Question
Which of the following statements is/are correct? 1. GDP can both underestimate as well as overestimate the actual welfare of the economy. 2. The standard of living is all elements that affect people’s happiness, whether these elements are bought and sold in the market or not. 3. GNP can be the main item for the welfare of the economy Select the correct answer using the code given below:
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RBI Grade B 2026 Phase 1 Memory Based Paper
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