Question
The fish catch by Indian fishermen in the international waters are part of the GDP of
Answer: Option C
Answer: (c)
Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a given period of time.
The United Nations Conference on the Law of the Sea has defined sovereign rights over international waters by defining such concepts as Internal Waters, exclusive economic zones (EEZs), continental shelf jurisdiction, etc. According to this law, the income generated by Indian fishermen would be accounted for in the GDP of India.
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Answer: (c)
Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a given period of time.
The United Nations Conference on the Law of the Sea has defined sovereign rights over international waters by defining such concepts as Internal Waters, exclusive economic zones (EEZs), continental shelf jurisdiction, etc. According to this law, the income generated by Indian fishermen would be accounted for in the GDP of India.
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