Gross Domestic Product - GDP
Gross Domestic Product - GDP
Gross Domestic Product (GDP) :
Gross Domestic Product (GDP) is the market value of all officially recognised final goods and services produced within a country in a given period of time. GDP per capita is often considered an indicator of a country's standard of living. It is the measure of a country's economic performance. It is defined as the market value of the output of final goods and services produced in the domestic territory of a country during an accounting year.
GDP is the total money value of all final goods and services produced with in the geographical boundary of the country during a financial year.
There are three different ways to measure GDP -
1. Product Method,
2, Income Method and
3. Expenditure Method.
In a financial year, the total value of finally produced goods and services within the domestic limits of any country is called ____________ | |||
| Right Option : C | |||
| View Explanation | |||
Students / Parents Reviews [10]
One of the best institutes to develope a child interest in studies.Provides SST and English knowledge also unlike other institutes. Teachers are co operative and friendly online tests andPPT develope practical knowledge also.
Aman Kumar Shrivastava
10thMy experience with Abhyas academy is very good. I did not think that my every subject coming here will be so strong. The main thing is that the online tests had made me learn here more things.
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Eshan Arora
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Prisha Gupta
8thAbout Abhyas metholodology the teachers are very nice and hardworking toward students.The Centre Head Mrs Anu Sethi is also a brilliant teacher.Abhyas has taught me how to overcome problems and has always taken my doubts and suppoeted me.
Shreya Shrivastava
8thA marvelous experience with Abhyas. I am glad to share that my ward has achieved more than enough at the Ambala ABHYAS centre. Years have passed on and more and more he has gained. May the centre flourish and develop day by day by the grace of God.
Archit Segal
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Barkha Arora
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Ayan Ghosh
8thIt was a good experience with Abhyas Academy. I even faced problems in starting but slowly and steadily overcomed. Especially reasoning classes helped me a lot.
