Current Affairs · Indian Economy
When the GDP base year is revised to 2022-23, which of the following methodological changes is most likely to occur as part of aligning India's National Accounts with global statistical standards?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Substituting the Production Method with the Income Method for all service-sector GDP estimates.
- 2Expanding coverage of the digital economy using new datasets like GSTN.✓
- 3Excluding the informal sector from GDP due to lack of real-time data.
- 4Replacing GDP at constant prices with GDP at market prices as the primary growth measure.
Correct answer
Expanding coverage of the digital economy using new datasets like GSTN.
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