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NDA 2018 GAT · General Knowledge · Indian Economy · hard

Gross Domestic Product (GDP) measures the

Single correct option

Gross Domestic Product (GDP) measures the
  1. A. Total exports of a country
  2. B. Value of final goods and services produced within a country in a year
  3. C. Income of the government
  4. D. Value of goods produced by citizens abroad only
Show answer and solution

Answer: (B) Value of final goods and services produced within a country in a year

GDP is the market value of all final goods and services produced within the domestic territory in a year. Counting intermediate goods would double count, and income earned by citizens abroad is part of GNP, not GDP.
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Original question written in the NDA 2018 GAT pattern and checked twice for the correct answer. Not an official question paper. How we write and check questions · Corrections policy · Report a mistake