Challenger Logo

Challenger App

Get it on Google PlayGet it on App Store
Challenger App

No.1 PSC Learning App

★
★
★
★
★
1M+ Downloads
Get App
What is the primary function of GSDP?

ATo measure inflation

BTo track social development

CTo quantify a state's economic performance

DTo calculate unemployment rates

Answer:

C. To quantify a state's economic performance

Read Explanation:

  • "The main activity of GSDP is to quantify the economic performance of a state by considering its production, consumption, and income generation activities."

Related Questions:

Which of the following statements accurately describes the climatic conditions of Sub-tropical Broad-leaved Hill Forests?

  1. The mean annual rainfall ranges from 75 cm to 125 cm.
  2. The average annual temperature is typically between 25°C and 30°C.
  3. Humidity levels are around 60 percent.
  4. The average annual temperature is 18°-21°C.
    Deep-rooted patriarchal norms and gender stereotypes are examples of:
    The unbundling of the Kerala State Electricity Board (KSEB) into a separate generation, transmission, and distribution company (KSEB Ltd.) was a result of which Central Act?

    What was the funding ratio between the central and state governments for the Swarnajayanti Gram Swarojgar Yojana (SGSY)?

    1. The central government provided 75% of the funding, and the state governments provided 25%.
    2. The funding was shared equally between the central and state governments.
    3. The state governments provided 75% of the funding, and the central government provided 25%.
    4. The funding ratio was determined on a case-by-case basis by individual states.
      What is the "Consolidated Fund of the State"?