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Gross value added is the output of the country less the intermediate consumption, which is the difference between gross output and net output. GVA= GDP + Subsidies on Products- Taxes. India’s economy grew 4.1% year-on-year in the January-March period of 2021-22 (Q4 FY22). NSO pared down the overall growth estimate for FY22 to 8.7% from the 8.8% projected in February. In FY22, all sectors except trade, hotels and communication services were above the pre-pandemic levels of FY20. Growth in private final consumption expenditure, or private spending, decelerated sequentially in Q4 to 1.8 per cent, proving to be the weakest link. Gross value added (GVA) at basic prices grew at 3.9% in the fourth quarter and 8.1% in FY22.
The Sahitya Akademi was formally inaugurated by the Government of India on 12 March ________.
Consider the following statements about the Kakori train conspiracy.
1. In the incident of Kakori, the main conspirator was Ram Prasad Bismil. <...
Which Indian chess master has clinched the 2018 Tal Memorial Rapid Chess tournament in Moscow?
Which of the following statement is correct about The Amazon, the world's most biodiverse rainforest?
(1) The World's second largest rainforest...
The marginal propensity to consume (MPC) refers to the:
Which of the following options is incorrect about “National Education Policy 2020”?
Which of the following cricketers was described as 'Mr. Incredible' by the captain of the England Test Cricket team in July 2020?
Fruit cracking is due to the deficiency of:
Who was appointed as the 24th Chief of Naval Staff in May 2019?
Through what financial mechanism did Bank of India (BoI) recently secure ₹4,500 crore by issuing approximately 44.91 crore equity shares at an issue p...
