Question 1 of 13
Economy
Question 1
With reference to the new GDP series with 2022-23 as the base year, consider the following statements:
- 1.An enterprise engaged in multiple activities has its entire Gross Value Added assigned to the sector that contributes the largest share of its turnover.
- 2.The output of the unincorporated household sector continues to be estimated mainly by extrapolating benchmark-year figures with indicators, rather than from annual surveys.
- 3.Electricity generated by households through rooftop solar panels for their own use is counted in GDP.
Which of the statements given above is/are correct?