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Questions and Answers
What was India's real GDP growth rate in FY24?
What was the share of the agriculture sector in India's Gross Value Added (GVA) at current prices in FY24?
By how much did India's capital expenditure increase on a year-on-year basis in FY24?
In FY24, India's merchandise exports:
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What was the fiscal deficit of the Union Government as a percentage of GDP in FY24?
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Which of the following was the main reason for the decline in India's expenditure on major subsidies in FY24?
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What is the ratio of external debt to GDP for India as of March 2024?
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India's service exports reached a new high of how much in FY24?
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Study Notes
Indian Economy FY24
- Real GDP growth: 8.2%
- Agriculture sector share in GVA: 17.7%
- Capital expenditure increase: 28.2% year-on-year
- Merchandise exports: Registered a marginal decline in growth
- Fiscal deficit: 5.6% of GDP
- Main reason for decline in subsidies: Decrease in food and fertilizer subsidies
- External debt to GDP ratio: 18.7%
- Service exports: Reached a new high of USD 341.1 billion
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Description
Test your knowledge on the key indicators and performance of the Indian economy for the financial year 2024. This quiz covers GDP growth, sector contributions, exports, fiscal deficit, and more, providing a comprehensive understanding of the economic landscape. Challenge yourself to see how well you grasp the current economic data!
