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 impact of the Make in India initiative on India's GDP?

  1. Increased by 1%

  2. Increased by 2%

  3. Increased by 3%

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

The Make in India initiative has contributed to a 2% increase in India's GDP.

Multiple choice

What is the impact of the Make in India initiative on India's trade deficit?

  1. Reduced by 10%

  2. Reduced by 20%

  3. Reduced by 30%

  4. Reduced by 40%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Make in India initiative has helped reduce India's trade deficit by 20%.

Multiple choice

What is the impact of the Make in India initiative on India's inflation rate?

  1. Reduced by 1%

  2. Reduced by 2%

  3. Reduced by 3%

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

The Make in India initiative has helped reduce India's inflation rate by 2%.

Multiple choice

What is the impact of the Make in India initiative on India's current account deficit?

  1. Reduced by $10 billion
  2. Reduced by $20 billion
  3. Reduced by $30 billion
  4. Reduced by $40 billion
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Make in India initiative has helped reduce India's current account deficit by $20 billion.

Multiple choice

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

  1. 15-20%

  2. 20-25%

  3. 25-30%

  4. 30-35%
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The agriculture sector contributes around 15-20% to India's GDP.

Multiple choice

What is the contribution of the construction sector to India's 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

The construction sector contributes around 10-15% to India's GDP.

Multiple choice

How has the contribution of the agriculture sector to India's GDP changed over the past few decades?

  1. It has increased

  2. It has decreased

  3. It has remained the same

  4. It has fluctuated
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The contribution of the agriculture sector to India's GDP has decreased over the past few decades, as the economy has shifted towards industry and services.

Multiple choice

What is the future outlook for the contribution of the services sector to India's GDP?

  1. It is expected to continue to grow

  2. It is expected to remain stable

  3. It is expected to decline

  4. It is uncertain
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The services sector is expected to continue to grow in the coming years, as India's economy continues to develop.

Multiple choice

What is the target for government deficit in India for the year 2023-24?

  1. 3.5%

  2. 3.8%

  3. 4.1%

  4. 4.4%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The target for government deficit in India for the year 2023-24 is 3.8%.

Multiple choice

What is the current inflation rate in India?

  1. 5%

  2. 6%

  3. 7%

  4. 8%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The current inflation rate in India is 7%. This is based on the Consumer Price Index (CPI), which measures the change in the cost of living over time.

Multiple choice

What is the total value of trade between India and ASEAN countries in 2022?

  1. $100 billion
  2. $150 billion
  3. $200 billion
  4. $250 billion
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The total value of trade between India and ASEAN countries in 2022 was estimated to be around $200 billion.

Multiple choice

What is India's target for reducing the emissions intensity of its GDP by 2030, as per its INDC?

  1. 20%

  2. 25%

  3. 30%

  4. 35%
Reveal answer Fill a bubble to check yourself
Correct answer
Explanation

India's INDC sets a target to reduce the emissions intensity of its GDP by 33-35% below 2005 levels by 2030.

Multiple choice

What is the expected growth rate of the IoT device market from 2022 to 2027?

  1. 10%

  2. 15%

  3. 20%

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

The IoT device market is expected to grow at a CAGR of 20% from 2022 to 2027.

Multiple choice

What is the value of the global textile and clothing market?

  1. $1.5 trillion
  2. $2 trillion
  3. $2.5 trillion
  4. $3 trillion
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The value of the global textile and clothing market is estimated to be around $2 trillion.

Multiple choice

What is the Gini coefficient of India?

  1. 0.38

  2. 0.42

  3. 0.46

  4. 0.50
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Gini coefficient of India is 0.38, which is considered to be moderate income inequality. This means that there is a significant gap between the rich and the poor in India, but it is not as extreme as in some other countries.