India Growth & Key Indicators — Set 10
Economy Advanced · भारत की वृद्धि और मुख्य संकेतक · Questions 91–100 of 100
India's Manufacturing sector as a percentage of GDP has stagnated at approximately:
Correct Answer: B. 15–17%
India's manufacturing sector contributes approximately 15–17% of GDP, which has remained stagnant for decades unlike China which achieved 28–30% manufacturing share. The National Manufacturing Policy 2011 targeted raising manufacturing to 25% of GDP and creating 100 million jobs by 2022, but these targets have not been met. Make in India (2014), PLI schemes, and industrial corridors aim to boost manufacturing's GDP share.
The Global Wealth Report published by Credit Suisse/UBS shows India's top 1% wealth share is approximately:
Correct Answer: C. 41%
According to the Global Wealth Report and Oxfam India reports, India's top 1% holds approximately 40–42% of the country's total wealth. The Oxfam Inequality Report 2023 'Survival of the Richest' highlighted that India's 21 billionaires hold more wealth than the bottom 700 million citizens. This extreme concentration of wealth is a major developmental challenge requiring progressive taxation and social spending.
India's Renewable Energy installed capacity target for 2030 is:
Correct Answer: B. 500 GW
India's target for non-fossil fuel-based electricity installed capacity is 500 GW by 2030, revised upward from 450 GW under India's updated NDC (Nationally Determined Contribution) submitted to UNFCCC in 2022. As of 2024, India's renewable energy capacity is approximately 185–190 GW. Solar, wind, and hydropower are the main components. India ranks 4th globally in renewable energy installed capacity.
India's Gross Domestic Savings Rate (as % of GDP) is approximately:
Correct Answer: B. 30%
India's Gross Domestic Savings Rate is approximately 30–32% of GDP, comprising household savings (~19-20%), corporate savings (~11%), and government savings (~1-2%). India's savings rate peaked at about 37% before the global financial crisis. China's savings rate (~44%) is higher, which enables higher investment and growth. Household financial savings have been declining while physical savings (real estate, gold) remain high.
India's State of Forest Report (SFR) 2021 showed India's total forest cover as approximately what percentage of geographical area?
Correct Answer: A. 21.7%
India's State of Forest Report (SFR) 2021 published by FSI (Forest Survey of India) showed total forest cover at 21.71% of India's geographical area. Adding tree cover, the combined cover is 24.62%. India's forest target is 33% of geographic area as per the Forest Policy 1988. Madhya Pradesh has the largest forest area, while Lakshadweep has the highest percentage. North-eastern states are most forested.
The Sustainable Development Goals (SDGs) have a total of how many goals and targets?
Correct Answer: A. 17 goals, 169 targets
The 2030 Agenda for Sustainable Development adopted by all UN member states in September 2015 comprises 17 Sustainable Development Goals (SDGs) and 169 targets. The SDGs succeed the Millennium Development Goals (MDGs, 2000-2015) and cover poverty, health, education, gender equality, clean water, energy, economy, inequality, environment, peace, and global partnerships. NITI Aayog is India's nodal agency for SDG implementation.
India's Exports of IT-BPM services in 2022-23 were approximately:
Correct Answer: B. $194 billion
India's IT-BPM (Information Technology and Business Process Management) exports reached approximately $194 billion in 2022-23, accounting for a major portion of India's total services exports. NASSCOM's annual report tracks these figures. The USA is the largest market (60%+) followed by Europe and UK. Major export categories include software products, IT services, BPM/BPO, and engineering R&D services.
India's rank in the Chandrayaan-3 context: India became the __ country to successfully land on the Moon's South Pole in 2023.
Correct Answer: A. 1st
India became the FIRST country to successfully land on the Moon's South Pole on August 23, 2023, with ISRO's Chandrayaan-3 mission landing the Vikram lander and Pragyan rover. This achievement made India the 4th country to soft-land on the Moon (after USA, USSR/Russia, and China). The South Pole landing was unprecedented due to the challenging terrain and scientifically important for potential water-ice discovery.
India's nominal GDP growth (at current prices) in 2023-24 was approximately:
Correct Answer: B. 11.0%
India's nominal GDP growth (at current prices) was approximately 9.6–11% in 2023-24, combining real GDP growth of about 8.2% with GDP deflator of 2–3%. Nominal GDP growth is important for assessing tax revenues, debt ratios, and corporate earnings. India's nominal GDP reached approximately ₹296 lakh crore ($3.57 trillion) in 2023-24 as per first advance estimates.
India's Startup Ecosystem ranks how many unicorns (startups valued $1B+) as of 2023?
Correct Answer: C. 108
India has approximately 108 unicorns (startups valued at $1 billion or more) as of 2023, making it the 3rd largest unicorn ecosystem globally after USA and China. India's startup ecosystem has over 90,000 recognized startups under DPIIT. The Startup India initiative launched in 2016 provided tax benefits, IPR fast-tracking, and fund-of-funds support. Bangalore, Delhi-NCR, and Mumbai are major startup hubs.