When nominal Gross Domestic Product is ₹840 crorer and price index is 120, then the Real Gross Domestic Product will be: Option 1: ₹ 700 crore Option 2: ₹ 900 crore Option 3: ₹ 800 crore Option 4: ₹ 500 crore

The answer is '₹ 700 crore'. View full solution:

CUET Economics - When nominal Gross Domestic Product is ₹840 crorer and price index is 120, then the Real Gross Domestic Product will be: | PYQs + Solutions

CUET Economics 2025 3 June Shift 1

Macro

Easy

₹ 700 crore

₹ 900 crore

₹ 800 crore

₹ 500 crore

✅ Correct Option: 1

Related questions:

3 June Shift 2

In a simple economy, the circular flow between firms and households in terms of factor payments and services also represents as.

16 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Expenditure method	(I) Invetory investment
(B) Income method	(II) GDP in the phase of disposition
(C) Value added method	(III) GDP in the phase of distribution
(D) Value of output - sales	(IV) GDP in the phase of production

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CUET Economics 2022 Slot 2

Identify the correct statement from the following:

A. The Household's investing is not considered to be the cost of building a residence

B. Net factor revenue from overseas includes money from Exports

C. The sum of factor incomes equals the net value added

D. The assessment of national income takes into account the market value of both final and intermediate items

E. Profit earned by non-resident company in India is a part of domestic income of India

Choose the correct answer from the options given below: