Which of the following is the output of the country less the intermediate consumption, which is the difference between gross output and net output?
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.
An environment where insurance is plentiful and sold at a lower cost, also known as a Buyer’s market is called?
A policy that combines protection against premature death with a savings account that can be invested in stocks, bonds, and money market mutual funds at...
Why do insurers arrange for survey and inspection of the property before acceptance of a risk?
After a process of mergers among Indian insurance companies, how many companies were left as fully owned subsidiary companies of GIC?
What is the liability of individuals, corporations, or partnerships for accidents caused by people other than employees for whose acts or omissions the ...
Intangible assets cover non-physical assets that cover ________________.
What is the FDI limit in the Insurance sector?
Circumstance including possibility of loss or no loss but no possibility of gain is termed as?
A provision added to a home owners insurance policy that automatically adjusts the coverage limit on the dwelling each time the policy is renewed to ref...
A document given to an applicant for life insurance stating that the company’s acceptance is contingent upon determination of the applicant’s insura...