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Which of the following is best described as: Value of output minus intermediate consumption generated by producers

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Question ID #26391 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC Indian Economy Sectional Test 2026 Medium

Correct Answer: B. GVA
The correct answer is GVA. Value of output minus intermediate consumption generated by producers

Question: Which of the following is best described as: Value of output minus intermediate consumption generated by producers

A. Inclusive growth

B. GVA

C. Deflation

D. Repo rate

Correct Answer: B. GVAThe correct answer is GVA. Value of output minus intermediate consumption generated by producers

Which of the following is best described as: Value of output minus intermediate consumption generated by producers - MCQ Explanation

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Correct answer: B. GVA