Civil Services WBCS (Executive) Prelims + Mains Mock Tests 2025 General Knowledge Economy National Income Accounting
Which of the following statements about GDP and Welfare are correct?
1) GDP of a country is a indicator of welfare of the people.
2) If GDP is rising, the welfare may not rise equally.
3) GDP and Welfare both are not related each other.
1
1, 2 and 3
2
Only 1 and 2
3
Only 1 and 3
4
Only 2 and 3