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 contribution of the transportation and logistics sector to India's GDP?

  1. 5-7%

  2. 10-12%

  3. 15-17%

  4. 20-22%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The transportation and logistics sector contributes approximately 15-17% to India's GDP, highlighting its crucial role in the country's economic growth.

Multiple choice

According to the World Bank, what is the average annual growth rate of healthcare expenditure globally?

  1. 2-3%

  2. 4-5%

  3. 6-7%

  4. 8-9%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The World Bank estimates that the average annual growth rate of healthcare expenditure globally is approximately 4-5%, indicating a steady increase in healthcare spending over time.

Multiple choice

What percentage of India's total sportswear imports come from China?

  1. 40%

  2. 60%

  3. 80%

  4. 90%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

China is the largest exporter of sportswear to India, accounting for around 80% of the total imports.

Multiple choice

What is the approximate value of India's annual sportswear imports?

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

India's annual sportswear imports are valued at around $2 billion.

Multiple choice

What is the estimated annual revenue generated by Indian diaspora-owned businesses globally?

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

Indian diaspora-owned businesses are estimated to generate over $2 trillion in annual revenue globally.

Multiple choice

How much revenue does India generate from adventure and outdoor tourism each year?

  1. More than $1 billion
  2. More than $2 billion
  3. More than $3 billion
  4. More than $4 billion
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

India generates more than $2 billion from adventure and outdoor tourism each year.

Multiple choice

The National Sports Policy 2022 sets a target of increasing India's share of global sports economy to what percentage by 2030?

  1. 5%

  2. 10%

  3. 15%

  4. 20%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The National Sports Policy 2022 aims to increase India's share of the global sports economy to 10% by 2030.

Multiple choice

What are some of the recent trends in PILs in India?

  1. There has been an increase in the number of PILs filed in recent years

  2. There has been an increase in the number of PILs that are successful

  3. There has been an increase in the number of PILs that are filed by non-governmental organizations

  4. All of the above

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

There have been a number of recent trends in PILs in India. There has been an increase in the number of PILs filed in recent years, an increase in the number of PILs that are successful, and an increase in the number of PILs that are filed by non-governmental organizations.

Multiple choice

What was the growth rate of the Indian economy during the Fourth Five-Year Plan?

  1. 3.5%

  2. 4.5%

  3. 5.5%

  4. 6.5%

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The growth rate of the Indian economy during the Fourth Five-Year Plan was 3.5%.

Multiple choice

What is the current FDI limit in the services sector in India?

  1. 100%

  2. 51%

  3. 26%

  4. It varies depending on the sub-sector

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The FDI limit in the services sector in India varies depending on the sub-sector. Some sub-sectors have a 100% FDI limit, while others have lower limits.

Multiple choice

What is the projected growth rate of the global health and wellness tourism market?

  1. 5-7%

  2. 10-12%

  3. 15-17%

  4. 20-22%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The global health and wellness tourism market is experiencing significant growth, with a projected annual growth rate of 15-17%.

Multiple choice

What is the maximum foreign direct investment (FDI) allowed in the Indian media sector?

  1. 20%

  2. 26%

  3. 49%

  4. 74%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The maximum FDI allowed in the Indian media sector is 49%.

Multiple choice

What is the total external debt of India as of March 2022?

  1. \$515.5 billion
  2. \$625.5 billion
  3. \$735.5 billion
  4. \$845.5 billion
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

As of March 2022, India's total external debt stands at \$625.5 billion.

Multiple choice

According to the Bureau of Economic Analysis, what percentage of the U.S. GDP was generated by the arts and culture sector in 2020?

  1. 4.2%

  2. 6.3%

  3. 8.5%

  4. 10.7%

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The arts and culture sector contributed 4.2% to the U.S. GDP in 2020, according to the Bureau of Economic Analysis.

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
C Correct answer
Explanation

The sportswear market in India is estimated to reach $20 billion in 2023, reflecting the growing demand for sportswear products and the increasing popularity of sports and fitness activities in the country.