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- Decide whether the question is static GK, current affairs, polity, history, geography, or science.
- Recall the exact fact or nearest anchor fact.
- Eliminate options that conflict with that fact.
Correct Answer: B
Correct Answer: B
Method / Topic: Economy
The correct option matches the accepted factual reference for this topic.
Short Explanation
Detailed Explanation
Correct Answer: B
Method / Topic: Economy
<table cellspacing="0" style="border-collapse:collapse; width:85px">
<tbody>
<tr>
<td style="border-bottom:none; border-left:none; border-right:none; border-top:none; height:20px; vertical-align:bottom; white-space:normal; width:85px">Constant prices remove the effect of inflation. So when GDP is calculated at constant prices, it shows the real increase in production of goods and services, not just an increase due to higher prices.</td>
</tr>
</tbody>
</table>
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Learn + Solve: Shortcut, Trap & Fast Route Click to view shortcut, steps, and common mistake
Shortcut used, common trap, and the fastest solving route
- Decide whether the question is static GK, current affairs, polity, history, geography, or science.
- Recall the exact fact or nearest anchor fact.
- Eliminate options that conflict with that fact.
GDP at constant prices is used to measure:
Explanation
Correct Answer: B
Method / Topic: Economy
The correct option matches the accepted factual reference for this topic.
Short Explanation
Detailed Explanation
Correct Answer: B
Method / Topic: Economy
<table cellspacing="0" style="border-collapse:collapse; width:85px">
<tbody>
<tr>
<td style="border-bottom:none; border-left:none; border-right:none; border-top:none; height:20px; vertical-align:bottom; white-space:normal; width:85px">Constant prices remove the effect of inflation. So when GDP is calculated at constant prices, it shows the real increase in production of goods and services, not just an increase due to higher prices.</td>
</tr>
</tbody>
</table>
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