Question

In India, the mammoth task of measuring GDP is undertaken by a central government

Answer 1

Answer:

• the value of final goods and services produced in each sector during a particular year provides the total production of the sector of the year.
• the sum of the production in the three sector gives the value of the gross domestic product or GDP of the country

Explanation:

• GDP is the value of all the final goods and services produced within a country during a particular year .GDP shows how big the economy is.
• in India measuring GDP is undertaken by the central government ministry.
• This ministry with the help of other various government departments of all the Indian states and union territories ,collect information relating to total volumes of goods and services of their prices and then estimate the GDP.