Which G.D.P. is the indicator of growth and development of a country? Option 1: Nominal G.D.P. Option 2: National Income Option 3: Real G.D.P. Option 4: Domestic Income

The answer is 'Real G.D.P.'. View full solution:

CUET Economics - Which G.D.P. is the indicator of growth and development of a country? | PYQs + Solutions

CUET Economics

Macro

Easy

Nominal G.D.P.

National Income

Real G.D.P.

Domestic Income

✅ Correct Option: 3

Related questions:

29 May Shift 2

It may be incorrect to treat GDP as an index of the welfare of the country for the following reasons.

(A) Externalities.

(B) Distribution of GDP is not uniform.

(D) Non-monetary exchanges.

Choose the correct answer from the options given below:

CUET Economics 2023 Slot 4

Match List - I with List - II.

	List - I		List - II
(A)	Value of output	(I)	Sales + Change in stock
(B)	Operating surplus	(II)	Sales + Change in stock - Intermediate consumption
(C)	Profit	(III)	Rent + Interest + Royalty + Profit
(D)	Value added	(IV)	Corporation tax + Undistributed profit + Dividend

Choose the correct answer from the options given below :

22 May Shift 2

Match List-I with List-II

Choose the correct answer from the options given below: