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Gross Value Added (GVA) is a measure of the total value of goods and services produced in an economy, excluding the value of intermediate inputs used in the production process, such as raw materials, utilities, and services. It is a measure of the value added by the various sectors of the economy and is used to assess the economic performance of a country. The GVA of a country can be used to identify the sectors that are driving economic growth, and to evaluate the contribution of different sectors to the overall economic development of the country. Hence, option A is correct.
A contract between you and an insurance company in which you make a lumpsum paymentor a series of payments and in return obtain regular disbursements be...
In private motor insurance, separate rates apply for vehicles below and above:
What is NOT an element of an insurance contract?
Identify the correct full form of GAAT?
An individual who may become eligible to receive payment due to will, life insurance policy, retirement plan, annuity, trust, or other contract is known...
Which of the following is NOT a common type of insurance policy?
The 'Insured's Declaration' form typically includes information about:
Consider the following statement:
I. Section 25 of IRDAI Act, 1999 lays down for establishment of Insurance Advisory Committee.
II. I...
What is the purpose of "File and Use" regulations?
A policy that covers financial losses due to delays in project completion caused by accidental damage is: