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Which of the following is/are correct? 1. GDP is calculated by adding up the value of all final goods and services produced in a country during a given year. 2. Intermediate consumption represents the value of goods and services as inputs in the production process, excluding fixed assets. Select the answer using the codes given below:
This question appeared in the HPSC Prelims 2025 examination (GS-II). It is Question 24 out of 200 questions in this paper.
This question was part of the HPSC Prelims 2025 (GS-II). The HPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all HPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.