Question

Base year for estimation of Gross Domestic Product at constant prices in India, at present, is

  1. 1999-2000
  2. 2000-2001
  3. 2002-2003
  4. 2006-2007 2011-12

Answer:

Option D: 2006-2007 2011-12

Detailed Solution:

The correct answer is 2006-2007 2011-12”.

The base year for calculating GDP (Gross Domestic Product) in India is 2011-12.