Question
Which of the following statements correctly
differentiates between GDP at factor cost and GDP at market prices? ÂSolution
Explanation: GDP at factor cost represents the income earned by factors of production within domestic territory, while GDP at market prices captures value at consumer level. The bridge is Net Indirect Taxes (Indirect Taxes – Subsidies). This adjustment converts producers’ cost-based output into market-valued output, as used in international comparisons. Â
Which of the following places is related to Gandhi’s Satyagraha of the year 1917?
 In which year the Royal Bengal Tiger was given the status of National Animal of India?
Out of the 500 GW renewables target, 280 GW is set for solar power it has been set to be completed by the year?
Vinaya and Sutta Pitaka are the compilations of whose teachings?
If there are enough coins of denomination ₹1, ₹2 and ₹5, then in how many ways can one pay ₹10?
Who among the following has been appointed by UNICEF (United Nations International Children Education Fund) to advocate for promoting and supporting it...
Who among the following was appointed as the interim CEO of the Board of Control for Cricket in India (BCCI) in July 2020?
With which of the following organisations was Henry Louis Vivian Derozio, a teacher of Hindu College of Calcutta, associated?Â
Which of the following is an autobiography of a Bengali illiterate woman who secretly acquired literacy skills to read sacred texts in an age when girls...
The ‘Nomadic Elephant’ is a joint military exercise between India and which of the following countries?
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