Indian History Overview

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Questions and Answers

What year did India become a Republic?

  • 1947
  • 1950 (correct)
  • 1919
  • 1858

Which empire is known for creating a composite Hindu culture in southern India during the 15th century?

  • Vijayanagara Empire (correct)
  • Delhi Sultanate
  • Mughal Empire
  • British Empire

Which major event caused India to partition into two independent states in 1947?

  • The British Crown rule
  • World War I
  • The independence movement (correct)
  • World War II

Which of the following describes India's economic situation prior to its recent growth?

<p>Poor infrastructure and state sector issues (D)</p> Signup and view all the answers

What was the primary method of resistance used by Mahatma Gandhi in the push for Indian independence?

<p>Non-violent resistance (A)</p> Signup and view all the answers

Which country did India surpass to become the world’s fifth-largest economy?

<p>United Kingdom (C)</p> Signup and view all the answers

What was the role of the British East India Company in India's economy before colonial rule?

<p>Turned India into a colonial economy (D)</p> Signup and view all the answers

Which of the following religious groups emerged in the Punjab region during India's history?

<p>Sikhism (A)</p> Signup and view all the answers

What is primarily driving India's economy?

<p>Domestic demand (A)</p> Signup and view all the answers

What challenge does India face in comparison to its trade partners?

<p>Economic slowdown in trade partners (A)</p> Signup and view all the answers

Which sector is crucial for India's future economic growth according to the content?

<p>Manufacturing (B)</p> Signup and view all the answers

What was the expected target for Indian exports by 2030?

<p>US$ 1 trillion (D)</p> Signup and view all the answers

What percentage of India's economy is accounted for by consumer demand?

<p>55% (A)</p> Signup and view all the answers

How did India's exports perform during the pandemic compared to other growth engines?

<p>They aided recovery. (C)</p> Signup and view all the answers

What key issue must India prioritize according to the World Bank?

<p>Lowering inequality (A)</p> Signup and view all the answers

What has been a result of India's rapid economic growth over recent decades?

<p>Higher demand for exports (C)</p> Signup and view all the answers

What percentage of India's GDP was contributed by the IT industry at the end of 2011?

<p>7.5% (D)</p> Signup and view all the answers

By 2022, India surpassed which country to become the third-largest vehicle market?

<p>Japan (C)</p> Signup and view all the answers

How many pharmaceutical companies were reported in India as of 2021?

<p>3,000 (B)</p> Signup and view all the answers

What is the projected growth of India's GDP for the year 2024-2025?

<p>7% (A)</p> Signup and view all the answers

Which phase marks the 'decade of transformative growth' for India?

<p>2014-present (C)</p> Signup and view all the answers

What was India's share of world income in 1952?

<p>3.8% (A)</p> Signup and view all the answers

What was the decadal average growth rate of India from 1952 to 1960?

<p>3.9% (D)</p> Signup and view all the answers

What is the estimated size of India's local pharmaceutical market as of 2021?

<p>US$ 42 billion (B)</p> Signup and view all the answers

What is India predicted to achieve in the next decade regarding its economy?

<p>Surpass Germany and Japan to become the third-largest economy. (C)</p> Signup and view all the answers

What is the estimated market capitalization of India's stock market expected to reach by 2030?

<p>$10 trillion (B)</p> Signup and view all the answers

As of FY 2023, what is the estimated total revenue generated by the IT and BPM industries in India?

<p>$245 billion (C)</p> Signup and view all the answers

Which aspect of India's economy has made it an attractive destination for investments?

<p>High GDP growth rate and improved ease of doing business (D)</p> Signup and view all the answers

In the World Bank's Ease of Doing Business Ranking 2020, what was India's rank compared to 2014?

<p>142nd to 63rd (A)</p> Signup and view all the answers

What is one of the main challenges India faces in attracting more investments?

<p>Late economic development and catching up is difficult (C)</p> Signup and view all the answers

What percentage of India's GDP did the IT-BPM sector contribute in FY 2022?

<p>7.4% (B)</p> Signup and view all the answers

What is a significant focus for India's new labor codes?

<p>Aligning with international labor standards (D)</p> Signup and view all the answers

What is essential for India to be recognized as a serious global actor?

<p>Investing in a modern military and strengthening democratic institutions (D)</p> Signup and view all the answers

By what year does India aspire to achieve 500 GW of green energy capacity?

<p>2030 (C)</p> Signup and view all the answers

Which of the following factors is NOT listed as a promise for India's global role?

<p>Highly developed technology sector (A)</p> Signup and view all the answers

What is the current rank of India's military globally?

<p>4th largest military (C)</p> Signup and view all the answers

How much did the number of households with a disposable income of more than $10,000 increase from 1990 to 2015?

<p>From 2.5 million to 50 million (C)</p> Signup and view all the answers

Which industry is regarded as the second largest in India?

<p>Telecommunication (C)</p> Signup and view all the answers

What percentage of India's GDP does the telecommunication industry contribute?

<p>6.5% (A)</p> Signup and view all the answers

What demographic advantage is India expected to benefit from in the future?

<p>A demographic dividend with a young population (B)</p> Signup and view all the answers

What is the primary purpose of the Real Estate (Regulation and Development) Act, 2016?

<p>To promote transparent transactions and reduce black money circulation. (C)</p> Signup and view all the answers

Which of the following measures was introduced to reduce the tax burden on individuals and businesses?

<p>Implementation of the Goods and Services Tax (GST). (C)</p> Signup and view all the answers

What significant effect did the decriminalization of minor economic offenses under the Companies Act, 2013 have?

<p>Facilitated ease of doing business. (D)</p> Signup and view all the answers

What achievement is associated with the construction of pucca houses?

<p>Over 2.6 crore pucca houses were built for the poor. (A)</p> Signup and view all the answers

What is a significant concern regarding the impact of Artificial Intelligence on employment?

<p>AI may lead to job displacement, particularly in service sectors. (A)</p> Signup and view all the answers

What was a key focus of the Revival of the disinvestment policy?

<p>To minimize government presence in public sector enterprises. (B)</p> Signup and view all the answers

How has public spending on infrastructure changed from FY14 to 2023-24?

<p>Increased to 4.5% of GDP from 2.8%. (A)</p> Signup and view all the answers

What challenge does energy security pose in relation to economic growth?

<p>It creates challenges related to balancing energy security and economic growth. (C)</p> Signup and view all the answers

Study Notes

India's History

  • India became a republic in 1950, governed by a democratic parliamentary system.
  • A major nuclear power with high military spending.
  • The world's most populous democracy since independence in 1947.
  • Strong British rule legal and administrative foundations.
  • Multi-lingual and multi-ethnic society with various religions (Christianity, Islamism, Buddhism, Judaism, and Hinduism).
  • Muslim armies from Central Asia intermittently controlled northern India, eventually establishing the Delhi Sultanate.
  • The Vijayanagara Empire in the 15th century shaped Southern India's composite Hindu culture.
  • Sikhism emerged in the Punjab, rejecting institutionalized religions.
  • The Mughal Empire (1526-1707) brought two centuries of relative peace under Islamic governance.
  • British East India Company colonized India's economy in 1858, exploiting resources and labor.
  • A social movement led by Mahatma Gandhi and the National Indian Congress led to non-violent resistance for independence from British rule.
  • India voted to not cooperate with the UK in WWII.
  • In 1947, the British Indian Empire was partitioned into India (Hindu majority) and Pakistan (Muslim majority), causing widespread human suffering.

India's Economic Significance

  • India has significantly risen as a global economic power.
  • Was once seen as lagging behind China, hampered by bureaucracy and a large state sector, but now is a rival.
  • Has surpassed the UK to become the world's fifth-largest economy according to recent data from the IMF.
  • Projected to overtake Germany and Japan, becoming the third-largest economy within a decade.

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