Nirmala Sitharaman, who took oath as the new Cabinet member in september 2017 under Narendra Modi, has been given the Defence Ministry portfolio. Incidentally, she has become the first dedicated woman defence minister of India and only the second woman to hold the crucial ministry after Indira Gandhi.
The world's Greatest traveller of pre-modern times, believed to have put behind him a distance of over 73000 miles and visited territories the eqivalent of about 44 modern countries, is
A) Consumption, investment, government purchases, and net exports
B) Consumption, investment, government spending, and imports
C) Consumption, investment, government purchases, and imports
D) Consumption, investment, wages, and rent
A) Consumption, investment, government purchases, and net exports
B) Consumption, investment, government spending, and imports
C) Consumption, investment, government purchases, and imports
D) Consumption, investment, wages, and rent
Answer & ExplanationAnswer: A) Consumption, investment, government purchases, and net exports
Explanation:
Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.
Simply, GDP is a broad measurement of a nation’s overall economic activity.
It is calculated by summation of Consumption, investment, government purchases, and net exports.
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