How to calculate india GDP growth rate?
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Answer / srilatha
GDP=C+I+G+(X-M)
C=CONSUMTION
I=INVESTMENT
G=GOVT SPENDING
X=EXPORT
M=IMPORT
| Is This Answer Correct ? | 208 Yes | 32 No |
Answer / vivek ambastha
How to calculate inflation?
Inflation is depend upon
1-Wholesale Price Index (WPI)
2-Consumer Price Index (CPI)
We just substitute a different value for the first one. So
if we want to know how much prices have increased over the
last 12 months (the commonly published inflation rate
number) we would subtract last year's index from the
current index and divide by last year's number and multiply
the result by 100 and add a % sign.
The formula for calculating the Inflation Rate looks like
this:
((B - A)/A)*100
| Is This Answer Correct ? | 52 Yes | 9 No |
Answer / girija nimgaonkar
((GDP 2003/GDP 2002)-1)*100 WILL GIVE YOU THE PERCENTAGE
GROWTH IN GDP IN YEAR 2003 OVER AND ABOVE THAT IN YEAR 2002
E.G. GDP -2003 2002
1430548 1318362
GDP GROWTH= ((1430548/1318362)-1)*100=8.51
MOST OF THE METHODS DISCUSSED ABOVE CALCULATE GDP AND NOT
GDP GROWTH...
| Is This Answer Correct ? | 42 Yes | 4 No |
Answer / rajesh
The method of Calculating India GDP is the expenditure
method, which is, GDP = consumption + investment +
(government spending) + (exports-imports) and the formula
is GDP = C + I + G + (X-M)
Where,
C stands for consumption which includes personal
expenditures pertaining to food, households, medical
expenses, rent, etc
I stands for business investment as capital which includes
construction of a new mine, purchase of machinery and
equipment for a
factory, purchase of software, expenditure on new houses,
buying goods and services but investments on financial
products is not included as it falls under savings
G stands for the total government expenditures on final
goods and services which includes investment expenditure by
the government, purchase of weapons for the military, and
salaries of public servants
X stands for gross exports which includes all goods and
services produced for overseas consumption
M stands for gross imports which includes
| Is This Answer Correct ? | 35 Yes | 9 No |
Answer / vivek ambastha
GDP=C+I+E+G
C=CONSUMER INVESTING INVESTMENT
I=INVESTMENT MADE BY INDUSTRIES
E=(EXPORT-IMPORT)
G=Govt. EXPENDETURE.
WHERE E SHOULD BE +ve,
| Is This Answer Correct ? | 82 Yes | 61 No |
Answer / anjaneyulu
Gross domestic product is the money value of all final
goods and services produced in the domestic territory of
country during an accounting year.
| Is This Answer Correct ? | 23 Yes | 14 No |
Answer / rajendra prasad sen
Ans 8 is correct among all the others. But we may also calculate the growth rate as: Say, gdp of d year 2010 is 6926156 cr and for 2011 is 7263256 cr. Then we can calculate GDP Growth rate as - percentage increase or decrease in GDP over the year 2011 in terms of 2010. So, GDP GROWTH RATE (HERE Increase)={(7263256-6926156)/6926156}*100
=(337100/6926156)*100
=4.87(aprox). The result will b the same with the process used in ans 8.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / kiran
The gross domestic product calculated by, (production +
consume + investment +import- export+ selling)it just cycle
of GDP in daily transaction with each other and consider
every small part also for increase GDP of our country
| Is This Answer Correct ? | 0 Yes | 2 No |
The basic formula for calculating the GDP is:
Y = C + I + E + G
where
Y = GDP
C = Consumer Spending
I = Investment made by industry
E = Excess of Exports over Imports
G = Government Spending
| Is This Answer Correct ? | 2 Yes | 4 No |
Answer / mukesh patidar
According to per capita income
for example
current year per capita income minus
previous(base) year per capita income
divided by base year per capita income
multiply by 100 gives % increase or decrease in GDP
| Is This Answer Correct ? | 0 Yes | 2 No |
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