If nominal GDP is Rs 12,500 crore and real GDP is Rs 10,000 crore, the GDP deflator is: MCQ with Answer and Explanation

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If nominal GDP is Rs 12,500 crore and real GDP is Rs 10,000 crore, the GDP deflator is:

A. 80

B. 100

C. 125

D. 150

Answer: Option C

Solution (By JKSSB Mock Tests)

GDP deflator = (12500/10000) × 100 = 125.

This question belongs to: Economy GK Economy Set 1

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