Question
Which base year is used for the calculation of GDP in
India currently?Solution
Currently (as of January 2022), the base year being used for estimating GDP is 2011-12 This current base year ‘2011-12’ is due for revision as the base year is to be revised every 5 years. However due to abnormal incidents in past few years, including demonetisation, GST introduction, COVID, the base year has ot been revised till date.
Consider the following statements about Government Securities:
I. The g-sec market is dominated by institutional investors such as banks, mutual ...
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