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Economic Concepts and National Income

13 PYQs · Asked in 9 of 16 years · Free practice

Microthemes in this theme· 6

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Nominal, Real and Per-Capita Measures

2 PYQs · Asked in 2 of 16 years

PYQs on Nominal, Real and Per-Capita Measures

2 PYQs from 2011–2026
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Prelims 2019

1 question
EconomyEconomic Concepts and National IncomeNominal, Real and Per-Capita MeasuresMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Concept understanding
Tags:
Purchasing Power Parity · Nominal, Real and Per-Capita Measures
Related topics:
Exchange Rates and Currency Management

Classification and difficulty are editorial labels. Explanations are awaiting review.

2019 · Q82

Prelims 2019, question 82: Nominal, Real and Per-Capita Measures

Consider the following statements: 1. Purchasing Power Parity (PPP) exchange rates are calculated by comparing the prices of the same basket of goods and services in different countries. 2. In terms of PPP dollars, India is the sixth largest economy in the world. Which of the statements given above is/are correct?

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Prelims 2015

1 question
EconomyEconomic Concepts and National IncomeNominal, Real and Per-Capita MeasuresMedium
Question details
Type:
Statement based
Skill:
Concept understanding
Tags:
Nominal, Real and Per-Capita Measures
Related topics:
GDP, GVA and National Income Accounting
2015 · Q81

Prelims 2015, question 81: Nominal, Real and Per-Capita Measures

With reference to Indian economy, consider the following statements : 1. The rate of growth of Real Gross Domestic Product has steadily increased in the last decade. 2. The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade. Which of the statements given above is/are correct?

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