what is GDP?Who undertakes the task of measuring GDP? what is it's importance?
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GDP stands for the Gross Domestic Product of a country and it is the value of all final goods and services produced within a country during a particular year. In India, the mammoth task of measuring GDP is undertaken by a central government ministry. GDP is an important measurement for economists and investors because it is a representation of economic production and growth.
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GDP stands for gross domestic product. In India it is undertaken by central government ministry. It is an important measurement for economists and investors.
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