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  • Question
  • The 7.6% growth rate registered by Indian economy during the year 2015-16 is based on


  • Options
  • A. Gross National Product at market prices
  • B. Gross Value Added at constant prices
  • C. Gross Domestic Product at market prices
  • D. Gross Domestic Product at constant prices

  • Correct Answer
  • Gross  Domestic  Product  at  constant prices 

    Explanation

    The Central Statistics Office (CSO), Ministry of Statistics and Programme   Implementation,   has released  the  provisional  estimates of national income for the financial year 2015-16 and quarterly estimates    of    Gross    Domestic Product    (GDP)    for    the    fourth quarter  (January-March)  of  2015-16,   both   at   constant   (2011-12) and current prices.

  • Tags: Bank Exams

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