Question

Nominal GDP of India as measured on Oct.2014 was-

Answer 1

Answer:

The real GDP or GDP at constant (2011-12) prices for the years 2014-15 and 2013-14 stands at Rs 105.52 lakh crore and Rs 98.39 lakh crore

Explanation:

Answer 2

Answer:

India's nominal GDP , which was measured on October 2014 was 2.04 lakh crores USD, with 7.4% annual change in GDP growth rate in the year 2014.

5,610 PPP dollars of GNI per capita was seen in 2014. GDP is the gross domestic product that measures nation's total economic growth. It is a quantitative property.

It includes different factors like consumption and investment and often referred to as total size of the economy and how it is affecting a country's well being.