Question
Download Solution PDFIndia's Gross Domestic Product (GDP) grew by _______ in the quarter ending September 2016.
This question was previously asked in
UP Police Constable Re-Exam 2024 Official Paper (Held On: 25th Aug 2024 Shift 1)
Answer (Detailed Solution Below)
Option 4 : 7.3%
Free Tests
View all Free tests >
सामान्य हिंदी सेक्शनल टेस्ट 1
1.1 Lakh Users
37 Questions
74 Marks
20 Mins
Detailed Solution
Download Solution PDFThe correct answer is 7.3%.
Key Points
- India's Gross Domestic Product (GDP) grew by 7.3% in the quarter ending September 2016.
- GDP growth is a crucial indicator of economic health, reflecting the value of all goods and services produced over a specific period.
- This growth rate indicates the pace at which the country's economy is expanding or contracting.
- Monitoring GDP growth helps policymakers and analysts understand economic trends and make informed decisions.
Additional Information
- Gross Domestic Product (GDP) is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.
- It is a comprehensive measure of a nation's overall economic activity and is used to gauge the health of an economy.
- GDP can be measured using three approaches: production (or output or value added) approach, income approach, and expenditure approach.
- Regular monitoring of GDP growth rates helps in understanding the economic performance and planning future economic policies.
- Comparative analysis of GDP growth rates over different periods can indicate trends and potential areas of concern or improvement.
Last updated on Jun 19, 2025
-> UP Police Constable 2025 Notification will be released for 19220 vacancies by June End 2025.
-> Check UPSC Prelims Result 2025, UPSC IFS Result 2025, UPSC Prelims Cutoff 2025, UPSC Prelims Result 2025 Name Wise & Rollno. Wise
-> UPPRPB Constable application window is expected to open in June 2025.
-> UP Constable selection is based on Written Examination, Document Verification, Physical Measurements Test, and Physical Efficiency Test.
-> Candidates can attend the UP Police Constable and can check the UP Police Constable Previous Year Papers. Also, check UP Police Constable Exam Analysis.