Economy: GDP base year revision and new retail inflation data series statements
Eco/topic:- Inflation/NCERT/the Hindu Government to release new series of retail inflation, GDP data from February, IIP from May next year - https://www.thehindu.com/business/Economy/retail-inflation-new-series-gdp-data-consultative-workshop/article70425667.ece For the best experience read this on The Hindu App. https://bit.ly/THNewsApp Consider the following statements: I. Revision of GDP base year is intended to capture new sectors and structural transformation. II. Revision of GDP base year automatically means GDP will be computed only through expenditure method. III. Revision of GDP series has no impact on growth rates. Which is/are correct? (a) I only (b) I and II only (c) II and III only (d) I, II and III
Pratiksha Rathi · 9mo ago
2
PRINCE · 9mo ago
No @rathiprati