Advertisements
Advertisements
Question
In what two ways is the GDP measured in India?
Answer in Brief
Advertisements
Solution
In India GDP is measured both annually and quarterly. The annual GDP is for a financial year which is from April 1 of one year, for example, 2017 to March 31 of the next year, for example, 2018.
This is written as 2017-18.
The quarterly GDP estimates are for each of the four quarters into which India’s financial year is divided.
First-quarter, denoted Q1: April, May, and June.
Second Quarter – Q2: July, August, and September
Third Quarter – Q3: October, November, and December
Fourth Quarter – Q4: January, February, and March
shaalaa.com
Is there an error in this question or solution?
