Economics · General Awareness

Indian Economy Statistics

976 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 value of India's jewelry market in 2022?

  1. ₹10 trillion

  2. ₹20 trillion

  3. ₹30 trillion

  4. ₹40 trillion
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Indian jewelry market is estimated to be worth ₹40 trillion in 2022, making it one of the largest in the world.

Multiple choice

What percentage of the global gold demand is met by India?

  1. 25%

  2. 30%

  3. 35%

  4. 40%
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India is the world's largest consumer of gold, accounting for approximately 25% of the global demand.

Multiple choice

What is the contribution of the Indian jewelry industry to the country's GDP?

  1. 5%

  2. 7%

  3. 9%

  4. 11%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Indian jewelry industry contributes approximately 7% to the country's GDP, highlighting its economic significance.

Multiple choice

What is the estimated contribution of the sports industry to India's GDP?

  1. 1.5%

  2. 2.5%

  3. 3.5%

  4. 4.5%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The sports industry contributes approximately 2.5% to India's GDP.

Multiple choice

How many jobs are estimated to be created by the sports industry in India?

  1. 1 million

  2. 2 million

  3. 3 million

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

The sports industry is estimated to create around 2 million jobs in India.

Multiple choice

How often is the CPI released in India?

  1. Monthly

  2. Quarterly

  3. Annually

  4. Semi-annually
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The CPI is released monthly in India, providing up-to-date information on inflation.

Multiple choice

What percentage of global GDP is sovereign debt?

  1. 20%.

  2. 30%.

  3. 40%.

  4. 50%.
Reveal answer Fill a bubble to check yourself
Correct answer
Explanation

The percentage of global GDP that is sovereign debt is 30%.

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, making it a significant contributor to the country's economic growth.

Multiple choice

Which country in Latin America has the highest GDP per capita?

  1. Argentina

  2. Brazil

  3. Chile

  4. Colombia

  5. Mexico
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Chile has the highest GDP per capita in Latin America, with a GDP per capita of $15,000 in 2020.

Multiple choice

What is the approximate contribution of the services sector to India's Gross Domestic Product (GDP)?

  1. 25-30%

  2. 35-40%

  3. 45-50%

  4. 55-60%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The services sector is the largest contributor to India's GDP, accounting for approximately 55-60% of the total GDP.

Multiple choice

What is the role of the Central Statistical Organization (CSO) in data quality management in India?

  1. To develop and maintain data quality standards for statistical data.

  2. To collect and disseminate statistical data on various aspects of the economy and society.

  3. To coordinate with other government agencies on data quality issues.

  4. To provide training and capacity building on data quality management.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Central Statistical Organization (CSO) is responsible for developing and maintaining data quality standards for statistical data collected and disseminated by government agencies.

Multiple choice

What is the estimated value of the global ocean economy?

  1. $2.5 trillion
  2. $5 trillion
  3. $7.5 trillion
  4. $10 trillion
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The global ocean economy is estimated to be worth around $7.5 trillion, contributing significantly to global GDP.

Multiple choice

What is the contribution of SMEs to the Indian economy?

  1. Around 8% of GDP.

  2. Around 15% of GDP.

  3. Around 25% of GDP.

  4. Around 35% of GDP.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

SMEs contribute around 35% to the Indian economy's GDP.

Multiple choice

What is the employment generation by SMEs in India?

  1. Around 10 million jobs.

  2. Around 20 million jobs.

  3. Around 30 million jobs.

  4. Around 40 million jobs.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

SMEs generate around 40 million jobs in India.

Multiple choice

What is the approximate share of rural GDP in India's total GDP?

  1. 25%

  2. 35%

  3. 45%

  4. 55%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

As of 2020, the rural sector contributes approximately 45% to India's total GDP.