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Gross Domestic Product (GDP) is defined as the value of all?

Options:
A. goods produced in an economy in a year
B. goods and services in an economy in a year
C. Final goods produced in economy in a year
D. Final goods and services produced in an economy in a year
E. None of these


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Answer: Option D

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Check All Indian Economy Questions (MCQs)
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General Knowledge > Indian Economy :
Question 1. Which one of the following is a development expenditure?....
Question 2. Per Capita Income is obtained by dividing National Income by?....
Question 3. GDP at factor cost is?....
Question 4. Who coined the term “Hindu rate of growth” for Indian Economy?....
Question 5. In India, agricultural income is calculated by?....
Question 6. The oil and natural gas commission was set up in?....
Question 7. Hydel power potential is the highest in case of?....
Question 8. The first electric train (Deccan Queen) of India run between?....
Question 9. Which one of the the following is the oldest oil refinery in India?....
Question 10. Which kind of power accounts for the largest share of power generation of India?....

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