MEDIUM
Earn 100

Which of the following sector contributes the most to the Indian GDP?
(a)Primary Sector
(b)Secondary Sector
(c)Service Sector
(d)None of these

50% studentsanswered this correctly
Important Questions on Indian Economy
HARD

EASY

EASY

EASY

HARD

EASY

EASY

HARD

MEDIUM
1. India’s GDP is more than its GNP.
2. Net Factor Income from Abroad (NFIA) is positive for India.
Which of the statements given above is/are correct?

EASY

EASY

EASY

EASY
i. While calculating GNP, income generated by foreigners in a country is taken into consideration
ii. While calculating GNP, income generated by nationals of a country outside the country is taken into account


EASY
1. Savings account interest rate
2. Fixed deposit interest rate
3. Current account interest rate
Select the correct answer using the codes given below.

EASY
i. The data for NI and PCI are collected at current prices.
ii. They are deflated using the deflator index to get value at constant prices.

EASY

EASY

EASY
i. While calculating GDP, income generated by foreigners in a country is taken into consideration
ii. While calculating GDP, income generated by nationals of a country outside the country is taken into account


