Which of the following is the correct definition of Gross Value Added (GVA)? - Study24x7
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Dev kumar
08 Sep 2025 06:06 PM study24x7 study24x7

Which of the following is the correct definition of Gross Value Added (GVA)?

A

The value of total goods and services produced in an economy.

B

The difference between the output and the value of intermediate goods used in production.

C

The net income of an economy after deducting indirect taxes.

D

The market value of all final goods and services produced within a country.

UPSC
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