Q. 14.4( 14 Votes )
GDP is the total
GDP is the total value of all final goods and services produced during a particular year.
The full form of GDP is a gross domestic product which mentions the flow of goods and services in an economy during a financial year. The task of measuring GDP is undertaken by a central government ministry in India, which helps in various government departments of all the Indian states and union territories, in collecting information relating to the total volume of goods and services and their prices after that GDP is estimated.
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