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Major Economic Facts - 2012- 01

PUBLISHED BY: SURENDER KUMAR
APRIL 05, 2013

   
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Major Economic Facts - 2012- 01

 

The country with the largest Forex (foreign exchange) reserves --- China, India’s rank on the list --- 9th 

 

Largest employer in India --- Agriculture; 2nd largest employer --- MSME (Micro, Small and Medium Enterprises)

 

 % of Social Services spending as part of GDP in  FY 2011-12 --- 18.50%

 

Basel III norms are to be implemented by the RBI --- From January 1, 2013

 

The country which tops the Human Development Report for 2012 (released in 2013) --- Norway

 

Indian State / UT having the 2nd highest Per Capita Income --- Chandigarh (Rs.1, 20, 912)

 

Total allocation for Drinking Water and Sanitation in the 12th Five Year Plan --- Rs.36000 Crore

 

New Chief Economic Advisor to the Ministry of Finance --- Raghu Ram Rajan

 

Most Valuable Global Brand as per Brandz Study --- Apple - 1, Microsoft - 2, Google - 3

 

One Laptop Per Child Project is the goal of --- Project Shakshat

 

India’s export target for FY 2012-13 --- $350 bn

 

On the Global Hunger Index, India ranks --- 65th (out of 79 countries)

 

On the Global Hunger Index, China ranks 2 whereas the top nation is --- Azerbaijan

 

Justice M B Shah Commission is probing --- Illegal Mining

 

Total NPAs (Non-Performing Assets) of Indian Banking Sector in 2011-12 --- 1.28% (of total loans and advances)

 

US unemployment rate --- 7.8%; India's unemployment rate--- 3.8 %

 

The richest Indian ever --- The Nizam of Hyderabad Late Osman Ali Khan with a wealth of $ 236 billion  (Re. 12, 98000 Crore)

 

The richest person ever globally --- Mansa Musa I (14th century)

 

Carlos Slim is the ---- 22nd richest person ever whereas Warren Buffet is the ---- 24th

 

The 12th Plan growth rates for Agriculture, Industry and Services are --- 4%, 9.6% and 10% respectively

 

The period of the 14th Finance Commission --- 2015-20

 

Indian State with the least growth in population and the highest growth in urbanization --- Kerala

 

 

 



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