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Which limitation of GDP as a welfare measure relates to both non-market production and the environment?

Answer and explanation

Correct answer: यह बिना भुगतान सेवाओं और पर्यावरणीय लागतों को पूरी तरह नहीं दर्शाता

GDP records the monetary value of many market transactions, but it usually omits or incompletely values unpaid household services. It also does not automatically subtract pollution, resource depletion, or other environmental damage. Therefore option C identifies both limitations. Options A, B, and D are false descriptions of national accounting and do not address the combined welfare problem.

Related tags

Non-Market ProductionEnvironmental CostGdp LimitationGdp And WelfareNational Income And Related AggregatesEconomicsClass 11 Mcq

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