Question

After the rebasing of India’s GDP series from 2004-05 to 2011-12 base year, which of the following changes was observed?

Q: Answer-After the rebasing of India’s GDP series from 2004-05 to 2011-12 base year, which of the following c...

Key changes under 2011-12 rebasing Private consumption share ROSE investment GFCF share FELL reversed the earlier India is investment-led narrative. GDP growth for some years notably 2013-14 was revised upward sharply, triggering methodological controversy. Services sector share expanded under GVA at basic prices methodology. Agricultures share did NOT increase substantially. Option D directly contradicts the observed consumption-investment shift.

A Share of agriculture increased substantially; investment share rose while consumption share fell

B Headline GDP growth rates were revised downward across most years; manufacturing share fell

C Share of private final consumption expenditure in GDP increased; gross capital formation share declined; services sector’s share expanded under the new methodology

D Share of agriculture and manufacturing both increased; investment growth exceeded consumption growth

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