1.

Which of the following is not true about GVA?

(Topic : Growth Measurement) – 1 Marker

A. It gives a picture of the state of economic activity from the producers' side or supply side.
B. It facilitates easy cross country comparisons.
C. The calculation of GVA excludes indirect taxes.
D. It can be calculated at various levels- firms, industries or sectors.
E. All are correct
Answer» C. The calculation of GVA excludes indirect taxes.


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