Question

    Which base year is used for the calculation of GDP in India currently?

    A 2011-12 Correct Answer Incorrect Answer
    B 2016-17 Correct Answer Incorrect Answer
    C 2010-11 Correct Answer Incorrect Answer
    D 2004-05 Correct Answer Incorrect Answer
    E Previous year Correct Answer Incorrect Answer

    Solution

    Currently (as of January 2022), the base year being used for estimating GDP is 2011-12 This current base year ‘2011-12’ is due for revision as the base year is to be revised every 5 years. However due to abnormal incidents in past few years, including demonetisation, GST introduction, COVID, the base year has ot been revised till date.

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