Why is it important to note the base year when comparing GDP figures across different time periods?

1. The growth rate of Per Capita Income at current prices tends to be higher than at constant prices mainly because the current-price figure also reflects?

2. Which of the following best distinguishes GDP from GNP?

3. Why is it important to note the base year when comparing GDP figures across different time periods?

4. Which ministry oversees the National Statistical Office (NSO) that publishes India’s national income data?

5. Per capita income can rise while inequality also rises because: