GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
One of the problems in calculating the national India correctly is
A
under employment
B
inflation
C
non-nonetised consumption
D
low saving
Explanation: 

Detailed explanation-1: -The correct answer is Non-organized sector. The unorganized sector is the biggest impediment in calculating the National Income India.

Detailed explanation-2: -Lack of reliable statistical data creates difficulty in estimating national income. There is a chance of calculating the money value of goods and services more than once (double counting) Services of housewives is not included in national income. More items

There is 1 question to complete.