Current Affairs · Finance Commission
How is the 'Contribution to GDP' parameter, introduced by the 16th Finance Commission (FC-16), calculated for a state?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1As the average nominal GSDP of the state divided by the population of the state.
- 2As the square root of its GSDP to the sum of square roots of GSDP of all states.✓
- 3As the square of its GSDP divided by the sum of squares of GSDP of all states.
- 4As the ratio of a state's GSDP to the total national GDP.
Correct answer
As the square root of its GSDP to the sum of square roots of GSDP of all states.
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