Reference Data: Financial Year (FY) 2020-21 2021-22 2022-23 2023-24 GDP Deflator 100 154.25 168.40 148.25 In which FY the nominal GDP and real GDP…

CA Foundation · Business Economics · PYQS · September 2025
Reference Data: Financial Year (FY) 2020-21 2021-22 2022-23 2023-24 GDP Deflator 100 154.25 168.40 148.25 In which FY the nominal GDP and real GDP are the same?
(A) A. FY 2021-22
(B) B. FY 2022-23
(C) C. FY 2020-21
(D) D. FY 2023-24

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. FY 2020-21

Topics: Determination of National Income

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