5 Trillion Dollar Economy — Prelims Questions

Which of the following statements regarding India's 5 Trillion Dollar Economy target is/are correct? 1. The target was initially set to be achieved by the fiscal year 2024-25. 2. It requires a sustained real GDP growth rate of approximately 6-7% per annum. 3. The manufacturing sector is targeted to contribute 25% to the GDP to achieve this goal. Select the correct answer using the code given below:

Which of the following government initiatives are directly aligned with India's goal of becoming a 5 Trillion Dollar Economy? 1. Production Linked Incentive (PLI) Schemes 2. National Infrastructure Pipeline (NIP) 3. PM Gati Shakti Master Plan 4. Atmanirbhar Bharat Abhiyan Select the correct answer using the code given below:

Which of the following Directive Principles of State Policy (DPSP) are most directly relevant to the underlying philosophy of India's 5 Trillion Dollar Economy target, particularly concerning inclusive growth and equitable distribution? 1. Article 39(a): Right to an adequate means of livelihood. 2. Article 39(b): Distribution of material resources for common good. 3. Article 39(c): Prevention of concentration of wealth. 4. Article 43: Living wage, etc., for workers. Select the correct answer using the code given below:

Consider the following statements regarding the sectoral contribution targets for India's 5 Trillion Dollar Economy: 1. The services sector is expected to maintain its dominant share, contributing over 60% to the GDP. 2. The manufacturing sector aims to increase its share to 25% of the GDP. 3. Agriculture is expected to significantly increase its share in GDP through modernization and value addition. Which of the statements given above is/are correct?

Which of the following is NOT a primary focus area for investment requirements to achieve India's 5 Trillion Dollar Economy target?