CUET Economics 2025 14 May Shift 1 PYQs

Which of the following approach measures economic activity by adding the aggregate value of final goods and services newly produced in a nation during a fixed period of time?

1. Product Method.
2. Income Method.
3. Gross Value Added Method.
4. Expenditure Method.

An annual allowance for wear and tear of capital goods is defined as?

Calculate Gross Domestic Product at market price (GDP$_{MP}$).

1. Rs. 3500 crores
2. Rs. 3137 crores
3. Rs. 3140 crores
4. Rs. 3000 crores