Methods Of GDP Calculation - Economy | Prahar 4.0 - Demo Class 3 | UPSC 2025

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Welcome to the second demo class of Prahar 4.0—your comprehensive guide to mastering the Economy for UPSC 2025. In this session, we dive into the crucial concepts of Gross Domestic Product (GDP) and Gross National Product (GNP). Understanding the difference between these two economic indicators is essential for any UPSC aspirant, as they form the backbone of how a country's economic performance is measured. This class will help you grasp how GDP and GNP are calculated, their significance in economic planning, and their impact on national and global economies.
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