Economics › National Income Accounting(GDP)

In the ‘Index of Eight Core Industries, which one of the following is given the highest weight?

With reference to Indian economy, consider the following statements :
(1) The rate of growth of Real Gross Domestic product has steadily increased in the last decade.
(2) The Gross Domestic product at market prices (in rupees) has steadily increased in the last decade.
Which of the statements given above is/are correct?

A decrease in tax to GDP ratio of a country indicates which of the following?
(1) Slowing economic growth rate
(2) Less equitable distribution of national income
Select the correct answer using the code given below.