In the context of the Indian economy, market price refers to the actual price at…

Factor cost in the context of the Indian economy refers to the total cost incurred…

Green GDP, also known as environmentally adjusted GDP or sustainable GDP, is an economic indicator…

In the context of economics and statistics, a base year serves as a reference point…

The GDP deflator is a measure used to adjust the nominal Gross Domestic Product (GDP)…

Purchasing Power Parity (PPP) is a theory used in economics to compare the relative value…

Per Capita Income (PCI) is a measure used to assess the average income earned per…

Gross National Income (GNI), similar to Gross National Product (GNP), is a measure used to…

Gross Domestic Product (GDP) is a fundamental measure used to gauge the economic performance of…

Gross National Product (GNP) is a measure used in economics to assess the total value…