Multiple Choice Questions on Which of the following statements is are correct 1 If a country is experiencing increase in its per ........... for PCS Exam Preparation

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Multiple Choice Questions

Which of the following statements is are correct 1 If a country is experiencing increase in its per ...........

Indian Economic System(PCS) Growth and development
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    Which of the following statements is/are, correct?

    1. If a country is experiencing increase in its per capita GDP, its GDP must necessarily be growing.

    2. 'If a country is experiencing negative inflation, its GDP must be decreasing.

    'Select the correct answer using the code given below :

    1 only 

    Incorrect Answer

     2 only

    Incorrect Answer

    Both 1 and 2 

    Incorrect Answer

    Neither 1 nor 2

    Correct Answer
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    Explanation:

    GDP of a country is variable with factors like how much production is going on and population, So even though it is correlated with inflation but no absolute results can be concluded

    By: Atul Sambharia
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