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Class 12 · Economics · Easy

Which adjustment is primarily made to convert GDP into GNP?

Class 12 · Economics · Easy

If GDP is ₹2,500 crore and depreciation is ₹300 crore, what is NDP?

Class 12 · Economics · Easy

What causes the difference between GDP and NDP?

Class 12 · Economics · Easy

Which goods are included in GDP calculation?

Class 12 · Economics · Easy

On what basis is the word “domestic” used in GDP?

Class 12 · Economics · Easy

What does the word “gross” mean in GDP?

Class 12 · Economics · Easy

What is the simplest meaning of GDP?

Class 12 · Economics · Medium

If GDP at market price is ₹15,000 crore, depreciation is ₹1,200 crore and NIT is ₹800 crore, what is NDP at factor cost?

Class 12 · Economics · Medium

Why should NIT, depreciation and NFIA be identified separately in GDP numericals?

Class 12 · Economics · Medium

When are the three methods of calculating GDP expected to give the same result?

Class 12 · Economics · Easy

Why are exports added in GDP?

Class 12 · Economics · Medium

What is the treatment of an imported machine bought by domestic firms in GDP?

Class 12 · Economics · Medium

How can new software development be treated in GDP?

Class 12 · Economics · Medium

If current-price GDP rises by 12% and prices also rise by about 12%, what can be said about real GDP?

Class 12 · Economics · Medium

If real GDP rises, what is its most direct meaning?

Class 12 · Economics · Medium

If nominal GDP is ₹15,000 crore and real GDP is ₹12,500 crore, what will be the GDP deflator?

Class 12 · Economics · Medium

What is the basic formula for the GDP deflator?

Class 12 · Economics · Medium

Which item is deducted from GDP to obtain net domestic product?

Class 12 · Economics · Medium

What does the inclusion of depreciation in GDP mean?

Class 12 · Economics · Medium

If goods are produced but remain unsold at the end of the year, what is their place in GDP?