Question

what is GDP? what is India's GDP in 2010-11​

Answer 1

India at constant prices (i.e. at the price level of the base year 2004-05) has been fluctuating during the period 2001-02 to 2013-14. The fluctuations range from 3.84% in the year 2002-03 to 9.57% in 2006-07.

The GDP growth rate decreased from 5.81% in 2001-02 to 3.84% in 2002-03. Thereafter, GDP growth rate increased and reached a high growth trajectory of 9% plus growth. India experienced 3 consecutive years of GDP growth rate in excess of 9% viz. 9.48% in 2005-06, 9.57% in 2006-07 and 9.32% in 2007-08.

Answer 2

answer is attached....