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What is one of the main implications of updating the GDP base year to 2022-23 for India?a) It will decrease the number of sectors included in GDP calculationsb) It will lead to revisions of past GDP rates, improving economic representationc) It will eliminate the need for statistical data collectiond) It will solely focus on traditional industries without considering digital sectorsCorrect answer is option 'B'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about What is one of the main implications of updating the GDP base year to 2022-23 for India?a) It will decrease the number of sectors included in GDP calculationsb) It will lead to revisions of past GDP rates, improving economic representationc) It will eliminate the need for statistical data collectiond) It will solely focus on traditional industries without considering digital sectorsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is one of the main implications of updating the GDP base year to 2022-23 for India?a) It will decrease the number of sectors included in GDP calculationsb) It will lead to revisions of past GDP rates, improving economic representationc) It will eliminate the need for statistical data collectiond) It will solely focus on traditional industries without considering digital sectorsCorrect answer is option 'B'. Can you explain this answer?.

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