Get Started
421

Q:

As per the Indian practices of national accounting, which of the following is adjusted in the nominal Gross Domestic Product (GDP) to arrive at the real GDP?

  • 1
    Government borrowings
  • 2
    Depreciation
  • 3
    Foreign exchange
  • 4
    Inflation
  • Show Answer
  • Workspace

Answer : 4. "Inflation"
Explanation :

As per Indian practices of national accounting, nominal gross domestic product (GDP) is inflation-adjusted to arrive at real GDP.

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today