2. Define GDP?
How is it calculated? :
GDP= C+ I+ G+ (X-M)
Where,
C= Consumption
I= Investment
G= Government expenditure
X= Exports
M= Imports
GNP= GDP + Net income inflow- Net payment outflow
3. Depreciation of Rupee
Current Value= 65.12 rupees
India has a partly convertible system for valuation of
rupee
Current causes?
ramifications? : Positive as well as negative
4. Gap between government’s expenditure and receipts
Current fiscal deficit: 3.99%
Causes:
high capital investment
lack of revenue