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Questions and Answers
What is the GSDP at Constant (2011-12) Prices for 2023-24 (AE)?
What is the GSDP at Constant (2011-12) Prices for 2023-24 (AE)?
- Rs. 8,20,894 Cr (correct)
- Rs. 7,64,685 Cr
- Rs. 13,03,524 Cr
- Rs. 14,39,674 Cr
What is the growth rate of GSDP at Current Prices between 2022-23 and 2023-24?
What is the growth rate of GSDP at Current Prices between 2022-23 and 2023-24?
- 7.35%
- 10.44% (correct)
- 13.04%
- 8.21%
The GSDP at Current Prices for 2023-24 (AE) is:
The GSDP at Current Prices for 2023-24 (AE) is:
- Rs. 14.40 Lakh Cr (correct)
- Rs. 7.65 Lakh Cr
- Rs. 13.04 Lakh Cr
- Rs. 8.21 Lakh Cr
What is the GSDP at Constant (2011-12) Prices for 2022-23 (First Revised Estimate)?
What is the GSDP at Constant (2011-12) Prices for 2022-23 (First Revised Estimate)?
What is the difference in GSDP at Constant (2011-12) Prices between 2023-24 (AE) and 2022-23 (First Revised Estimate)?
What is the difference in GSDP at Constant (2011-12) Prices between 2023-24 (AE) and 2022-23 (First Revised Estimate)?
What is the GSDP at Current Prices for 2022-23 (First Revised Estimate)?
What is the GSDP at Current Prices for 2022-23 (First Revised Estimate)?
What is the absolute increase in GSDP at Current Prices from 2022-23 to 2023-24?
What is the absolute increase in GSDP at Current Prices from 2022-23 to 2023-24?
Flashcards
State Domestic Product (SDP)
State Domestic Product (SDP)
The total value of all goods and services produced within a state's geographical boundaries during a specific period (typically a year), without duplicate counting.
GSDP Growth Rate at Constant Prices
GSDP Growth Rate at Constant Prices
The increase in GSDP at Constant (2011-12) Prices between 2022-23 and 2023-24, expressed as a percentage.
GSDP at Current Prices 2023-24 (AE)
GSDP at Current Prices 2023-24 (AE)
The GSDP at Current Prices for 2023-24 (Advance Estimates) is Rs. 14.40 Lakh Crore.
GSDP at Constant (2011-12) Prices 2022-23
GSDP at Constant (2011-12) Prices 2022-23
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GSDP Difference at Constant Prices
GSDP Difference at Constant Prices
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GSDP Increase at Current Prices
GSDP Increase at Current Prices
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GSDP Growth Rate at Current Prices
GSDP Growth Rate at Current Prices
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GSDP at Current Prices 2022-23
GSDP at Current Prices 2022-23
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Study Notes
Gross State Domestic Product (GSDP) Data Summary
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GSDP Definition: State Domestic Product (SDP) measures the total value of goods and services produced within a state's borders, during a specific period (typically a year).
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Importance: SDP and Per Capita Income (PCI) are essential for policy-making and sustainable economic development; they provide insight into economic structural changes.
GSDP at Constant (2011-12) Prices
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2023-24 (AE): Rs. 8,20,894 Crore (Rs. 8.21 Lakh Cr)
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2022-23 (First Revised Estimate): Rs. 7,64,685 Crore (Rs. 7.65 Lakh Cr)
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Growth Rate (2022-23 to 2023-24): 7.35%
GSDP at Current Prices
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2023-24 (AE): Rs. 14,39,674 Crore (Rs. 14.40 Lakh Cr)
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2022-23 (First Revised Estimate): Rs. 13,03,524 Crore (Rs. 13.04 Lakh Cr)
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Growth Rate (2022-23 to 2023-24): 10.44%
Key Differences and Calculations
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Difference (Constant Prices 2023-24 - 2022-23): Rs. 56,209 Crore
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Difference (Current Prices 2023-24 - 2022-23): Rs. 1,36,150 Crore
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Approximate Difference (Current vs. Constant Prices 2023-24): Rs. 6.19 Lakh Crore
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Approximate Ratio (Current Prices/Constant Prices 2023-24): ~1.75:1
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