SSC Economics Sample Paper NCERT Sample Paper-4

  • question_answer
    Which among the following will be included while measuring GDP of the country?
    1. Second hand Car
    2. Production of tyres for the Car.
    3. Production of Cloth.
    Which of these statements is/are correct?

    A)  Only 1 and 2    

    B)  Only 1 and 2

    C)  Only 2 and 3    

    D)  All 1, 2 and 3

    Correct Answer: C

    Solution :

    [c] Second hand sales are excluded because no production is involved except for the sales service. For instance, goods sold in a consignment shop would not be part of the GDP, but the services provided by the consignment shop would be included.

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