What is the full form of "GDP"?
A. Gross Domestic Product
B. Growth Domestic Product
C. Good Domain Price
D. Gross Domestic Price
Answer: Option A
Solution(By Examveda Team)
Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country’s economic health.Related Questions on Business Abbreviations
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A. Business Consortium
B. Bank to Consumer
C. Banking to Commodity
D. Business to Consumer
What is the full form of "SEBI"?
A. Sales Exchange Board of India
B. Sales Enterprise Business Inflation
C. Security Board of India
D. Securities and Exchange Board of India
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A. Profit Lending Rate
B. Prime Lending Rate
C. Private Lending Ratio
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What is the full form of "OPEC"?
A. Organisation of Petroleum Exporting Countries
B. Average Annual Growth Rate
C. Sensitivity Index
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