Jagran Josh Logo
  1. Home
  2. |  
  3. Bank Recruitment|  

Banking Term: Gross Domestic Product

Apr 10, 2015 16:41 IST

    It is a measure of the total outflow of goods and services produced by the economy over a specified time period, normally a year or a quarter.

    It is obtained by valuing outputs of goods and services at market prices, and then aggregating. Note that all intermediate products are excluded, and only goods used for final consumption or investment goods or changes in stocks are included.

    Latest Videos

    Register to get FREE updates

      All Fields Mandatory
    • (Ex:9123456789)
    • Please Select Your Interest
    • Please specify

    • By clicking on Submit button, you agree to our terms of use
      ajax-loader
    • A verifcation code has been sent to
      your mobile number

      Please enter the verification code below

    Newsletter Signup
    Follow us on
    X

    Register to view Complete PDF