GDP Simplified for Competitive Exams: Growth Rate, Deflator, MV=PY, GNP, NNP, Per Capita Income

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  • เผยแพร่เมื่อ 6 ก.พ. 2025
  • 🔖Coupon Code: 'Mrunal.org' gives extra discount for 👨‍🏫 Mrunal's New UPSC Prelims & Mains Courses at unacademy.com/...
    📢Features of Mrunal's Economy Course at Unacademy:
    1) 👨‍🏫 Weekly live classes @night even Working Professional can attend
    2) 🆎 Updated Powerpoints with latest budgets, economic surveys & current Affairs of Economy
    3) 📑 500+ pages Rapid revision handouts, covering both Prelims & Mains, incl. Hindi translation for important terminologies. No need to purchase separate books / NCERTs.
    4) 🔠 Weekly Quiz with ranking system
    5) 💬 Weekly Doubt Solution to your queries.
    In this lecture, we'll learn the meaning and computation methods of gross domestic product (GDP), including 1) income method 2) Expenditure method 3) gross value added method- with their textbook formulas vs. real life formulas by central statistical office (CSO).
    We'll also learn, the growth rate puzzles in the third and fourth quarters in 2016-17, after the demonetization vs. the theoretical foundations of MV=PY.
    Misc: terms- Gross National Product (GNP), National National Product, per capita national income, Net Disposable Income
    Plus, Gross Happiness Index by UN’s Sustainable Development Solutions Network (SDSN) and India's latest ranking in 2017.
    Faculty Name: You know who
    All Powerpoint available at mrunal.org/powe...
    Exam-Utility: UPSC IAS IPS Civil service exam, Prelims, CSAT, Mains, Staff selection SSC-CGL, IBPS-PO/MT, IBPS-CWE, SBI PO & Clerk, RBI and other banking exams; LIC, EPFO, FCI & other PSU exams; CDS, CAPF and other defense services exams; GPSC, MPPCS, RPSC & other State PCS services exams with Indian Economy, Budget, Banking, Public Finance in its syllabus- with descriptive questions and answer writing.

ความคิดเห็น • 242

  • @neharawal4430
    @neharawal4430 3 ปีที่แล้ว +24

    I have followed sir's quite a few videos . But then I wanted to study national income so I opened his video but somehow I was facing difficulty in understanding this video so I searched some 20 30 videos of national income but none seems to be very proper and interesting but then I finally returned to sir 's videos and now my concepts are clear ...honestly there is no one like you who is this good in teaching economics ..

  • @arunkumarsharma1487
    @arunkumarsharma1487 4 ปีที่แล้ว +29

    I certainly feel that if he would have taught me economics in 12th or B. Com... I would be an excellent economist

  • @chandrashekharchauhan4120
    @chandrashekharchauhan4120 4 ปีที่แล้ว +14

    If sachin is god of cricket, mrunal sir you are the God of the teaching fraternity... Wish I had teachers like this in school, even 1 would have done

  • @paveldas8883
    @paveldas8883 5 ปีที่แล้ว +18

    after such a long time searching for best concept clearing for GDP got here .....sir u are amazing

  • @harshchauhan6299
    @harshchauhan6299 6 ปีที่แล้ว +364

    Nominate him for padma award in education field

    • @amanjeetkaur123
      @amanjeetkaur123 4 ปีที่แล้ว +7

      He deserves

    • @nancyyadav3768
      @nancyyadav3768 3 ปีที่แล้ว +3

      any idea where can i get this particular PPT? could not find it on the website.

    • @harshchauhan6299
      @harshchauhan6299 3 ปีที่แล้ว

      @@nancyyadav3768 screenshots of important topics

    • @sonubarnwal2600
      @sonubarnwal2600 3 ปีที่แล้ว

      @@amanjeetkaur123 hhh-------h---------hhh-h-h-hhh-hhhh-hhhhhhhhhhhhhhhhhhhhhhh---hhhhhhhhhhhhhhhhhhhhhv zz

    • @monirulsardar822
      @monirulsardar822 ปีที่แล้ว

      Nehi bro​@@pranshupratapsingh7676

  • @HardeepSingh-rb3vo
    @HardeepSingh-rb3vo 7 ปีที่แล้ว +7

    Guru ji lecture Uttam hi aur aap ka badhane ka tarika sarvottam hai is Upkar ke liye dhanyavad

  • @Vpandit196
    @Vpandit196 2 ปีที่แล้ว

    Kaash sir mai apse mil skta or apke per chhu skta. Aap jesa teacher duniya mai koi nhi. Ese hii apna ashirwaad sb students pe banaaye rkho

  • @vaishali910
    @vaishali910 ปีที่แล้ว +4

    Learning from you sir since from my pg . I would like to say thank you for clear understanding of these concepts so concrete & deep learning. God bless you sir ❤🙏🤗

  • @soujanyab9652
    @soujanyab9652 6 ปีที่แล้ว +3

    Sir ur classes are really fruitful and even most of the selected students guide to watch ur videos bt as ur classes are dealt in Hindi me and most of the aspirants who don't understand Hindi could not get the essence of ur teaching so please I request u to make videos in English too so that most of them get benefited by u

  • @darshangattani606
    @darshangattani606 7 ปีที่แล้ว +8

    mrunal ...thank you so much.... i had so mnay doubts in the GVA calculation method... u solved all of them....u r a true saviour...

  • @priyadarshinirathore7942
    @priyadarshinirathore7942 5 ปีที่แล้ว +7

    Sir your videos are verrrrrryyyyyyyy good . After studying from your videos my interest in eco increases . I love your videos. If any video is not related to my syllabus I use to watch them .... because your aallllll vdios are toooooooooo goood ......sir 🙏🙏🙏🙏🙏🙏💛

  • @varindersingh4487
    @varindersingh4487 6 ปีที่แล้ว +26

    Sir ,I m short of word to describe how helpful you are for poor aspirants.

  • @sonalisinghrajput8373
    @sonalisinghrajput8373 ปีที่แล้ว +1

    You are the best teacher for economics

  • @srijaneppalapally2650
    @srijaneppalapally2650 4 ปีที่แล้ว +1

    One of the easy and understandable explanations of the estimation of GDP controversies!

  • @rasikanawale4357
    @rasikanawale4357 3 ปีที่แล้ว +2

    15:15 income method

  • @parmardefence
    @parmardefence 5 ปีที่แล้ว +5

    9:27 Subtract Price of Last Product with Initial Product . Simple

  • @Being.aashish
    @Being.aashish 5 หลายเดือนก่อน +2

    sir jo chhodne kai liye keh rhe the 22:00 (and yaa I admit ki bohht purani video hai) but recent 2021 mai ye same question aaya tha calculation method before 2015 and after 2015!

  • @AkashKumar-df9gi
    @AkashKumar-df9gi 3 ปีที่แล้ว +2

    I was very confuse for economy
    Mrunal sir's videos are great solution
    Thankyou sir

    • @padhakoobytamanna
      @padhakoobytamanna 3 ปีที่แล้ว

      Hi, I hope this helps:
      th-cam.com/play/PL1C1Xzuo7okggvdnrxa4KNYramUvBTcve.html

  • @lakshmivijaya3001
    @lakshmivijaya3001 5 ปีที่แล้ว +1

    Seriously sir no words at alllll OMG... 🙏🙏🙏🙏🙏🙏 Thank you so much

  • @abhishekbarua2675
    @abhishekbarua2675 6 ปีที่แล้ว +1

    Mrunal Sir tame economics ne best teacher cho

  • @theunusualgyan9940
    @theunusualgyan9940 3 ปีที่แล้ว

    You are so great mere 2lakh ki coaching Bach gayi 💯thank you 💯

  • @InNationalist
    @InNationalist 2 ปีที่แล้ว +1

    First time saw such a great lecture, thank you Sir🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏❤

  • @ludwigwittgenstein9413
    @ludwigwittgenstein9413 7 ปีที่แล้ว +5

    Ek no. Sir , maza aagya
    Ye lecture and gst wala lecture are completely awesome and exhaustive .. Kya mast padhate ho sir aap.. thank you

  • @sapnamishra7619
    @sapnamishra7619 5 ปีที่แล้ว +4

    Sir, i m learning with your old version but it help me too much.

  • @richamishra1175
    @richamishra1175 ปีที่แล้ว +1

    Best explanation Sir as always

  • @naveenchaudhary4072
    @naveenchaudhary4072 6 ปีที่แล้ว +3

    m i the only one who still used to watch his economy series of 2015?

  • @PRChoudhary1994
    @PRChoudhary1994 7 ปีที่แล้ว +9

    Sir u deserve big Indian award

  • @shashankkodhati9682
    @shashankkodhati9682 7 ปีที่แล้ว +10

    I don't have words to say , great explanation..expecting more videos from you sir

  • @amansonkar6019
    @amansonkar6019 2 ปีที่แล้ว +4

    21:54 they asked this ques in 2021 GS3

  • @jaanudhanu2570
    @jaanudhanu2570 2 ปีที่แล้ว

    Thankyou ..... Acharya. Sri gurubhyo namah

  • @vibekiller123
    @vibekiller123 7 ปีที่แล้ว +12

    suuuuppper se bhi uparrrr :) Thank you sir.(:

    • @rupindersingh4048
      @rupindersingh4048 7 ปีที่แล้ว

      ari humbly request where is slides I could not find

  • @sakshichouhan1965
    @sakshichouhan1965 3 ปีที่แล้ว +1

    You are the best sir

  • @mrhuratorhakho631
    @mrhuratorhakho631 2 ปีที่แล้ว +4

    Mrunal analysis, guidance and blog r very helpful.
    But still cant replace NCERT FOR UNDERSTANDING.
    WHY people are so LAZY TO read NCERT and trying to become IAS.
    I can sense so many gaps in his teaching after reading NCERT 2 TIMES.

  • @PATHANIA19
    @PATHANIA19 6 ปีที่แล้ว +45

    If God were a teacher it would look like you mrunal sir

  • @pradeeppurohit6440
    @pradeeppurohit6440 6 ปีที่แล้ว

    Shi he english hindi dono...bhut bdiya

  • @think4all
    @think4all 3 ปีที่แล้ว

    Last 7 minutes is 💎

  • @amitsehwag414
    @amitsehwag414 6 ปีที่แล้ว +1

    Thanks sir for easy explanation

  • @marathimanus7915
    @marathimanus7915 3 ปีที่แล้ว

    Helorious explanation technic..

  • @ashutoshsegekar9982
    @ashutoshsegekar9982 5 ปีที่แล้ว +1

    Sir aap mere liye bhagwaan ho

  • @TrishaSPal
    @TrishaSPal 3 ปีที่แล้ว

    Ur voice is very attractive sir..

  • @rashno6939
    @rashno6939 6 ปีที่แล้ว

    Innovative way of teaching!!!!!

  • @indraarunkumar7638
    @indraarunkumar7638 6 ปีที่แล้ว

    Mrunal videos are the best for competitive exams

  • @vinodsinghparihar6932
    @vinodsinghparihar6932 7 ปีที่แล้ว

    Just awesome sir.. Maja aa gaya

  • @apostrophecontent8373
    @apostrophecontent8373 3 ปีที่แล้ว +1

    21:50 sir 2021 me aa hi gaya 😂😂

  • @akshpatel2868
    @akshpatel2868 6 ปีที่แล้ว

    Bhai you are best. Simply best

  • @sumitbasak63
    @sumitbasak63 4 ปีที่แล้ว

    You are my God 🙏🙏

  • @amitsable148
    @amitsable148 5 ปีที่แล้ว

    Superb Sir >>>>> Simply brilliant

  • @divyasinha6098
    @divyasinha6098 6 ปีที่แล้ว +6

    sir ab upload kr v do 2018 ka BSE ...apke alawa koi or economy itna achaa to padha ni skta h

  • @sshubamsanmotra
    @sshubamsanmotra 7 ปีที่แล้ว

    Sir u r truely God for us thnku so much

  • @conquerer8318
    @conquerer8318 6 ปีที่แล้ว +6

    Lol..that comparison of double dip with icecream😂

  • @amarkantkumar2515
    @amarkantkumar2515 7 ปีที่แล้ว

    mast paraha rahein hain sir.continue it sir

  • @praveenap4999
    @praveenap4999 4 ปีที่แล้ว

    Great sir ☺️👌

  • @parabatjam1100
    @parabatjam1100 5 ปีที่แล้ว +1

    legend of economy

  • @philosophical_anarchist
    @philosophical_anarchist 7 ปีที่แล้ว

    you ARE great sir!

  • @AbinashPanigrahi011
    @AbinashPanigrahi011 6 ปีที่แล้ว

    He is God for all aspirants !!

  • @bruh-12319
    @bruh-12319 4 หลายเดือนก่อน

    Sir try to explain classes in English sir
    It will benefit all the medium of students
    I was trying to stick to this classes bt bcz of medium I can't get through classes..
    If possible conduct classes in English language sir

  • @DhruvSharma-ss8qq
    @DhruvSharma-ss8qq 6 ปีที่แล้ว

    Awsm sir...u really doing great work

  • @ilovemyindia2821
    @ilovemyindia2821 6 ปีที่แล้ว

    U r best... Thank you so much Sir.

  • @gauravrao655
    @gauravrao655 5 ปีที่แล้ว +5

    Sir, so the salaries by the government [G] could also be included in the in the final private consumption [C] as is is finally utilised by private individuals and being calculated under private final consumption [C]. Please clarify

    • @komaldarekar3984
      @komaldarekar3984 5 ปีที่แล้ว

      I hv same question?

    • @saurabhverma4428
      @saurabhverma4428 4 ปีที่แล้ว

      suppose i have a company which gives a final service and you make expense and use the service. Your expenditure is used to calculate the GDP. After that with the money i got i can do whatever, i want, like buy a toothpaste(another final product) (C) or invest in a new house (I). Same way govt. employee is creating a final service, he is being paid for the service after he may do whatever with that may. Its a story of another final product or service.

  • @aatmakumar4631
    @aatmakumar4631 3 ปีที่แล้ว

    Nice class sir

  • @papandas4076
    @papandas4076 7 ปีที่แล้ว +1

    THANK YOU SO MUCH SIR

  • @harshvardhanbhanu5861
    @harshvardhanbhanu5861 7 ปีที่แล้ว +1

    sooner or later you will be definetly given award...

  • @ajaysharma-vp7sk
    @ajaysharma-vp7sk 6 ปีที่แล้ว +1

    Just one question :- why to take 2011 as a base year ??

  • @KabirndKavish
    @KabirndKavish 7 ปีที่แล้ว +2

    Thankyou Sir :)

    • @rupindersingh4048
      @rupindersingh4048 7 ปีที่แล้ว

      Ruchi Verma humbly request where is slides I couldn't find

    • @ankittiwari9034
      @ankittiwari9034 7 ปีที่แล้ว

      It's ok give me your WhatsApp no

    • @rupindersingh4048
      @rupindersingh4048 7 ปีที่แล้ว

      TIWARI TRICKS Rupinder Singh on telegram

  • @VirenderSingh-kl3zw
    @VirenderSingh-kl3zw 6 ปีที่แล้ว

    Thanks a lot

  • @saurabhverma4428
    @saurabhverma4428 4 ปีที่แล้ว

    sir, why is that gdp is calculated at market value. It contains the addition of taxes. On one hand we are adjusting GDP current prices to the the base year so that v we can get actual idea off the production on the other hand we are adding tax which doesn't contribute to the w i p r

  • @hd777able
    @hd777able 7 ปีที่แล้ว

    Excellent

  • @amitchaudhary2954
    @amitchaudhary2954 7 ปีที่แล้ว +3

    you are the Saviour..

  • @mdmasroor3494
    @mdmasroor3494 7 ปีที่แล้ว

    thank you so much Sir

  • @bhanusashankreddy5013
    @bhanusashankreddy5013 ปีที่แล้ว

    Sir How Can You Count Stocks/Shares in GDP in form of Investment?? You Are Just Buying Them From Someone. How Does That Contribute To GDP?? There is nothing newly produced that you are consuming. Stocks/Shares you buy from a company cannot come under investment portion of GDP right????

  • @cj007king
    @cj007king 6 ปีที่แล้ว +1

    Good, excellent

  • @vempatirahulreddy2158
    @vempatirahulreddy2158 5 ปีที่แล้ว +1

    Sir in expenditure method intermediate goods are also counted in investment.what if a same intermediate goods is used for the production of same year then it will be double time addition of value.this is something fishy.

  • @sameersaurabh5358
    @sameersaurabh5358 2 ปีที่แล้ว

    Best 😂👍 part of this video 😁😆 nahiiii 😁😁😁

  • @tirthankardas7732
    @tirthankardas7732 5 ปีที่แล้ว

    Brilliant

  • @abcabc9281
    @abcabc9281 3 ปีที่แล้ว

    Hlo sir ....what you said about GDP estimation is correct except ONGC profit will be included in India's GDP as it comes within Indian domestic territory as per SNA -2008....... kindly rectify it....

  • @Abinash99
    @Abinash99 3 ปีที่แล้ว

    Still gold 🙏

  • @sahilrangra5278
    @sahilrangra5278 5 ปีที่แล้ว

    GVA @basic + net tax = GDP @Market price
    This net tax includes net product and net production both?

  • @GopalKavali1729
    @GopalKavali1729 3 ปีที่แล้ว

    Good😇👍

  • @deepakkumar-hr3wq
    @deepakkumar-hr3wq 2 ปีที่แล้ว +1

    21:49 😭😭😭

  • @shyamcharan2741
    @shyamcharan2741 7 ปีที่แล้ว

    thanks

  • @deviprasannavara1464
    @deviprasannavara1464 5 ปีที่แล้ว

    Sir plss do make videos in English also

  • @jyothikrishna6904
    @jyothikrishna6904 4 ปีที่แล้ว

    Sir plz do in English also

  • @srujitha5941
    @srujitha5941 5 ปีที่แล้ว

    Please add subtitles or please provide lecture in English please sir

  • @yours_ballu
    @yours_ballu 6 ปีที่แล้ว

    Date : 04/12/18
    Time : 23:00Hrs

  • @mukeshpasipasi3067
    @mukeshpasipasi3067 5 ปีที่แล้ว +1

    Thank you sir for your giving this knowledge

  • @vivekanand5154
    @vivekanand5154 7 ปีที่แล้ว

    environment ki playlist poori dekh liye but i guess thats not not exhaustive ..then i take shankar ias notes but that is too much exhaustive ab itne kam time mein kuch imp lecture aap de dete to bahot kripa hoti ...

    • @adityachauhan4803
      @adityachauhan4803 7 ปีที่แล้ว +2

      vivek anand bro check out the environment module of vision, I think its better than Shankar. Hope it helps.

    • @ludwigwittgenstein9413
      @ludwigwittgenstein9413 7 ปีที่แล้ว +2

      vivek anand arey Bhai environment k liye roman saini k videos Dekh lo,
      Aur ho sake to vision ias k test 10 and test 21 ( environment related ) solve krlo

  • @rajeshkund8725
    @rajeshkund8725 7 ปีที่แล้ว

    Nice edutap

  • @RoyalEnfieldMan
    @RoyalEnfieldMan 4 ปีที่แล้ว

    Why do we add subsidies to National Income?

  • @dilipmakar9778
    @dilipmakar9778 6 ปีที่แล้ว

    he is good in economics because he is Gujrati..

  • @abikrish6084
    @abikrish6084 6 ปีที่แล้ว

    Please provide subtitles sir

  • @yashdave6547
    @yashdave6547 6 ปีที่แล้ว

    Take a bow
    Salam che tamne saheb

  • @operator_zx5265
    @operator_zx5265 5 ปีที่แล้ว +1

    sir thanks for this,but sir in GDP why we are taking 2011 as base year ?

    • @rockym7135
      @rockym7135 5 ปีที่แล้ว

      It'll be changed periodically...

    • @operator_zx5265
      @operator_zx5265 5 ปีที่แล้ว +1

      @@rockym7135 thank uh ...for info ...

  • @prateektekchandani
    @prateektekchandani 6 ปีที่แล้ว +1

    Thanks it was very informative 👍

    • @poonamsrivastava4370
      @poonamsrivastava4370 6 ปีที่แล้ว

      Are you referring the entire series for 2019? Is it up to date?

    • @prateektekchandani
      @prateektekchandani 6 ปีที่แล้ว

      @@poonamsrivastava4370 Only this video,I haven't watched the entire series

  • @shiprasharma1712
    @shiprasharma1712 7 ปีที่แล้ว +4

    eagerly waiting for the next video to come.. :) refreshed the browser for like 20 times to see if Mrunal sir has uploaded a new video or not..

    • @shiprasharma1712
      @shiprasharma1712 7 ปีที่แล้ว

      yes it is a new updated series for 2017 upsc prelims... he has given the relevant links of old videos in his ppt's itself which are need to be studied along with this series... so first go through this new series once...

  • @Be_intelectual
    @Be_intelectual 6 ปีที่แล้ว

    sir 2018 ke liye video banaiye pls

  • @sriramsaikrishna1874
    @sriramsaikrishna1874 7 ปีที่แล้ว

    Super

  • @itzzshalugupta3166
    @itzzshalugupta3166 4 ปีที่แล้ว +2

    Sr aap heera hain heera....

  • @mayankmishra1913
    @mayankmishra1913 5 ปีที่แล้ว

    NNP mein Remittance ko count karte hain ?

  • @suveenasingh464
    @suveenasingh464 7 ปีที่แล้ว

    hello sir what is difference between market risk , liquidity risk and operational risk ?

    • @ajeetkumar5569
      @ajeetkumar5569 7 ปีที่แล้ว

      MARKET RISK - is a systematic risk arises when there is a change in the market prices of investment portfolio assets of the financial institution. It can have an effect on the profitability of the financial institution where their investments would either yield a lower return or incur loss.
      LIQUIDITY RISK - is defined as the inability of the financial institution to quickly convert their assets into cash when needed.
      OPERATIONAL RISK - refers to the inefficiency and ineffectiveness of financial institution’ operations which includes management information system and human resources.

  • @gautamtimadana2977
    @gautamtimadana2977 6 ปีที่แล้ว

    Pls suggest. Manual sir's classes are enough for economy preparation for upsc