Question

Q. Which of the following factors are included while calculating Gross domestic product (GDP)?

Select the correct answer using the code given below:

• A. 2 only
• B. 1 and 2 only
• C. 1, 2, 3 only
• D. None of the above

Answer 1

The correct option is D None of the above

Explanation:

Following factors are not included in the calculation of GDP:

• Wellbeing of people (improvement in health, education etc).
• Black money as it is unaccounted money, outside of the purview of the government.
• Income inequality
• Level of corruption
• Environmental pollution and climate change
• Robustness of democracy
• Measure of happiness
• Crime.