
Explanation
India ranks 13th in the global gold market, reflecting its position in gold consumption, imports, and trade. India is one of the world's largest consumers of gold due to cultural and investment demand.