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The measure of the value of goods and services produced in an area, industry (or) sector of the economy is called ______. -

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Question

The measure of the value of goods and services produced in an area, industry (or) sector of the economy is called ______.

Options

  • GDP

  • GNP

  •  GVA

  • NDP

MCQ
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Solution

The measure of the value of goods and services produced in an area, industry (or) sector of the economy is called GVA.

shaalaa.com
Contribution of different sectors in GDP of India
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