Economic Glossary | GDI | Bankers Algo
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Success is not final, failure is not fatal: it is the courage to continue that counts

-by Winston Churchill

Series Funda

In the following question, one term in the number series is wrong. Find the wrong term.

21, 143, 165, 186, 209

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Economic Glossary

    GDI

The abbreviation for gross domestic income, which is the total market value of all final goods and services produced within the political boundaries of an economy during a given period of time, usually a year, as calculated using the income approach to measuring gross domestic product. Gross domestic income is virtually identical to gross domestic product (GDP), with one minor difference, the statistical discrepancy. As a matter of fact, the statistical discrepancy is identified as the difference between GDP and GDI.


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Banker's Algo Daily Dose

Word of the day

Abscond(v)

Meaning:

To depart in a sudden and secret manner, especially to avoid capture and legal prosecution.

Synonyms: break, clear out, cut and run, decamp, disappear

Antonyms: abide, continue, endure, give up, remain

Apti Question of The day

Question

405 sweets were distributed equally among the children in such a way that the number of sweets received by the child is 20% of the total number of children. How many sweets did each child received?

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