state gov TSPSC Group 2 (తెలంగాణ గ్రూప్ 2) Mock Test Series General Knowledge Economy National Income Accounting
Consider the following statements with respect to the Gross Domestic Product (GDP) growth rate :
1. GDP growth rate is calculated only on yearly basis.
2. India's growth rate is the highest among its neighbours since the 1980s.
3. GDP growth rate is used as a measure of the economic health of a nation.
Which of the statements given above is/are correct?
1
3 only
2
1 and 3 only
3
2 and 3 only
4
1, 2 and 3