GDP stands for Gross Domestic Product. What does it show? Pick the correct sentences about GDP. (2024)

The correct option is B GDP of India is estimated by the Central Government Ministry
Gross Domestic Product (GDP) of a country is the sum of all the final goods and services produced in all the three sectors in a particular year. It shows the total production in a country. It shows how big the economy of a country is, in a given year, in terms of its total output. The task of estimating the GDP in India is undertaken by the Central Government Ministry.


GDP stands for Gross Domestic Product. What does it show? Pick the correct sentences about GDP. (2024)
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