Question

As per the first advance estimate for 2019-20, the GDP at current market price is 23214703 crore INR and the GDP at constant market price is 14753535 crore INR. What will be the value of GDP deflator?

A 200.92 Correct Answer Incorrect Answer
B 139.7 Correct Answer Incorrect Answer
C 178.23 Correct Answer Incorrect Answer
D 232.15 Correct Answer Incorrect Answer
E 157.35 Correct Answer Incorrect Answer

Solution

Solution GDP deflator = (Nominal GDP/Real GDP) * 100 Therefore, (23214703/14753535)*100 = 157.35

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