Question

The GDP of India in 2003 was ______ crores.

• A. Rs. 210,000
• B. Rs 190,000
• C. Rs. 170,000
• D. Rs. 150,000

Answer 1

The correct option is A Rs. 210,000

• The GDP of India in 2003 was Rs. 210,000 crores.

GDP is the total value of all final goods and services produced during a particular year in a definite territory.

• GDP can be calculated at market price or factor cost.