The value of the nominal GNP of an economy was Rs 5000 crores in a particular year. The value of GNP of that country during the same year, evaluated at the prices of same base year, was Rs 6000 crores. What is the value of the GNP deflator of the year.

83.33

The correct answer is Option (2) → 83.33

• Nominal GNP = ₹5000 crores

• Real GNP = ₹6000 crores

  GNP Deflator= [Nominal GNP / Real GNP ] * 100 

                                = [5000 / 6000] * 100 = 83.33