NCERT Important Questions Class 10 Social Science Economics Chapter 2
Important NCERT Extra Questions
Chapter 2 Sectors of the Indian Economy
NCERT Book Extra Questions for Session 2022-2023
CBSE Board and UP Board Others state Board
What is Gross Domestic Product? Which departments carry out the task of measuring the GDP in India?
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(a) The value of final goods and services produced in each sector during a particular year provides the total production of the sector for that year. And the sum of the production in the three sectors is called the Gross Domestic Product or GDP.
(b) The task of measuri.ng GDP is undertaken by a Central Government ministry. The
ministry with the help of various government departments of all the Indian states and union territories, collects the information relating to the total volume of goods and services and their prices and then estimates the GDP.
(c) The GDP of a country shows the size of the economy of the country. This reflects whether the country is poor or rich and the status of employment and people.