Economy of India Flashcard

Front

What is the fiscal year period in India? Options: 1 April – 31 March, 1 October – 30 September, 1 January – 31 December, 1 July – 30 June

Back

1 April – 31 March

Front

Which sector contributes the most to India's GDP? Options: Industry, Agriculture, Services, Infrastructure

Back

Services

Front

What percentage of India's GDP is driven by domestic consumption? Options: 50%, 60%, 70%, 80%

Back

70%

Front

Which country is India's largest export partner? Options: United States, China, European Union, United Arab Emirates

Back

United States

Front

What is the estimated GDP growth rate for India in FY2024? Options: 8.0%, 5.5%, 6.0%, 7.0%

Back

7.0%

Front

Which of the following is NOT a major industry in India?
Options:
Textiles
Food Processing
Chemicals

Back

Automobiles

Front

What is the main reason for India's economic liberalization in 1991? Options: Political instability, Balance of payments crisis, Population growth, Technological advancement

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Balance of payments crisis

Front

Which organization is India a member of since 1 January 1995? Options: NATO, ASEAN, European Union, World Trade Organization

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World Trade Organization

Front

What is the primary energy consumption share of coal and crude oil in India?

Back

85%

Front

Which Indian city is known as the financial centre of India? Options: Mumbai, Chennai, Delhi, Bangalore

Back

Mumbai