Question
Consider the following statements. Assertion
(A): Real GDP provides a better picture of the economy than nominal GDP. Reason (R): Real GDP is calculated in a way such that the goods and services are evaluated after deducting the loss after depreciation. Select the correct option from the given codes:Solution
Real GDP : Real GDP is calculated in a way such that the goods and services are evaluated at some constant set of prices (or constant prices). Since these prices remain fixed, if the Real GDP changes we can be sure that it is the volume of production which is undergoing changes.
On dividing a³ + b³ + c³ – 3abc by a + b + c, the quotient obtained is
KBWJ is related to MZZG in a certain way based on the English alphabetical order. In the same way, OXCD is related to QVFA. To which of the following op...
In an examination, it is required to get 300 marks to pass. A student gets 225 marks and is declared fail by 10% marks. What are the maximum marks of th...
Which of the following statements is/are correct in regards to Amrit kaal?
1.Nirmala Sitharaman presents ‘the first budget of Amrit Kaal’.
Four houses are available in a locality. Four persons apply for the houses. Each applies for one house without consulting others. The probability that a...
Which of the following pairs is wrongly matched ?
What is the maximum penalty that has to be paid if a trade union fails to file returns?
1600 metres long train crosses a man who is moving in the same direction with a certain speed, in 16 seconds. If the same train can cross a tree in 10 s...
A 170 m long train crosses another 310 m long train running in the opposite direction in 16 seconds. If the shorter train crosses a pole in 17 seconds, ...
What fraction of the positions in all panchayat institutions is reserved for women?