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Economics · 2026 · 1 mark

CBSE 2026 · Region 5 · Set 1 · Q1

“The Ministry of Statistics and Programme Implementation (MoSPI) is underway to revise the base year of Gross Domestic Product (GDP). The base year…

“The Ministry of Statistics and Programme Implementation (MoSPI) is underway to revise the base year of Gross Domestic Product (GDP). The base year is revised periodically to better capture the structural changes happening in the economy. The proposed new base year for the GDP is $\displaystyle 2022$ – 23.”The step taken by the Government of India is for revision of __________ Gross Domestic Product (GDP), as it is measured at __________ prices.(Choose the correct option to fill in the blanks)
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