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Inflation · UPSC CDS/OTA · Question 31 of 60

Inflation: If nominal GDP increases by 10% and prices rise by 6%, real GDP growth is

Step-by-step solution. Inflation for UPSC CDS/OTA.

Topic
Inflation
Subject
General Studies
Difficulty
moderate
Solve Time
45-60 sec

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Q · Inflationmoderate · 45s

If nominal GDP increases by 10% and prices rise by 6%, real GDP growth is:

TopicInflation
Question Typemultiple choice
Difficultymoderate
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained - no skipped algebra.

Real GDP growth = Nominal GDP growth - Inflation rate = 10% - 6% = 4%.

Final Answer: Option A - 4%
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If nominal GDP increases by 10% and prices rise by 6%… - Inflation (General Studies) Solved Question