Answer Posted / govind

GDP-Gross Domistic product.
There methods are there for calculation GDP.

India is following Exp base calculation.

Formula is as follows:

Y = C + I + G + (X-M)

Y – Income (or GDP)
C- Consumption (or Private Final Consumption Expenditure).
I- Investment (or Gross Final Consumption Exp)
X- Exports
M- Imports

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