Challenger Logo

Challenger App

Get it on Google PlayGet it on App Store
App Logo

No.1 PSC Learning App

★
★
★
★
★
1M+ Downloads
Get App
What is GDP at constant price also known as?

ANominal GDP

BFiscal GDP

CReal GDP

DAdjusted GDP

Answer:

C. Real GDP

Read Explanation:

  • GDP at constant price is computed using base year prices and is known as Real GDP; it shows growth only due to increased output

Related Questions:

What is the monthly financial assistance provided under the Abhayakiranam scheme to the caregiver of destitute widows?

Identify the correct statements regarding the beneficiary distribution under the Swarnajayanti Gram Swarojgar Yojana (SGSY).

  1. 50% of the benefits were reserved for Scheduled Castes/Scheduled Tribes (SCs/STs).
  2. 40% of the benefits were allocated for physically handicapped persons.
  3. 40% of the benefits were reserved for women.
  4. There were no specific reservations for women or persons with disabilities.
    KSLMA's activities have been expanded to focus on vulnerable and marginalized sections of society, including which of the following?

    In the context of the People's Plan Campaign (PPC), how are environmental aspects and resource sustainability ensured?

    1. Environmental aspects of development are ensured primarily through centralized governmental policies, not local participation.
    2. The sustainability of resources is guaranteed only through active participation of local people.
    3. PPC prioritizes economic growth over environmental protection and resource sustainability.
      Which of the following sectors has the lowest contribution to Kerala's GSDP?