Economics · National Income Accounting
In the methodology for calculating National Income in India, which specific economic aggregate serves as the primary indicator for measuring the economic output at the sector level, measured at basic prices?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Gross Value Added (GVA) at Basic Prices✓
- 2Gross National Disposable Income
- 3Personal Disposable Income
- 4Net Domestic Product at Factor Cost
Correct answer
Gross Value Added (GVA) at Basic Prices
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