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

What is the approximate contribution of tourism and hospitality to India's Gross Domestic Product (GDP)?

  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 and hospitality contribute approximately 10-15% to India's GDP, making it a significant sector for the country's economy.

Multiple choice

What is the approximate contribution of tourism and hospitality to India's foreign exchange earnings?

  1. $10-15 billion
  2. $15-20 billion
  3. $20-25 billion
  4. $25-30 billion
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Tourism and hospitality contribute approximately $20-25 billion to India's foreign exchange earnings, making it a significant source of revenue.

Multiple choice

What is the approximate contribution of tourism and hospitality to India's total employment?

  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 and hospitality contribute approximately 10-15% to India's total employment, making it a significant source of jobs.

Multiple choice

What is the approximate contribution of tourism and hospitality to India's total exports?

  1. 5-10%

  2. 10-15%

  3. 15-20%

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

Tourism and hospitality contribute approximately 5-10% to India's total exports, making it a significant contributor to the country's export earnings.

Multiple choice

What is the approximate contribution of tourism and hospitality to India's total imports?

  1. 5-10%

  2. 10-15%

  3. 15-20%

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

Tourism and hospitality contribute approximately 5-10% to India's total imports, primarily due to the purchase of goods and services by foreign tourists.

Multiple choice

What is the approximate contribution of tourism and hospitality to India's total tax revenue?

  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 and hospitality contribute approximately 10-15% to India's total tax revenue, primarily through taxes on hotels, restaurants, and other tourism-related businesses.

Multiple choice

What is the approximate value of India's sportswear exports in 2021-2022?

  1. $10 billion
  2. $15 billion
  3. $20 billion
  4. $25 billion
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

According to the Apparel Export Promotion Council (AEPC), India's sportswear exports reached approximately $15 billion in 2021-2022.

Multiple choice

What is the contribution of sportswear exports to India's overall textile exports?

  1. 10-15%

  2. 15-20%

  3. 20-25%

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

Sportswear exports contribute approximately 20-25% to India's overall textile exports.

Multiple choice

What is the projected growth rate of sportswear exports from India in the coming years?

  1. 5-7%

  2. 7-9%

  3. 9-11%

  4. 11-13%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The sportswear exports from India are projected to grow at a rate of 9-11% in the coming years.

Multiple choice

What is the future outlook for the manufacturing and industrial sectors in India?

  1. Positive

  2. Negative

  3. Uncertain

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

The future outlook for the manufacturing and industrial sectors in India is positive, with the government taking a number of policy initiatives to promote their growth.

Multiple choice

According to Indian economic thought, the ideal state of well-being involves:

  1. Maximizing individual wealth and consumption

  2. Balancing individual and collective well-being

  3. Prioritizing spiritual liberation over material pursuits

  4. Eliminating all forms of suffering and desire
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Indian economic thought emphasizes the importance of striking a balance between individual well-being and the well-being of the collective, recognizing that both are essential for a harmonious and prosperous society.

Multiple choice

What is the estimated annual contribution of the Indian woodworking industry to the country's GDP?

  1. INR 100 crore

  2. INR 1,000 crore

  3. INR 10,000 crore

  4. INR 100,000 crore
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Indian woodworking industry contributes approximately INR 10,000 crore to the country's GDP annually, showcasing its significant economic impact.

Multiple choice

What percentage of India's total export earnings come from the woodworking industry?

  1. 1%

  2. 5%

  3. 10%

  4. 15%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The woodworking industry contributes approximately 5% to India's total export earnings, demonstrating its importance as a foreign exchange earner.

Multiple choice

What is the approximate annual export value of Indian wooden furniture?

  1. INR 1,000 crore

  2. INR 5,000 crore

  3. INR 10,000 crore

  4. INR 15,000 crore
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The annual export value of Indian wooden furniture is estimated to be around INR 10,000 crore.

Multiple choice

Which age group is expected to be the largest consumer of sportswear in India by 2028?

  1. 18-24 years

  2. 25-34 years

  3. 35-44 years

  4. 45-54 years
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The 18-24 age group is expected to be the largest consumer of sportswear in India by 2028 due to their growing disposable income and increasing participation in sports and fitness activities.