S. INDIA 5TH LARGEST ECONOMY Flashcards

1
Q

India reached 5th largest economy overtaking which country?

A

UK

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2
Q

RANKING

A

1st-US
2nd-china
3rd-Japan
4th-Germany

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3
Q

India is set to become third largest economy by?

A

2029

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4
Q

Size of nominal cash terms in the quarter

A

India-MARCH(USD 854.7 billion)
UK-USD 816 billion

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5
Q

population of UK and INDIA

A

INDIA-1.41 billion
UK-68.5 million

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6
Q

India’s rank in terms of per capita income in 2021?

A

122/190

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7
Q

HUMAN DEVELOPEMENT INDEX

A

UK-0.932
INDIA-0.645

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8
Q

India’s GDP expanded in april-june quarter?

A

13.5%

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9
Q

The growth was lower than RBI’s estimate of?

A

16.2%

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10
Q

India’s population is what times of UK?

A

20 TIMES

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11
Q

A decade back ranks?

A

india-11th
UK- 5th

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12
Q

Growth percent of both countries?

A

India-7%
UK-less than 1%

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13
Q

India’s GDP currently

A

13.5%

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14
Q

US BASED THINK TANK?

A

WORLD POPULATION REVIEW

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15
Q

Indian economic liberalisation began in?

A

early 1990s

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16
Q

India’s service sector accounting

A

economy-60%
employment-28%

17
Q

UK slipped to which spot?

A

6th

18
Q

Slowing growth of manufacturing sector at?

A

4.8%

19
Q

Central bank has raised benchmark of policy rate by?

A

140 basis points

20
Q

in 2016 what was our growth?

A

8.2%

21
Q

Our service sector accounts for how much percent of the total GDP?

A

52%

22
Q

WORLD BANK projection of india’s GDP?

A

2022-23=9%
2023-24=7.1%

23
Q

CHIEF ECONOMIC ADVISER

A

V. ANANTHA NAGEHWARAM

24
Q

when did pm envisage to make india 5 trillion economy?

A

2019 =====till 2024-25

25
Q

economic adviser target

A

5 trillion by=2026-27
10 trillion by=2033