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GSDP measures economic activity by looking at:

AImport and export balances

BProduction, consumption, and income generation

CPolitical stability and public health

DPopulation growth and literacy rates

Answer:

B. Production, consumption, and income generation

Read Explanation:

  • The provided information defines GSDP's main activity as considering a state's "production, consumption, and income generation activities."


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Which of the following statements about Social Sector Development in Kerala is incorrect?

  1. Kerala's social sector development is considered a model globally for how a low-income region can raise its standard of living.
  2. Kerala has among the highest school dropout rates in India, significantly hindering its social progress.
  3. Family welfare and planning initiatives have shown commendable responses, contributing to positive demographic trends in Kerala.
  4. Longevity of both males and females is a key indicator of social sector development in Kerala.

    Consider the following statements about Kerala's economic performance. Which of them are true?

    1. Kerala's Gross State Domestic Product (GSDP) has shown consistent expansion across different phases.
    2. In Phase 3, Kerala's GSDP growth rate reached 6.97 percent.
    3. Despite encouraging GSDP growth, a comparison of Kerala's economic development with other states reveals no areas of concern.