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Choose the correct statement GDP measures only quantity but not quality. CSO conducts annual survey based on Indexes like Index on Industrial -

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Question

Choose the correct statement

  1. GDP measures only quantity but not quality.
  2. CSO conducts annual survey based on Indexes like Index on Industrial Production (llP) and Consumer Price Index (CPl).
  3. High level of Per Capita real GDP will lead to low level of pollution and low suicidal rate.
  4. India is the largest producer of agricultural products in the world.

Options

  • (i), (ii), (iv) are correct

  • (i), (ii), (iii) are correct

  • (i), (ii) are correct

  • (i), (iii), (iv) are correct

MCQ

Solution

(i), (ii) are correct

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Gross Domestic Product (GDP)
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