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Doctors Medicines MCQs Q&A

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2
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1 Answers

Option 2 : 2 only

The correct answer is 2 only.

  • The rate of growth of Real Gross Domestic Product had declined due to the recession in 2008 and other reasons for the next few years from 8-9% to 5-6%. Hence statement 1 is incorrect.
  • A surge in capital inflows, an inflationary explosion in global commodity prices, the global financial meltdown, and the collapse of international trade are the major challenges of India for the decline of the rate of growth of Real Gross Domestic Product.

  • Gross Domestic Product (GDP) is the final monetary value of all final goods and services produced in a country in a year.
  • Real gross domestic product is the inflation-adjusted value of the goods and services in a country.
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