✓ Board-verified↻ asked 3×
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 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)
Official answer
From CBSE’s own marking scheme for this paper.
(A)
Real, constant
Marking-scheme solution
(A)
Real, constant
More from National Income Accounting
- Income generated from Aircrafts of Air India operating between Canada and England would be added to the…2026 · asked 3×
- Read the following passage carefully: The domestic product measures the value of all goods and services…2026 · asked 3×
- Read the following statements carefully: Statement I: Positive externalities refer to the benefits a firm/an…2026 · asked 3×
- Following are the steps to measure National Income (NNP FC ) by Value Added method: (i) Calculate Domestic…2026 · asked 3×
- Read the following Flow chart carefully and choose the correct option:2026 · asked 3×
- Read the following statements carefully: Statement 1: Final goods are those goods which normally lose their…2026 · asked 3×
- On the basis of the given table, estimate the value added by the Baker. (Amount in ₹ crore) Farmer Baker ---…2026 · asked 3×
- Estimate the value of ‘Income from Property and Entrepreneurship’ on the basis of the given data: S. No.…2026 · asked 3×
CBSE Class 12 Economics past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.