Which of the following statements is not true?
GDP is the value of all final goods and services that are produced in a country during one financial year.
Calculating GDP is a massive task.
GDP of India is calculated by the state government of the largest Indian state
GDP shows the level of development of an economy.
GDP of India is calculated by the state government of the largest Indian state.
GDP is the total money value of all final goods and services produced in a country in a year.
Q. With reference to the ‘methods of GDP calculation’, Consider the following statements:
Which of the statements given above is/are correct?
Q. With regard to difference between GDP Deflator and CPI, which of the following statements is/are correct?
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