Question
If the Gross Domestic Product (GDP) at market prices is
$1,000 billion, the indirect taxes are $200 billion, and subsidies are $50 billion, what is the Gross Domestic Product at factor cost?Solution
GDP at factor cost = GDP at market prices â Indirect taxes + Subsidies GDP at factor cost = 1000 â 200 + 50 = 850 GDP at factor cost=1000â200+50=850 Correct answer: b) $850 billion
Who has been appointed as the CEO of âGujarat Maritime Clusterâ by Gujarat Ports Infrastructure Company Limited?
Where was Indiaâs Phenome India National Biobank inaugurated?
Which of the following bonds have a variable rate of interest?
__________ will launch derivatives on the Nifty Midcap Select Index from January 24.
The first carbon neutral farm in the country is in which state?
What is the significance of Ladakh securing the Geographical Indication (GI) tag for 'Ladakh Sea Buckthorn'?
Who has been elected president for a third term in Egypt?
Which country will host NATOâs new land command near the Russian border in 2024?
Union Minister Dr Mansukh Mandaviya inaugurated Fertilizer Association of India (FAI) Annual Seminar 2022 at which of the following city?
The International Monetary Fund (IMF) has approved $_____ billion in emergency support for Ukraine to finance expenditures and shore up the balance of p...
