Question : What is the most generally used indicator of overall economic performance?
Option 1: Per capita Gross National Product
Option 2: Human Development Index
Option 3: Physical Quality of Life Index
Option 4: Standard of living
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Correct Answer: Per capita Gross National Product
Solution : The correct answer is Per capita Gross National Product .
Gross domestic product (GDP) is widely acknowledged as the primary indicator of overall economic performance. It signifies the total value of all goods and services generated within the geographical confines of a country during a specific timeframe. Serving as a comprehensive gauge, GDP offers insights into the scale and vitality of an economy.
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Question : What is the parameter for economic development?
Question : The physical quality of life index does not include which of the following indicators?
Question : Which one of the following is not a dimension of human development index?
Question : Gross Domestic Product less Depreciation is________.
Question : Which of the following indicators is the best to assess the living standard of people?
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