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What are the 4 components of GDP?

The 4 important components used while calculating the Gross Domestic Product (GDP) are net exports, Government spending on services and goods, investments done by business, and consumption done by households. You can read about the Make In India – Initiatives, Aims, Advantages & Challenges [UPSC Notes GS-III] in the given link.

Net exports are calculated by finding the difference between exports and imports of services and goods.

Further readings:

  1. Department for Promotion of Industry and Internal Trade (DPIIT) & DIPP – UPSC Notes
  2. 10 Maharatna Companies – Central Public Sector Enterprises (CPSEs)

Related Links

Core Sectors of the Indian Economy (UPSC Economy Notes)

14 Navratna Companies – Central Public Sector Enterprises (CPSEs)

Startup India Scheme – Indian States Start Up Ranking [UPSC Notes]

Miniratna Companies – List of 14 Miniratna Category-I Central Public Sector Enterprises (CPSE)

Public Sector in India – Role of PSUs in Society, Problems, Reforms

UPSC Mains General Studies Paper-III Strategy, Syllabus & Structure

Previous Years Economics Mains Questions for UPSC General Studies Paper – 3

Download Indian Economy Notes For UPSC Examination

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