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

Gross National Product at market prices
Gross Value Added at constant prices
Gross Domestic Product at market prices
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.

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