New RBI Grade B 2025 Notification will come Soon! Enroll Here

Question

Which of the following is true regarding GDP? i.

In calculating GDP only final marketable goods and services are considered ii. GDP can be Nominal or Real GDP iii. GDP shows how much is produced within the boundaries of the country by both the citizens and the foreigners iv. GDP is essentially about who is doing the production.

A Only i & ii

B Only i & iii

C Only i, ii, & iii

D Only i, iii, & iv

Practice Next

More Economics Questions

Which of the following statements about the OSI Model’s Transport Layer is true?
Which of the following practices is essential for maintaining security compliance in both Windows and Unix/Linux environments?
What is the primary difference between SRAM (Static Random-Access Memory) and DRAM (Dynamic Random-Access Memory)?
What does the term "code optimization" refer to in the context of software development?
fill the blank for 19.
Which CPU scheduling algorithm is known for minimizing the average waiting time for a set of processes?
Which of the following statements correctly describes the ACID property "Durability" in database transactions?
What is the primary purpose of the fork() system call in Unix-based operating systems?
What is overfitting in the context of machine learning models?
Which of the following best describes the concept of ‘Concurrency’ in the context of Operating Systems?

Relevant for Exams:

-->