UPSC Exam  >  UPSC Questions  >  GDP is the value of………..... Start Learning for Free
GDP is the value of……….. produced during a particular year :
  • a)
    All goods and services
  • b)
    All final goods and services
  • c)
    All intermediate goods and services
  • d)
    All intermediate and final goods and services
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
GDP is the value of……….. produced during a partic...
 
Gross Domestic Product
 (GDP) is the broadest quantitative measure of a nation's total economic activity. More specifically, GDP represents the monetary value of all goods and services produced within a nation's geographic borders over a specified period of time.

View all questions of this test
Most Upvoted Answer
GDP is the value of……….. produced during a partic...
All final goods and services produced within a country's borders in a given time period, usually a year. It represents the total economic output of a country and is used as a measure of economic growth and development. GDP includes the value of goods and services produced by all sectors of the economy, including agriculture, manufacturing, services, and government. It is calculated by adding up the value of all final goods and services produced, taking into account factors such as consumption, investment, government spending, and net exports.
Explore Courses for UPSC exam

Top Courses for UPSC

GDP is the value of……….. produced during a particular year :a)All goods andservicesb)All final goods andservicesc)All intermediate goods and servicesd)All intermediate andfinal goods and servicesCorrect answer is option 'B'. Can you explain this answer?
Question Description
GDP is the value of……….. produced during a particular year :a)All goods andservicesb)All final goods andservicesc)All intermediate goods and servicesd)All intermediate andfinal goods and servicesCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about GDP is the value of……….. produced during a particular year :a)All goods andservicesb)All final goods andservicesc)All intermediate goods and servicesd)All intermediate andfinal goods and servicesCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for GDP is the value of……….. produced during a particular year :a)All goods andservicesb)All final goods andservicesc)All intermediate goods and servicesd)All intermediate andfinal goods and servicesCorrect answer is option 'B'. Can you explain this answer?.
Solutions for GDP is the value of……….. produced during a particular year :a)All goods andservicesb)All final goods andservicesc)All intermediate goods and servicesd)All intermediate andfinal goods and servicesCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of GDP is the value of……….. produced during a particular year :a)All goods andservicesb)All final goods andservicesc)All intermediate goods and servicesd)All intermediate andfinal goods and servicesCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of GDP is the value of……….. produced during a particular year :a)All goods andservicesb)All final goods andservicesc)All intermediate goods and servicesd)All intermediate andfinal goods and servicesCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for GDP is the value of……….. produced during a particular year :a)All goods andservicesb)All final goods andservicesc)All intermediate goods and servicesd)All intermediate andfinal goods and servicesCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of GDP is the value of……….. produced during a particular year :a)All goods andservicesb)All final goods andservicesc)All intermediate goods and servicesd)All intermediate andfinal goods and servicesCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice GDP is the value of……….. produced during a particular year :a)All goods andservicesb)All final goods andservicesc)All intermediate goods and servicesd)All intermediate andfinal goods and servicesCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev