Economics · 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 size of the sportswear market in India in 2023?

  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 sportswear market in India is projected to reach ₹2 trillion by 2023, driven by factors such as rising disposable incomes, increasing awareness of fitness and health, and growing popularity of sports and athleisure wear.

Multiple choice

What is the contribution of sportswear exports to India's total merchandise exports?

  1. 5%

  2. 10%

  3. 15%

  4. 20%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Sportswear exports contribute approximately 10% to India's total merchandise exports, making it a significant contributor to the country's economy.

Multiple choice

What is the projected growth rate of the sportswear market in India over the next five years?

  1. 5-7%

  2. 7-9%

  3. 9-11%

  4. 11-13%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The sportswear market in India is expected to grow at a CAGR of 9-11% over the next five years, driven by factors such as increasing disposable incomes, rising awareness of fitness and health, and growing popularity of sports and athleisure wear.

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

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

  1. LFPR has been declining in recent years.

  2. LFPR has been increasing in recent years.

  3. LFPR has remained relatively stable in recent years.

  4. LFPR has fluctuated significantly in recent years.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In recent years, LFPR in India has shown a declining trend, raising concerns among policymakers and economists.

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 GDP of Ecuador?

  1. $100 billion
  2. $120 billion
  3. $140 billion
  4. $160 billion
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The GDP of Ecuador is estimated to be around $120 billion.

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.