ECONOMICS (CBSE/UGC NET)

ECONOMICS

GDP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Using the following figures, please find GDP. C = 11.2 billion I = 2.5 billion G = 3.1 billion X = 2.2 billion M = 2.7 billion.
A
$16.8 billion
B
$15.8 billion
C
$21.7 billion
D
$16.3 billion
Explanation: 

Detailed explanation-1: -One trillion equals a thousand billions, or million millions. 1 trillion consists of 1 followed by 12 zeros, that is, 1, 000, 000, 000, 000 and can be written as 1012 (ten to the twelfth power). It takes about 32, 000 years to finish 1 trillion seconds.

Detailed explanation-2: -How many crores is 2 billion? As we know. one billion equals hundred crores or ten thousand lakhs. Therefore, two hundred crores make 2 billion, i.e. 2 billion = 2 × 100 crores = 200 crores.

Detailed explanation-3: -Billion To Rupees Converter Calculator In numbers, its written as 1, 000, 000, 000. The b and bn can be used to represent one billion. In the Indian numeral system, one billion equals ten thousand lakhs, and 1 billion is equal to 100 crores.

Detailed explanation-4: -∴ 1 billion = 1000 millions. Q. How many millions make a billion?

There is 1 question to complete.