Arrange the statements in sequence of GDP composition on the expenditure side as per the annual report, Reserve Bank of India.
(A) Gross Domestic Investment.
(B) Private Final Consumption Expenditure.
(C) Government Final Consumption Expenditure.
(D) Net Exports.
Choose the correct answer from the options given below:
Arrange the statements in sequence of GDP composition on the expenditure side as per the annual report, Reserve Bank of India.
(A) Gross Domestic Investment.
(B) Private Final Consumption Expenditure.
(C) Government Final Consumption Expenditure.
(D) Net Exports.
Choose the correct answer from the options given below:
Solution
Option 1: (B), (C), (A), (D) -> As per the Reserve Bank of India's annual report, the GDP composition on the expenditure side follows this standard presentation format: Private Final Consumption Expenditure (largest component, typically 55-60% of GDP), followed by Government Final Consumption Expenditure (around 10-12%), then Gross Domestic Investment (around 30-35%), and finally Net Exports (which can be negative for India). This sequence represents the conventional order used in official RBI publications for presenting expenditure-side GDP components. -> correct
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