Question
What is the primary difference between nominal GDP and
real GDP?Solution
Real GDP is adjusted for inflation, while nominal GDP is not. Real GDP reflects the value of all goods and services at constant base year prices, whereas nominal GDP reflects current year prices.
Recently an exhibition of paintings of renowned artist Rodolfo Vega Oviedo of El Salvador was inaugurated in which place?
NITI Aayog released a report ‘India’s Booming Gig and Platform Economy’. According to it, the Indian gig workforce is expected to expand to _____ ...
What collaboration is NHPC Limited undertaking with a Norwegian company?
Which of the following is the associate Insurance company of Reliance Industries?
Recently Who has become the first ever woman director general of the Council of Scientific and Industrial Research ( CSIR) ?
Recently Khelo India Youth Games started in which of the following states?
What is the primary focus of the China-Pakistan Economic Corridor (CPEC) project?
What will be the new capital of Andhra Pradesh?
What is the name of the mission of NASA probe that will explore a set of asteroids near Jupiter known as the Trojans?
Which of the following entities introduced 'Activ Fit,' a comprehensive health insurance scheme targeting young and healthy adults?
