Question

What is the primary purpose of GSDP?

• A. To allocate central government funds for state-specific projects.
• B. To quantify a state's economic performance.
• C. To measure the average income of citizens within a state.
• D. To assess the environmental sustainability of a state's development.

Answer 1

Answer:

B. To quantify a state's economic performance.

• GSDP is the key indicator for measuring a state's economic growth by assessing its production, consumption, and income generation.