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 contribution of the transportation and logistics sector to India's GDP?
-
5-7%
-
10-12%
-
15-17%
-
20-22%
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.
According to the World Bank, what is the average annual growth rate of healthcare expenditure globally?
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.
What percentage of India's total sportswear imports come from China?
C
Correct answer
Explanation
China is the largest exporter of sportswear to India, accounting for around 80% of the total imports.
What is the approximate value of India's annual sportswear imports?
-
$1 billion
-
$2 billion
-
$3 billion
-
$4 billion
B
Correct answer
Explanation
India's annual sportswear imports are valued at around $2 billion.
What is the estimated annual revenue generated by Indian diaspora-owned businesses globally?
-
$1 trillion
-
$2 trillion
-
$3 trillion
-
$4 trillion
B
Correct answer
Explanation
Indian diaspora-owned businesses are estimated to generate over $2 trillion in annual revenue globally.
How much revenue does India generate from adventure and outdoor tourism each year?
-
More than $1 billion
-
More than $2 billion
-
More than $3 billion
-
More than $4 billion
B
Correct answer
Explanation
India generates more than $2 billion from adventure and outdoor tourism each year.
The National Sports Policy 2022 sets a target of increasing India's share of global sports economy to what percentage by 2030?
B
Correct answer
Explanation
The National Sports Policy 2022 aims to increase India's share of the global sports economy to 10% by 2030.
What are some of the recent trends in PILs in India?
-
There has been an increase in the number of PILs filed in recent years
-
There has been an increase in the number of PILs that are successful
-
There has been an increase in the number of PILs that are filed by non-governmental organizations
-
All of the above
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.
What was the growth rate of the Indian economy during the Fourth Five-Year Plan?
A
Correct answer
Explanation
The growth rate of the Indian economy during the Fourth Five-Year Plan was 3.5%.
What is the current FDI limit in the services sector in India?
-
100%
-
51%
-
26%
-
It varies depending on the sub-sector
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.
What is the projected growth rate of the global health and wellness tourism market?
-
5-7%
-
10-12%
-
15-17%
-
20-22%
C
Correct answer
Explanation
The global health and wellness tourism market is experiencing significant growth, with a projected annual growth rate of 15-17%.
What is the maximum foreign direct investment (FDI) allowed in the Indian media sector?
C
Correct answer
Explanation
The maximum FDI allowed in the Indian media sector is 49%.
What is the total external debt of India as of March 2022?
-
\$515.5 billion
-
\$625.5 billion
-
\$735.5 billion
-
\$845.5 billion
B
Correct answer
Explanation
As of March 2022, India's total external debt stands at \$625.5 billion.
According to the Bureau of Economic Analysis, what percentage of the U.S. GDP was generated by the arts and culture sector in 2020?
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.
What is the estimated size of the sportswear market in India in 2023?
-
$10 billion
-
$15 billion
-
$20 billion
-
$25 billion
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.