Economics · Economic Growth and Development
Which method is widely used by international organizations to compare the relative gross national income and standard of living across different countries by eliminating price level differences?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Purchasing Power Parity (PPP) Method✓
- 2Life Expectancy Index Method
- 3Adult Literacy Rate Method
- 4Infant Mortality Rate Method
Correct answer
Purchasing Power Parity (PPP) Method
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 Economic Growth and Development MCQs →Want more practice questions on Economic Growth and Development?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economic Growth and Development