Gross value added is the output of the country less the intermediate consumption, which is the difference between gross output and net output. GVA= GDP + Subsidies on Products- Taxes. India’s economy grew 4.1% year-on-year in the January-March period of 2021-22 (Q4 FY22). NSO pared down the overall growth estimate for FY22 to 8.7% from the 8.8% projected in February. In FY22, all sectors except trade, hotels and communication services were above the pre-pandemic levels of FY20. Growth in private final consumption expenditure, or private spending, decelerated sequentially in Q4 to 1.8 per cent, proving to be the weakest link. Gross value added (GVA) at basic prices grew at 3.9% in the fourth quarter and 8.1% in FY22.
Which of the following are the benefits of the Pradhan Mantri Jan Arogya Yojana (PMJAY)?
1. Free treatment available at all public and empanelled...
The government recently imposed a windfall tax on the export of diesel, petrol and air turbine fuel. With reference to the windfall tax in India, consid...
With reference to the BRICS, consider the following statements-
I. The BRICS brings together five of the largest developing countries of the wo...
Identify the correct statement about e-Rupee?
I- It is developed by RBI.
II- It is as good as digital currency.
III- It is a prepai...
The first Indian Bank to introduce ‘Smart Vault’, a fully automated locker facility using robotic technology to access lockers from the safe vault i...
Any individual aged between 18 years to _________ years are eligible to apply for Pradhan Mantri Suraksha Bima Yojana.
Who is the MD & CEO of Central Depository Services ?
Consider the following statements in regard to Zero Base Budgeting (ZBB) :
(1) Existing Government programmes can be discarded under ZBB if they ...
The National Highways Authority of India (NHAI) was constituted by an Act of Parliament, the National Highways Authority of India Act, ________.
With reference to the ‘Prohibition of Benami Property Transactions Act, 1988 (PBPT Act)’, consider the following statements:
1. A property tr...