Economy of India Flashcard

Front

What is the fiscal year period in India?

Back

1 April – 31 March

Front

Which sector contributes the most to India's GDP?

Back

Services

Front

What percentage of India's GDP is driven by domestic consumption?

Back

70%

Front

Which country is India's largest export partner?

Back

United States

Front

What is the estimated GDP growth rate for India in FY2024?

Back

7.0%

Front

Which of the following is NOT a major industry in India? Automobiles, Textiles, Food Processing, Chemicals

Back

Automobiles

Front

What is the main reason for India's economic liberalization in 1991?

Back

Balance of payments crisis

Front

Which organization is India a member of since 1 January 1995?

Back

World Trade Organization

Front

What is the primary energy consumption share of coal and crude oil in India?

Back

85%

Front

Which Indian city is known as the financial centre of India?

Back

Mumbai