Question
Which adjustment is made to nominal GDP to compute real
GDP in Indian national accounting practices?Solution
Real GDP is calculated by adjusting the nominal GDP for inflation. This adjustment provides a more accurate measure of economic growth by excluding the effects of price changes over time.
More Economics Questions
Lactose can be manufactured from:
World Forestry Day is celebrated on
Which of the following is a nematode disease of rice ?
Which of the following Scientist discovered the element Potassium?
Crops grown to supplement the yield of main crops are called
Which one of the following stain is used for staining of the nematodes?
Phomopsis blight is a disease of which crop?
Cocconut contains how much percentage of oil?
International Institute of Tropical Agriculture is situated at
Which of the following disease is caused by viroid
Relevant for Exams:
