Creative_Economy_MCQs.pdf

MCQs on Creative Economy 1. What is the estimated global value of the creative economy as of 2020? A. $500 billion B. $2.25 trillion C. $4.3 trillion D. $6.5 trillion Answer: C 2. What percentage of the global workforce is employed in the creative economy? A. 2% B. 5% C. 10% D. 15% Answe...

MCQs on Creative Economy 1. What is the estimated global value of the creative economy as of 2020? A. $500 billion B. $2.25 trillion C. $4.3 trillion D. $6.5 trillion Answer: C 2. What percentage of the global workforce is employed in the creative economy? A. 2% B. 5% C. 10% D. 15% Answer: B 3. In 2021, what was the approximate contribution of the creative economy to India's GDP? A. 2% B. 5% C. 8% D. 10% Answer: B 4. Which industry within India's creative economy contributes the largest share to the sector? A. Film and entertainment B. Fashion and textiles C. Crafts and design D. Music and performing arts Answer: A 5. How many people are employed in India's creative economy sector, as of recent estimates? A. 1 million B. 5 million C. 8 million D. 10 million Answer: D 6. What was the total export value of India's creative goods and services in 2020? A. $10 billion B. $15 billion C. $25 billion D. $40 billion Answer: B 7. Which city in India is recognized as a global hub for the film industry, contributing significantly to the creative economy? A. New Delhi B. Mumbai C. Kolkata D. Hyderabad Answer: B 8. What percentage of India's workforce in the creative economy is composed of freelancers or independent workers? A. 20% B. 35% C. 50% D. 70% Answer: C 9. What is the expected annual growth rate of the creative economy in India by 2025? A. 5% B. 8% C. 12% D. 15% Answer: C 10. How many UNESCO Creative Cities does India have as of 2023? A. 2 B. 5 C. 8 D. 10 Answer: C 11. What is the approximate percentage of India's cultural exports (films, music, etc.) out of the total exports from the country? A. 2% B. 5% C. 7% D. 10% Answer: B 12. Which sector in India's creative economy is witnessing the fastest growth? A. Animation and gaming B. Film and entertainment C. Handicrafts D. Performing arts Answer: A 13. How much is the estimated global export value of creative goods as of 2022? A. $400 billion B. $600 billion C. $1 trillion D. $2 trillion Answer: B 14. What percentage of India's creative economy is composed of micro and small enterprises? A. 30% B. 50% C. 70% D. 90% Answer: D 15. India's creative economy employs what percentage of women compared to the global average? A. 15% lower than the global average B. Equal to the global average C. 10% higher than the global average D. 5% higher than the global average Answer: C 16. What role does India's creative economy play in global cultural exchange? A. Leading exporter of cultural products B. Focuses primarily on domestic consumption C. Minimal role in global creative economy D. Dependent on imports of creative goods Answer: A 17. Which sector within India's creative economy has the largest global impact? A. Bollywood and film production B. Traditional crafts C. Performing arts D. Digital marketing and animation Answer: A 18. What is the projected value of India's creative economy by 2030? A. $100 billion B. $150 billion C. $200 billion D. $250 billion Answer: C 19. What is a major challenge facing the growth of the creative economy in India? A. Lack of digital infrastructure B. Inadequate government policies C. Lack of skilled labor D. High export tariffs Answer: C 20. What is the role of government schemes like 'Hunar Haat' in India's creative economy? A. Promoting traditional arts and crafts B. Providing financial support to large-scale industries C. Subsidizing only digital content creation D. Focusing on tax reductions for artists Answer: A