What is the nominal GDP in 2021? Option 1: Rs 1760. Option 2: Rs. 1600. Option 3: Rs 1560. Option 4: Rs 1650.

The answer is 'Rs 1650.'. View full solution:

CUET Economics - What is the nominal GDP in 2021? | PYQs + Solutions

CUET Economics 2025 22 May Shift 1

Macro

Easy

Rs 1760.

Rs. 1600.

Rs 1560.

Rs 1650.

✅ Correct Option: 4

Related questions:

28 May Shift 2

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.

(D) Net Exports.

Choose the correct answer from the options given below:

28 May Shift 1

Which of the following is correct regarding National Income Accounting ?

In order to compare the GDP figures of the same countries at different points of time, nominal GDP is used.
In order to compare the GDP figures of different countries, real GDP is used.
Flows are defined at a particular point of time.
Stocks are defined over a period of time.

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 :