Question
Identify the correct formula which states the relation
between GDP and GVA.Solution
GDP (MP) = ∑ GVA (Basic Prices) + Product Taxes – Product Subsidies We can also write above formula as GDP (MP) = ∑ GVA (Basic Prices) + Net Product Taxes. Here, it’s important to understand the concepts of Factor Cost, Basic Prices, Market Price, Product Taxes and Production taxes. Watch vide again and make your own notes.
_________ is the author of the famous book “The Discovery of India”?
Which Gharana was started in the period of Mughal Emperor Jahangir?
What is the main objective of the Payments Infrastructure Development Fund (PIDF) Scheme extended till 2025?
As of January 2024, which fruit is recognized as the largest fruit in the world?
Which of the following is the largest lake in the state?
Choose the correct statement/ s related to the Italian Open 2022.
i. Novak Djokovic from Serbia has won the men’s singl...
In which year, Kanpur was handed over to British by Nawab Saadat Ali Khan?
'Kabir Ke Dohe' were written in which language?
On which of the following dates, the first freedom movement, 1857 was started at Meerut?
Which Indian classical dance form is associated with the state of Odisha.
