As per the advance estimates, the Net State Domestic Product at constant (2011-12) prices, in the year 2020-21 has been estimated at

Correct option is C

Ans. (c)
The Net State Domestic Product (NSDP) at constant (2011-12) prices for the year 2020-21 has been estimated at ₹5.70 lakh crore, as per the advance estimates.
· NSDP is derived by subtracting the Consumption of Fixed Capital (CFC) from the Gross State Domestic Product (GSDP). It represents the net value of goods and services produced within the state.
Key Points:
Gross State Domestic Product (GSDP):
· A measure of the total monetary value of goods and services produced within a state's boundary over a specific period, excluding duplication.
Net State Domestic Product (NSDP):
· NSDP = GSDP - CFC.
· NSDP gives a more accurate representation of a state's economic performance as it considers depreciation.
· Rajasthan’s NSDP at constant (2011-12) prices for 2020-21 was estimated at ₹5.70 lakh crore.
· Rajasthan’s GSDP (at constant prices) was projected to contract by 6.6% in 2020-21.
Additional Information:
As per Rajasthan Budget Analysis 2021-22:
· The GSDP at current prices for 2021-22 was projected at ₹11,98,348 crore.
· India's GDP contracted by 7.7% in 2020-21.
· Rajasthan's total expenditure for 2021-22 was estimated at ₹2,50,747 crore, reflecting an 8% increase over 2019-20.