Question
Which among the following is NOT taken into
consideration while calculating the Gross Domestic Product of a country in a financial year?Solution
The Gross Domestic Product (GDP) is defined as the estimated value of the goods and services produced in a country in a financial year by the nationals as well as the foreigners. Therefore, GDP = Consumption + Investment + Government spending + Exports – Imports. Hence, option D is correct.
- To which royal dynasty did Parantaka I belong?
- Which of the following was NOT a consequence of the rupee devaluation implemented in 1991 as part of India's international currency adjustment?
- Where was the “Urban Adda 2025” conference recently inaugurated?
Where was the sixth edition of the Commandants' Conclave held?
Which compound is referred to as "white vitriol"?
Where was the fourth edition of Shanghai Cooperation Organization (SCO) Startup Forum held recently?
Who was appointed as the first Health Minister of independent India?
Which of the following statements regarding WPI is/are correct?
1. WPI focuses on the average wholesale prices of goods at basic prices.
2...
- Where is Citibank's global headquarters situated?
- Buddha Purnima is also referred to as: