Currently, what is the base year for calculating the Gross Domestic Product (GDP) in India?
Currently, what is the base year for calculating the Gross Domestic Product (GDP) in India?
[A]2008-09
[B]2010-11
[C]2011-12
[D]2012-13
2011-12
According to the recently released data, India’s economy expanded 7.2 per cent in the financial year ended March 2015, marginally slower than the previous estimate of 7.3 per cent. Presently, 2011-12 is used as the base year for calculating gross domestic product in India.
