UPSC 2010 › Indian Economy › National Income & Economic Growth

In the context of Indian economy, consider the following pairs:

1. Melt down – Fall in stock prices
2. Recession – Fall in growth rate
3. Slow down – Fall in GDP

Which of the pairs given above is/are correctly matched?

With reference to BRIC countries, consider the following statements:

1. At present, China’s GDP is more than the combined GDP of all the three other countries.
2. China’s population is more than the combined population of any two other countries.

Which of the statements given above is/are correct?

With reference to Indian economy, consider the following statements :

1. The Gross Domestic Product (GDP) has increased by four times in the last 10 years.
2. The percentage share of Public Sector in GDP has declined in the last 10 years.

Which of the statements given above is/are correct ?