Gross Domestic Product and Its Growth Introduction Pdf - 1

Question: 1

The Goods and Service are measured in terms of

(A) Currency

(B) Wealth

(C) Type

(D) Size

Ans: A

Currency

Question: 2

Only those goods and services that has a market value are included in the

(A) GDP

(B) GNP

(C) NNP

(D) NDP

Ans: A

GDP

Question: 3

India finally decided to liberalise its economy in the year

(A) 1991

(B) 1992

(C) 1994

(D) 2001

Ans: A

1991

Question: 4

What is ‘H’ in GNH?

(A) Hazardous

(B) Human

(C) Holistic

(D) Happiness

Ans: D

Happiness

Question: 5

_____ is the market value of all goods and services provided in the country.

(A) GDP

(B) GNP

(C) NNP

(D) NDP

Ans: A

GDP

Question: 6

What is India's world rank in industrial sector?

(A) 6

(B) 7

(C) 8

(D) 9

Ans: A

6

Question: 7

Goods are _____

(A) Tangible

(B) Intangible

(C) Services

(D) Both a and b

Ans: A

Tangible