What is GDP? | CA Rachana Ranade

[@CARachanaRanade]

"Question 1: China exports mobiles to India? Answer: China" "Question 2: China comes and manufactures mobiles in India? Answer: India"

[@clasherrai253]

Your answer is correct😁😁

[@s.mohanasundharam3950]

I was correct

[@N.Pattanayak]

Yes

[@soyamiitb635]

correct maam and your videos are awesome and very informative and very funny also I liked your videos very much😂😂😁😁❤❤❤❤

[@theOGchappri]

1.China 2.India

[@bryanconnor1596]

Investors cannot predict the future in negative markets since they always bring in a new set of enterprises to purchase and watch while laying the groundwork for a new successful ascent. Which stocks are the best to add to a watch list or buy right now? I've seen news stories of folks making up to $250k during the recession.

[@tildazarqa4691]

Investors should be cautious about their exposure and new purchases, especially during periods of high inflation. I recommend that you seek the advice of a broker or financial counsellor for a successful long-term approach.

[@donaldwayne7023]

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[@zartanbarbara]

It has been stated that now is a fantastic moment to purchase. I have money in my bank account, though, that I really want to utilize now that inflation is at an all-time high. Could I look up this coach you mentioned if that's okay?

[@donaldwayne7023]

The financial counsellor who advises me Is Viviana Marisa Coelho, who has a sizeable following and is easily findable online. She has years of financial market knowledge.

[@garyfisher7651]

Thank you for the advice; I've been losing a ton recently, so I sought up Marisa and wrote to her outlining my financial objectives.

[@bluepurplepink]

Please remember that GDP per capita is also not an accurate measurement of public wealth. The wealth disparity can give a high GDP per capita. What we should see is Median Salary of India adjusted to inflation.

[@redheadhammer3527]

GDP PP is like some average. But is their a factor which determines the variance, so that we can get a better picture of how people of country are actually doing.

[@manvithsjain3485]

6:56 if China exports mobile made in china the it is not counted in our GDP but if any Chinese company set a plant in India it will be counted in India's GDP

[@BaTiAj]

Thank you so much ma'am for explaining the complicated GDP using ur own innovative "General Data Point" method. A true teacher of growing India, proud to be a listener & learner of u.

[@CARachanaRanade]

Thank you 😊

[@alok.pandey_112]

One of the best video I have watched. Hope india will also achieve $47000 per capita GDP soon. thanks a lot for sharing

[@Trilok22]

Madam Ji, What to do with Polyplex (picked by you for members) now down ~30% ⬇️ hold, sell or add❓️

[@erdineshmore]

Amazing knowledge from Amazing person We all love ❤ from Maharashtra

[@CARachanaRanade]

Thank you 😊

[@rayroby1077]

Yes its powerful India. 👍

[@varshasindhu5672]

GDP per capita is a very flawed way of understanding the condition of the average person. Due to increasing wealth gap in the country the country’s income is accruing to a few while most others are suffering. All governments fool their people by focusing on growing GDP. It took time for people in the US and UK to realise that they are actually worse off today than their parents were. Same thing is happening in India. It is up to teachers like you to present the complete picture to people.

[@Prasad247x]

Woah! What an interesting knowledge. I am blessed. You have put your heart into making this video. I'm impressed.

[@CARachanaRanade]

Glad you enjoyed it! 😇

[@useme2275]

Aa thoo

[@stdSShrutiGawas]

Hello ma'am Thank you so much for explaining concepts Right now I am 18yrs old and in that too I am science student As science student we hardly come across financial stuffs ... Or economics Your video are helping me to increase my knowledge about economics ... Once again thank you 😃

[@CARachanaRanade]

Thanks for watching.. All the best 😇

[@aunknownhunter7343]

India is importing the cheapest ever crude oil from Russia and paying in Russian currency which is beaten down ! But no benefits for Indian citizens and Companies!!! I feel this Govt is Incompetent and only knows how to keep rich richer and Poor poorer !

[@Husain_bohra]

Can anyone help me with where can I find the document shown in the video, P.s. I want to look at data of real GDP growth of India for the past 5 or 10 years.. Thank you

[@urmilbhatiya4766]

Thank you 🙏

[@Maishya_Trade]

Great explanation mam🙏🙏

[@akshaychaudhar6926]

Video was great my only concern is we can't compare the GDP per capita of 2 countries bcz there is huge diff in living cost and purchasing power of both countries with the same amount🙏🙏

[@Arpit_Gaur]

By definition goods and services produced within country boundary is called GDP so second option will be counted in India GDP

[@deepakkuli97]

*Gr8 Knowledgeable video* I watched more than 5 times also requested you to do such amazing videos on economics. Thks a lots!!!

[@CARachanaRanade]

Thank you 😇

[@Padmanabham.]

It's Feb 2023, people who are excited for: •Kids- *VLT* (Valentine) •Men- *BGT* (Border Gavaskar Trophy) •Legends- Chat *GPT* 😎😎😎 Namaskāram 🙏🏽☺️ . ..

[@yogeshmaheshwari5992]

Kindly give sample calculations ofvreal GDP

[@vaijayantiakolkar4449]

Per capita income or GDP is not always the true picture of citizen well-being of a country. Is there any such index such as human welfare index which will truly reveal welfare of lower income starta of a country?

[@chavanrohit4770]

Mam china is exporting mobile to india in this case india is importer and china is exporter of mobile so cash flow in GDP for china is positive and cash flow in gdp for india is negative and in second case china is investing money by putting up factories in india that is positive cash flow for indias gdp and positive cash flow also for chinas gdp and production in these factories got positive cash flow in both india and chinas gdp🙏

[@ArvindKumar-oi1xl]

Nice analysis on GDP. 👌👏👍🙏🙂

[@CARachanaRanade]

Glad you liked it 😇

[@ahilesh228]

Thank you

[@nilayamitashshanker]

I have one query on GDP. When we hear in News/News Paper that GDP Growth of a country is 8%. Then this 8% is Nominal GDP or Real GDP ?

[@rajanisuresh4437]

Too good simplified

[@kedarmurdeshwar5492]

I will put it in a simple way.. Sugarcane farmer to Sugar factory Sugar factory to Bakery Bakery to consumer (cake) If we assume last transaction was of finished goods and hence eligible for GDP then even the first transaction shows a finished product so is it not included in GDP

[@huzaifadhorajiwala734]

Maam, one req for such a simplified explanation..to the Topic (Developing Economy vs Developed Economy)....what are the parameters to look for and thresholds to define countries to this capacity...

[@kaacconsultanteduzoneeduzo5450]

Who verify the authenticity? Is inflation alias market price rise is really counted? Like one brother in news, inflated GDP is the gateway to get loan? Todays CA s are doing great !!!!

[@BaTiAj]

Ans 1. Import bill shall exceed thus -ve impact on GDP. Ans 2. Investment will increase thus +ve impact on GDP. 🙏

[@Krishnavee]

🥰 You are just wow 🥰

[@CARachanaRanade]

Thank you 😊

[@sreekanthsl]

Superb explanation Rachanaa 👌👌

[@CARachanaRanade]

Thank you 😇

[@huzaifadhorajiwala734]

Maam, this was a very smooth and easy to understand explanation of big and complicated concepts...of commerce...

[@DivyanshMahobia]

People who underestimated 12th macro economics ☠️🔥

[@kedarmurdeshwar5492]

Hello Rachana Madam..Namaskar..I have a question for you....on GDP.. As per your video, sugar sold to bakery is not a finished product but sugar was a finished product when sugar was sold by sugarcane farmer to sugar factory...so there is a confusion

[@b.raghavendra3631]

Hello ma'am Thank you so much for explaining concepts of GDP

[@CARachanaRanade]

Welcome! 😇

[@leosarebest]

Rachana Madam, Thanks for the video. I really gained insights into the GDP concept. Two points from my side which you can think on: 1) Higher GDP percentage does not necessarily reflect a true increase in GDP. Eg: USA GDP = 25 Trillion USD IND GDP = 3 Trillion USD If USA grows at 10 % it will add 2.5 trillion to its current GDP If IND grows at 20 % it will add 0.6 trillion to its current GDP. So in absolute terms USA GDP grew more than India's GDP whereas in percentage terms its the other way around. 2) Per Capita GDP This is not a correct parameter to check if the people are doing better off or not. Note as per the current budget, we have to provide food ration to 80 Crore people whose per capita GDP is approximately INR 2 Lakh. These two are contradictory statements in them self.

[@fintechtelugu6980]

US is 21 India is 3.75

[@SwampyPanda3]

​@@fintechtelugu6980so what? makes any difference?

[@YadneshPhadke]

Thank you for the very informative video. Another concept that I keep hearing is PPP-Purchasing power parity. Can you please help to understand that?

[@CARachanaRanade]

Thanks for your suggestion, we shall try to make a video on this topic.

[@belugulashushanth5643]

Great video But just a small doubt, Per capita of india is 2.5k$ and UK is 47k$ but the purchasing power parity is different in India and in UK. Suppose if person A gets a salary of 1000$ in India and Person B gets a salary of 1000$ in UK. Then Person A might be able to buy more things with 1000$ in India than the Person B in UK. If you can make a video on this that would be helpful

[@SuperHarryBird]

Demonetization and Poorly implemented GST was told to cause destruction of unorganised sector and some of which has reached the formal sector. Will that be the reason why India's GDP seen as growing while people are still getting the pinch.

[@rajamani2689]

My Financial teacher🔥✨️

[@pravinsawant4131]

But mam is there any difference in population of uk and india; yes definate so per capeta gdp is some how equal or grater is't it? correct me if i wrong

[@ltenniskboxing7854]

मस्तच

[@yogeshmaheshwari5992]

What weights we have to take

[@deepakkumarchauhan3286]

1. China exports mobile counts + plus to China GDP but as it is imported to india so can be counted as -negative to India's GDP 2. When china manufactures mobile in India then may be counted as +plus to India's GDP

[@prashantpandya2933]

Informal sectors I guess they sitting in cozy offices estimate and add to gdp, I guess... Gambling is not counted in gdp... Because it does not add value...

[@akee1618]

22-23 numbers are estimates and does this mean average individual output of finished goods and service is estimated at ₹2,00,000 in India?

[@salmanhaidr]

Make a video on sectors which have least penetration in india. I bet you it will be the best video ever Eg - Insurance, MF they have very low penetration hence growth is high. And stocks based on them

[@SumeetMagar-lb8gc]

You make me remember my 12th class eci class

[@ArjunKumar-ue7jz]

I respect all your information and statistics dear Rachana, the way you are educating the people is commendable. But, as we know, HDI is more important parameter to understand the progress of a country where India stands in a miserable position, if we compare with other progressive countries.. I hope that changes soon..

[@namankharbanda8000]

Thankyou for the video. Have an Mba interview tomorrow. This is really helpful.

[@mohamedusama5818]

You are a good teacher.

[@CARachanaRanade]

Thank you 😇

[@rd-tk6js]

very well explained !

[@CARachanaRanade]

Thank you 😇

[@MM-pl8dr]

Purchasing power parity must also be checked while comparing different countries

[@darshanshah3864]

Mem, Where to Find Company Concall ?

[@raninsriram8885]

How do we check these data are correct...please

[@parthsavaliya298]

Thank you Rachana for making this video, I have one question like, where can I find this GDP data report?

[@tusharjain5500]

Both will be counted in GDP I guess China export mobile to india will be recorded in imports Whereas china manufacturing mobile in India will be counted in consumption

[@pratibhamule5581]

+ for china for question 1 and - for 2nd question

[@masuya444]

I learnt more about GDP in this video than in school + MBA

[@Kidsflix10]

Mam please reply, section 10(26A) of income tax. Still applicable?

[@veeruveera1513]

Explain in detail about that base year, Do the video on Inflation

[@Anjalinaikwadi]

Hello ma'am I want to buy physical gold. When can I buy it? Can you please guide me?

[@Anjalinaikwadi]

Can I get WhatsApp number please?

[@chavanrohit4770]

Assume if we have reached gdp per capita equal to UK that is 47000 then our gdp will massive 66 trillion dollors top in the world that is potential of INDIA and its peoples💐💐💐

[@daspragmatic2995]

Nice concept details

[@p.yogeswar8079]

For example a water bottle costs $1 in US and $0.25 in India and assume it is the only item produced by both countries for a period. So now GDP of US is $1 and India is $0.25. Both countries produced 1 water bottle each. Is it apt to compare??????

[@girishabhyankar994]

Can we do short selling in swing trading ?

[@pratyushkhandelwal7138]

Can you please make a detailed video on No cost Emi, benefits as well as losses of the same

[@pratyushkhandelwal7138]

@CaRachana1 pagal samajh rakha hai kya be😂

[@tarunshetty8215]

Make Video on purchasing power parity

[@hypothesisworld2443]

What about individual country ppi

[@abinvincent482]

Great stuff ✌️

[@CARachanaRanade]

Thank you 😇

[@sandeepsuresh2232]

Excellent

[@BHUPESHBAGDE123]

1)+ China GDP and 2)Set up plant in india is +indias GDP

[@vinayakbharti8024]

FYI - CSO is now NSO under MoS&PI

[@yuvrajpardeshi1429]

Give Mic to the audience (edit team :-) ), its hard to hear her! thanks for restating her question

[@garryrana6516]

well done

[@GAMES-mi5ky]

Madam what is the future share of GTL infra

[@kritikasaini4675]

Please do fundamental analysis video of DR.REDDY share & MRF Tyres.

[@vikram8777]

People Should Improve Should Leave The Poor Mindset Of Not Learning Financial Education and Starting Grinding

[@btree4044]

Thanks for rhe video. Q1: per capita : whats the demographic covered ... infants & SSC r included? Q2: can u pls share or provide the source of the sheets/reports. Q3: Thx f the example of egg /bakery/ poultry. I blv all goods mnfrd from a factory is FG, which are consumed by its consumers, therefore should come under "C". thx. waiting for your / team precise and correct reply.

[@Hleagh]

Start at 14:30

[@sonukumar__officiaal]

😂😂

[@lankalapallimadhuteja5917]

Is national income and GDP are same ?

[@bhavinthakker8678]

In both question both are counted in China's gdp

[@MDAbdul_Lathif077]

Mam, do more videos about inflation, recession, unemployment, interest rates etc...

[@rajendradixit1686]

Population growth is the biggest obstacle in our GDP growth. I understood this from this video. 🤦‍♂️😩

[@rajkillekar6003]

1st Que. Ans is PLUS for CHINA'S GDP 2nd Que. Ans is PLUS for INDIA'S GDP

[@parmanandsharma8205]

2 is कपआउंटेड GDP

[@nikhilnarkhede6946]

Tai you made great video some of my concepts got cleared,but in the last you have compared India's per capita with uk's there you haven't taken into consideration the cost of living i know still they will be better than us in per capita but just a thought(and seriously I don't know if that is taken into consideration or not). Thank you so much for making so interesting videos by which common people also started investing and understanding Finances in better way.💯💯

[@nikhilnarkhede6946]

@CA Rachana.±𝟵𝟭𝟵𝟬𝟬𝟬𝟴𝟮𝟬𝟵𝟱𝟯 Thank you so much for your support certainly i want to learn from ma'am but as I'm still a student have less money to take up any course so once I have money i will first learn it from Tai and then implement it and once again Thank you so much.💯💯

[@Indiansoul369]

Wow… simplified explanation of GDP and per capita … to increase India’s per capita it has long long looooooooong way to goooooo

[@logeshrm5386]

Buying power and earing power of majority people improved in India very much in past 5 years, but no one will accept this reality 👍

[@manishgirdhar4881]

Mam ... We can also make payment in cash of Cake bought from bakery .. This data also cant reach govt.. Will this be counted in gdp

[@prathameshjoshi007]

unless you get GST receipt it won't be counted in gdp.

[@manishgirdhar4881]

It means india is way ahead in gdp in real.. But not according to records.. Because we receive very less gst receipts as consumer😅

[@prathameshjoshi007]

@@manishgirdhar4881 no, that means there are many people who are living on govt services without paying taxes honestly.

[@ravikulkarni1690]

First answer china. Second is india

[@anjan260]

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[@hitendrabhangale7543]

Angel one app update kab hoga😫😫

[@yuvrajpardeshi1429]

The starting scene should have been a swap of roles. Maam as a cast for foreign tourist you would have added more stars (of course in Blonde hairs! lol), the other cute lady did good too :-). Would have gained a million likes for blonde hair color...

[@anilkr5994]

I love your voic mam ❤️

[@letsshop_now]

Ma'am please make a video on "Cold Emailing"❤️

[@manas0774]

❤❤❤

[@shashankbv3366]

Can you please do video on how "Lehman brothers" bank fallen in 2008