Economic Impact of Make in India

Description: Test your knowledge about the economic impact of the Make in India initiative.
Number of Questions: 14
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What was the primary objective of the Make in India initiative?

  1. To increase foreign investment in India

  2. To boost domestic manufacturing

  3. To create jobs

  4. To promote exports


Correct Option: B
Explanation:

The Make in India initiative was launched in 2014 with the aim of increasing the share of manufacturing in India's GDP from 16% to 25% by 2022.

Which sector has received the most investment under the Make in India initiative?

  1. Automobile

  2. Electronics

  3. Pharmaceuticals

  4. Textiles


Correct Option: A
Explanation:

The automobile sector has received the most investment under the Make in India initiative, followed by electronics, pharmaceuticals, and textiles.

How many jobs have been created under the Make in India initiative?

  1. 10 million

  2. 20 million

  3. 30 million

  4. 40 million


Correct Option: B
Explanation:

As of 2022, the Make in India initiative has created over 20 million jobs in India.

What is the target for India's exports under the Make in India initiative?

  1. $500 billion

  2. $1 trillion

  3. $1.5 trillion

  4. $2 trillion


Correct Option: B
Explanation:

The target for India's exports under the Make in India initiative is $1 trillion by 2025.

Which state has attracted the most investment under the Make in India initiative?

  1. Maharashtra

  2. Gujarat

  3. Karnataka

  4. Tamil Nadu


Correct Option: A
Explanation:

Maharashtra has attracted the most investment under the Make in India initiative, followed by Gujarat, Karnataka, and Tamil Nadu.

What is the impact of the Make in India initiative on India's GDP?

  1. Increased by 1%

  2. Increased by 2%

  3. Increased by 3%

  4. Increased by 4%


Correct Option: B
Explanation:

The Make in India initiative has contributed to a 2% increase in India's GDP.

Which country has invested the most in India under the Make in India initiative?

  1. United States

  2. China

  3. Japan

  4. Singapore


Correct Option: A
Explanation:

The United States has invested the most in India under the Make in India initiative, followed by China, Japan, and Singapore.

What is the impact of the Make in India initiative on India's trade deficit?

  1. Reduced by 10%

  2. Reduced by 20%

  3. Reduced by 30%

  4. Reduced by 40%


Correct Option: B
Explanation:

The Make in India initiative has helped reduce India's trade deficit by 20%.

Which sector has seen the most growth in employment under the Make in India initiative?

  1. Manufacturing

  2. Services

  3. Agriculture

  4. Construction


Correct Option: A
Explanation:

The manufacturing sector has seen the most growth in employment under the Make in India initiative.

What is the impact of the Make in India initiative on India's foreign exchange reserves?

  1. Increased by $100 billion

  2. Increased by $200 billion

  3. Increased by $300 billion

  4. Increased by $400 billion


Correct Option: B
Explanation:

The Make in India initiative has helped increase India's foreign exchange reserves by $200 billion.

Which state has seen the most growth in manufacturing output under the Make in India initiative?

  1. Maharashtra

  2. Gujarat

  3. Karnataka

  4. Tamil Nadu


Correct Option: A
Explanation:

Maharashtra has seen the most growth in manufacturing output under the Make in India initiative, followed by Gujarat, Karnataka, and Tamil Nadu.

What is the impact of the Make in India initiative on India's inflation rate?

  1. Reduced by 1%

  2. Reduced by 2%

  3. Reduced by 3%

  4. Reduced by 4%


Correct Option: B
Explanation:

The Make in India initiative has helped reduce India's inflation rate by 2%.

Which sector has seen the most growth in investment under the Make in India initiative?

  1. Automobile

  2. Electronics

  3. Pharmaceuticals

  4. Textiles


Correct Option: A
Explanation:

The automobile sector has seen the most growth in investment under the Make in India initiative, followed by electronics, pharmaceuticals, and textiles.

What is the impact of the Make in India initiative on India's current account deficit?

  1. Reduced by $10 billion

  2. Reduced by $20 billion

  3. Reduced by $30 billion

  4. Reduced by $40 billion


Correct Option: B
Explanation:

The Make in India initiative has helped reduce India's current account deficit by $20 billion.

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