Economics · Gross Domestic Product (GDP)
What is the definition of Gross Domestic Product (GDP)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Total monetary value of goods produced abroad by a country's citizens
- 2Total monetary value of final goods and services produced within a country's border in a specific period✓
- 3Total value of goods produced, excluding services
- 4Total value of final goods and services produced by citizens of a country
Correct answer
Total monetary value of final goods and services produced within a country's border in a specific period
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Gross Domestic Product (GDP) MCQs →Want more practice questions on Gross Domestic Product (GDP)?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Gross Domestic Product (GDP)