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 expected value of the sportswear market in India by 2028?

  1. USD 15 billion

  2. USD 20 billion

  3. USD 25 billion

  4. USD 30 billion
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The sportswear market in India is expected to reach a value of USD 25 billion by 2028.

Multiple choice

What is the total GDP of ASEAN countries?

  1. $2.5 trillion
  2. $3.5 trillion
  3. $4.5 trillion
  4. $5.5 trillion
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The total GDP of ASEAN countries is approximately $3.5 trillion.

Multiple choice

What is the current FDI cap for single-brand retail in India?

  1. 51%

  2. 74%

  3. 100%

  4. No cap
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The current FDI cap for single-brand retail in India is 100%, meaning foreign companies can own and operate single-brand retail stores in India without any restrictions on ownership.

Multiple choice

What is the estimated size of the Indian retail market?

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

The Indian retail market is estimated to be around $1 trillion in size.

Multiple choice

What is the estimated contribution of CIT to India's GDP in recent years?

  1. 5-10%

  2. 10-15%

  3. 15-20%

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

The estimated contribution of CIT to India's GDP in recent years has been in the range of 15-20%.

Multiple choice

What is the contribution of the tea 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 tea industry contributes approximately 2% to India's GDP.

Multiple choice

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

  1. 0.5%

  2. 1%

  3. 1.5%

  4. 2%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The spice industry contributes approximately 1% to India's GDP.

Multiple choice

What is the future outlook for the sportswear market in India?

  1. Positive

  2. Negative

  3. Neutral

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

The future outlook for the sportswear market in India is positive due to the growing demand for sportswear, the untapped rural market, and the rising popularity of e-commerce.

Multiple choice

What is the estimated global market size of health and wellness tourism?

  1. $4.2 trillion
  2. $6.3 trillion
  3. $8.5 trillion
  4. $10.7 trillion
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The global market size of health and wellness tourism is estimated to be around $6.3 trillion, highlighting its significant economic impact.

Multiple choice

What is the target set by the government for the manufacturing sector's contribution to GDP under the Make in India initiative?

  1. 25%

  2. 30%

  3. 35%

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

The government aims to increase the manufacturing sector's contribution to GDP from 16% to 25% by 2025 under the Make in India initiative.

Multiple choice

What is the government's target for reducing import dependence in the pharmaceuticals sector under the Atmanirbhar Bharat initiative?

  1. 20%

  2. 30%

  3. 40%

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

The government aims to reduce import dependence in the pharmaceuticals sector by 50% by 2025 under the Atmanirbhar Bharat initiative.

Multiple choice

What is the estimated value of the global Indian food industry?

  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 global Indian food industry is estimated to be worth $100 billion, making it one of the most popular cuisines in the world.

Multiple choice

What are some examples of countries that have achieved economic growth despite having a low sovereign rating?

  1. China

  2. India

  3. Vietnam

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

China, India, and Vietnam are all examples of countries that have achieved economic growth despite having a low sovereign rating.

Multiple choice

What is the approximate contribution of the handicrafts sector to India's GDP?

  1. 5%

  2. 10%

  3. 15%

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

The handicrafts sector contributes approximately 5% to India's GDP. This sector is a significant contributor to the country's economy, providing employment to millions of artisans and craftsmen.

Multiple choice

How often is the World Economic Outlook published?

  1. Annually

  2. Semi-annually

  3. Quarterly
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The World Economic Outlook is published semi-annually.