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 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

What is the expected growth rate of the sportswear market in India from 2023 to 2028?

  1. 5.5%

  2. 7.5%

  3. 9.5%

  4. 11.5%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The sportswear market in India is expected to grow at a CAGR of 9.5% from 2023 to 2028.

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.

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 estimated size of the sportswear market in India in 2023?

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

The sportswear market in India is estimated to be worth $15 billion in 2023.

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 percentage of India's total GDP does agriculture contribute?

  1. 15%

  2. 20%

  3. 25%

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

Agriculture contributes approximately 15% to India's total GDP, making it a significant sector in the Indian economy.