Question
Which of the following statement best describe the role
of a “deflator”?Solution
A deflator is a value that allows data to be measured over time in terms of some base period, usually through a price index, in order to distinguish between changes in the money value of a gross national product (GNP) that come from a change in prices, and changes from a change in physical output. The GDP deflator , also called implicit price deflator , is a measure of inflation. It is the ratio of the value of goods and services an economy produces in a particular year at current prices to that of prices that prevailed during the base year.
In terms of metrology ,India was ranked _____ , in the world according to the Global Quality Infrastructure Index (GQII) 2021.
What is the primary purpose of Qualified Institutional Placement (QIP) for listed companies?
Which project aims to reduce waste at Indore Airport by processing 750 kg of daily waste?         Â
Which teams played the first-ever men’s T20 International cricket match?
Who was awarded the WPL 2024 Most Valuable Player (MVP)? Â
Pandit Bhajan Sopori has recently died. He used to play which of the following instruments?
Which programme supported domestic participation of MSMEs in the MH‑60R helicopter sustainment ecosystem?
Recently Dmitry Muratov recently won the nobel prize under which category?
Who founded the 'Naujawan Bharat Sabha' aimed at rallying the youth for India's independence?
Which of the following statements is true about the Jan Vishwas (Amendment of Provisions) Bill, 2023 recently passed in Lok Sabha?
