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  • Question
  • What will be the position of India in Consumer Market By 2030?


  • Options
  • A. 5th
  • B. 3rd
  • C. 8th
  • D. 12th

  • Correct Answer
  • 3rd 

    Explanation
    A report by World Economic Forum stated that India is set to become the world's third largest consumer market behind only USA and China by 2030. The report was titled as 'Future of Consumption in Fast-Growth Consumer Market - India'. As per the report, consumer spending in India is expected to grow from 1.5 trillion US dollar at present to six trillion US dollar by 2030. With the annual GDP growth rate of 7.5 percent, India is currently the world's sixth largest economy.

  • More questions

    • 1. Which telescope was used to determine that, dark matter is not made up of tiny primordial black holes as stated by Stephen Hawking?

    • Options
    • A. Hobby-Eberly Telescope
    • B. Subaru telescope
    • C. Large Binocular Telescope
    • D. Large Zenith Telescope
    • Discuss
    • 2. Which of the following bank has been categorized as a private sector lender following the acquisition of majority stake by Life Insurance Corporation?

    • Options
    • A. Axis Bank
    • B. HDFC Bank
    • C. IDBI Bank
    • D. Punjab National Bank
    • Discuss
    • 3. From which state, CBDT detects unaccounted cash collection racket of Rs 281 crore?

    • Options
    • A. Maharastra
    • B. Haryana
    • C. Madhya Pradesh
    • D. Andra Pradesh
    • Discuss
    • 4. Which State government has launched initiatives to educate voters?

    • Options
    • A. Assam
    • B. Gujarat
    • C. Tamil Nadu
    • D. Uttar Pradesh
    • Discuss
    • 5. The 4th Global Digital Health Partnership Summit was hosted by which of the following country?

    • Options
    • A. India
    • B. Singapore
    • C. New Zealand
    • D. Philippines
    • Discuss
    • 6. How much percent of India's energy demand has increased in 2018 according to International Energy Agency (IEA)'s Global Energy & CO2 status report?

    • Options
    • A. 4%
    • B. 3.3%
    • C. 4.5%
    • D. 3.8%
    • Discuss
    • 7. Union Cabinet recently approved a hike in Dearness Allowance to central government employees from 9% to ___________%.

    • Options
    • A. 15%
    • B. 12%
    • C. 18%
    • D. 16%
    • Discuss
    • 8. Muhammadu Buhari was re-elected as the president of which of the following country?

    • Options
    • A. Morocco
    • B. Sudan
    • C. Nigeria
    • D. Libya
    • Discuss
    • 9. Recently, this country evacuates peacekeeping CRPF contingent from Libya.

    • Options
    • A. India
    • B. Sri Lanka
    • C. Bangladesh
    • D. Pakistan
    • Discuss
    • 10. India placed __________ in the world's most innovative countries according to the Bloomberg 2019 Innovative Index.

    • Options
    • A. 21st
    • B. 66th
    • C. 32nd
    • D. 54th
    • Discuss


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