Question
Which of the following statements correctly
differentiates between GDP at factor cost and GDP at market prices?Solution
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.
In the following question, four letter pairs are given. The letters on left side of (–) is related to the letters on the right side of (–) with som...
Select the set in which the numbers are related in the same way as are the numbers of the given sets.
(NOTE : Operations should be performed on t...
Select the figure from among the given options that can replace the question mark (?) in the following series.
What is the minimum value of 'Y' for which 267Y2 is divisible by 3?
Study the following arrangement of letters, numbers, symbols and answer the question that follows.
(Left) € A 5 # 6 λ 5 D P A ¥ 8 R 2 Z * Q 9...
In a certain code language, ‘BOOK’ is written as ‘325’, ‘READ’ is written as ‘400’. Howwill ‘ABLE’ be written in that language?
...Which of the following letter-clusters will replace the question mark (?) in the given series to make it logically complete?
ZXV, TRP, NLJ, HFD, ?
Select the option that represents the letters that, when placed from left to right in the following blanks, will complete the letter-series.
F I ...
In a certain code language,
‘A + B’ means ‘A is the son of B’,
‘A – B’ means ‘A is the brother of B’,
‘A × B�...
'Dove' is related to 'peace' in the same way as 'sloth' is related to: