Match the following:
| 1. | Gross domestic product at market prices | A. | By default chairperson of the planning commission |
| 2. | Prime minister | B. | The money value of final goods and services produced within the economy in one year |
| 3. | Tariff | C. | Limits set on the number of goods to be imported |
| 4. | Quota | D. | Taxes on the import of commodities |
Answer & explanation
Correct answer: option 1
Gross domestic product at market price is the money value of final goods and services produced within the economy in one year.
The Prime minister of India is the default chairperson of the planning commission of India. The current chairperson of the planning commission is Shri Narendra Modi.
Self-reliance after the independence of India was promoted with the help of import substitution strategies which included : Tariff(Taxes on the import of commodities) and Quotas (Limits set on the number of goods to be imported)