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.

    DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

    Latest Videos

    Register to get FREE updates

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

    • ajax-loader
    • A verifcation code has been sent to
      your mobile number

      Please enter the verification code below

    Newsletter Signup
    Follow us on
    This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK
    X

    Register to view Complete PDF