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Major Economic Facts - 2012- 02

PUBLISHED BY: SURENDER KUMAR
APRIL 08, 2013

   
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 Major Economic Facts - 2012- 02

Saakshar Bharat Mission goals --- Improving literacy level from 64% to 80% by 2017, 100% literacy in 365 low literacy districts

 

Gross Market Borrowings planned by the government during FY 2012-13 --- Re. 5, 69, 000 Crore

 

SISTEMA Tele-services, implicated in the 2G scandal belongs to --- Russia

 

For loans to Economically Weaker Sections (EWS) / Low Income Groups (Priority Sector Lending), the annual income limit is --- Rs.1.120 lac per annum

 

As per Census -2011, total male population is 62.37 Cr (51.54%), total female population is --- 58.65 Cr (48.46%)

 

Total % Indian of households availing of banking services --- 58.70 %

 

No. of services in the Negative List (attracting no service tax) --- 38

 

As per the DGCA, airline  ranked  1 --- Indigo

                                                            2 --- Jetlite

                                                            3 --- SpiceJet

                                                            4 --- Air India

NPAs of: Private Banks --- 0.46%, Foreign Banks --- 0.61%,  Public Sector Banks --- 1.53%

 

The Diabetes Capital of the world --- China (Last year, it was India)

 

State getting the highest amount of FDI in India --- Maharashtra (35.44%)

 

India's trade with Africa is --- $50bn, New target fixed by 2015 is ---  $90bn

 

As per "Freedom on the Net - 2012" report, the no. 1 nation is --- Estonia

 

Overall density of population in India is --- 382 person /sq.km.

 

Monthly Per Capita Liquid Milk consumption in urban areas --- 5.4 litres, in rural areas --- 4 litres

 

India will establish the Blue Silk Route with --- Mongolia

 

Offset Clause --- In defence procurement, the foreign vendors getting defence deals have to invest at least 30% of the contract value back into India

 

The USA has the largest number of Internet connections, India --- 3rd largest number in the world

 

Country getting the maximum FDI in 2012 as per UNCTAD’s World Investment Report --- The USA

 

Basel II norms fix the minimum CRAR for banks at --- 12%, minimum level fixed by RBI earlier --- 9%

 

BASEL III norms prescribe the minimum equity capital for banks at 4.5%, RBI has fixed it at --- 5.5%

 

Globally, the largest producer of fruits --- China, 2nd largest --- India

 

"First Come First Served" policy was started by --- Deptt of Telecom in 1999 for 2G spectrum allocation

 

FDI limits (automatic route) in Insurance, Single brand retailing and Manufacturing --- 26%, 100%, 24%

 

India's rank in HDI (Human Development Index) as per Human Development Report (HDR) for 2012 --- 134

 

On the Global Competitiveness Index 2011-12, Switzerland is --- 1st , India is  --- 59th

 

"Nirmal Bharat Yatra",  a 51-day nationwide tour has been organized by --- Ministry of Rural Development

 

Topmost country in open defecation (Toilet in Open) cases --- India (58% of global population lacks access to toilets)

 

% of GDP spent on Public Health Services in India --- 1.2%  

 

Total FDI inflows into India in 2011-12  --- $46.8bn

 

India's biggest trade partner in European Union --- Germany

 

National Rural Health Mission (NRHM) scam is related --- Uttar Pradesh

 

Total number of telecom circles in India ---- 22

 

Economy measures taken by the government --- 1. 10% cut in Non Plan Expenditure, 2. No creation of new posts, 3. Ban on purchase of new vehicles, 4. Ban on conferences in 5-star hotels, 5. Restrictions on foreign travel

 

Revised target for Indirect Tax collections in FY 2012-13 --- Rs. 4, 00, 635 Crore

 

Current Account Deficit in 2011-12 ---  $78.2bn (4.2% of GDP)

 

Total Sanitation Campaign has been renamed --- Nirmal Bharat Abhiyaan

 

India’s Per Capita Income as per PPP (Purchasing Power Parity) method --- $ 3,468 (Re. 1, 87, 272 /- per person per year)

 



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