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
What is the estimated global market size of health and wellness tourism?
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$4.2 trillion
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$6.3 trillion
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$8.5 trillion
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$10.7 trillion
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.
What is the target set by the government for the manufacturing sector's contribution to GDP under the Make in India initiative?
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.
What is the government's target for reducing import dependence in the pharmaceuticals sector under the Atmanirbhar Bharat initiative?
D
Correct answer
Explanation
The government aims to reduce import dependence in the pharmaceuticals sector by 50% by 2025 under the Atmanirbhar Bharat initiative.
What is the approximate contribution of agriculture to India's Gross Domestic Product (GDP)?
B
Correct answer
Explanation
Agriculture contributes approximately 20% to India's GDP, making it a significant sector of the economy.
What is the projected global dependency ratio in 2050?
C
Correct answer
Explanation
The projected global dependency ratio in 2050 is 34.6%.
What is the estimated value of the global Indian food industry?
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$100 billion
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$200 billion
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$300 billion
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$400 billion
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.
What is the target of SDG 9: Industry, Innovation and Infrastructure for increasing the share of manufacturing in the global gross domestic product (GDP)?
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Increase the share of manufacturing in the global GDP to 15%
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Increase the share of manufacturing in the global GDP to 20%
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Increase the share of manufacturing in the global GDP to 25%
-
Increase the share of manufacturing in the global GDP to 30%
B
Correct answer
Explanation
The target of SDG 9: Industry, Innovation and Infrastructure for increasing the share of manufacturing in the global gross domestic product (GDP) is to increase the share of manufacturing in the global GDP to 20%.
What is the approximate contribution of the handicrafts sector to India's GDP?
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.
How much food is wasted in India annually?
-
50 million tons
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100 million tons
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150 million tons
-
200 million tons
B
Correct answer
Explanation
According to the Food and Agriculture Organization of the United Nations (FAO), India wastes approximately 100 million tons of food annually.
How often is the World Economic Outlook published?
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Annually
-
Semi-annually
-
Quarterly
B
Correct answer
Explanation
The World Economic Outlook is published semi-annually.
What is the estimated size of the sportswear retail market in India?
-
$10 billion
-
$15 billion
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$20 billion
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$25 billion
C
Correct answer
Explanation
The sportswear retail market in India is estimated to be worth around $20 billion.
What is the future outlook for sportswear retail in India?
-
Positive
-
Negative
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Neutral
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Uncertain
A
Correct answer
Explanation
The future outlook for sportswear retail in India is positive, due to the growing demand for sportswear, increasing disposable incomes, and rising popularity of sports.
What is the contribution of natural resources to India's GDP?
-
Less than 5%
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5-10%
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10-15%
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15-20%
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More than 20%
C
Correct answer
Explanation
Natural resources contribute between 10% and 15% to India's GDP.
How many jobs have been created under the Make in India initiative?
-
10 million
-
20 million
-
30 million
-
40 million
B
Correct answer
Explanation
As of 2022, the Make in India initiative has created over 20 million jobs in India.
What is the target for India's exports under the Make in India initiative?
-
$500 billion
-
$1 trillion
-
$1.5 trillion
-
$2 trillion
B
Correct answer
Explanation
The target for India's exports under the Make in India initiative is $1 trillion by 2025.