JAIIB · IEIFS · Chapter 1

An Overview of Indian Economy

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Indian Economy and Indian Financial System — JAIIB.

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Q

Nominal GDP — Value (FY26) / Source?

A

Value (FY26): ~ USD 4.15 trillion; Source: IMF (Apr 2026)

Q

Real GDP growth (FY26) — Value (FY26) / Source?

A

Value (FY26): 7.4 %; Source: Economic Survey 2025-26

Q

Real GVA growth (FY26) — Value (FY26) / Source?

A

Value (FY26): 7.3 %; Source: Economic Survey 2025-26

Q

Per Capita Nominal GDP (FY25, latest released) — Value (FY26) / Source?

A

Value (FY26): ₹ 2,34,859; Source: NSO / Economic Survey

Q

Per Capita NNI (FY25, current prices) — Value (FY26) / Source?

A

Value (FY26): ₹ 2,05,324; Source: NSO

Q

World rank by nominal GDP — Value (FY26) / Source?

A

Value (FY26): 6th; Source: IMF, 2026

Q

World rank by PPP GDP — Value (FY26) / Source?

A

Value (FY26): 3rd; Source: IMF, 2026

Q

Low income?

A

≤ $1,135

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