Economics Quiz 1

 Share of agriculture in GDP increased 

enormously.

2. Share of India’s exports in world trade increased.
3. FDI inflows increased.
4. India’s foreign exchange reserves 

increased enormously.

Select the correct answer using the codes given below:

1. The rate of growth of real Gross Domestic 

Product has steadily increased in the last decade.

2. The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade

Which of the statement given above is/are correct?

1. Slowing economic growth rates
2. Less equitable distribution of national 

income

Select the correct answer using the code given below.

1. When there is an increase in the sales of a product
2. When there is a natural increase in the value of the property owned
3. When you purchase a painting and there is a growth in its value due to increase in its popularity

Select the correct answer using the codes given below:

1. The growth rate of GDP has steadily 

increased in the last five years.

2. The growth rate in per capita income has steadily increased in the last five years.

Which of the statements given above is/are correct?