Match the following : List – I List – II a) Limitation of national income estimation 1) GDP b) GVA +…
The non-monetised sector creates measurement difficulties in national income estimation, and adding taxes less subsidies to GVA gives GDP. The National Horticulture Mission…
Choose your answer
Match the following :
| List – I | List – II |
| a) Limitation of national income estimation | 1) GDP |
| b) GVA + taxes – Subsidies | 2) 2005-06 |
| c) National Horticulture Mission | 3) Non-monetised sector |
| d) NABARD | 4) 1982 |
Answer and explanation
Correct answer A
The non-monetised sector creates measurement difficulties in national income estimation, and adding taxes less subsidies to GVA gives GDP. The National Horticulture Mission began in 2005-06, while NABARD was established in 1982. Thus the matching is a-3, b-1, c-2, d-4.
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Telangana SET (TG SET)