What Is The Full Form Of OK | OK Full Form

What Does OK Means?

Full Form OK is Oll Korrect : OK (okay) is a colloquial English word denoting approval, acceptance, assent, or acknowledgment.

OK is most likely short for “Oll Korrect” or “Ole Kurreck” or “Orl Korrekt”, a jokey misspelling of “All Correct” that needs a little historical context to make sense. In the late 1830s, a slang fad inspired young, educated folks in New York and make tongue-in-cheek acronyms for deliberate misspellings of common phrases. This led to arcane abbreviations like KY for “no use” (know yuse) and NC for “enough said” (nuff ced).

Note:

According to American etymologist and lexicographer Allen Walker Read, OK did not stem from the Choctaw word okeh or oke. Nor did it come from olla kalla, Greek for “all good.”

What is the full form of GDP

GDP: Gross Domestic Product

The Full form of GDP is Gross Domestic Product. GDP is the total market value of all the goods and services produced within a country in a specific duration of time. GDP measures the monetary value of final goods and services – that is, those that are bought by the final user – produced in a country in a given period of time. It is used to measure the size of an economy and overall growth or decline in the economy of a nation. It indicates the economic health of a country as well as specifies the living standard of the people of a specific country, i.e. as the GDP increases the living standard of the people of that country increases. A country having good GDP is considered as a good country for living purpose. In India, there are three main sectors that contribute to GDP; industry, service sector and agriculture including allied services. GDP is the primary indicator to determine the growth of a country’s economy. There are many approaches to calculate GDP. If we talk about a simple approach, it is equal to the total of private consumption, gross investment and government spending plus the value of exports, minus imports i.e. the formula to calculate GDP = private consumption + gross investment + government spending + (exports – imports).

GDP stands for Gross Domestic Product. It is the total market value of all the goods, products and services produced within a country in a specific duration of time. It is used to measure the size of an economy and overall growth or decline in the economy of a nation. It indicates the economic health of a country as well as specifies the living standard of the people of a specific country, i.e. as the GDP increases the living standard of the people of that country increases. A country having good GDP is considered as a good country for living purpose. In India, there are three main sectors that contribute to GDP; industry, service sector and agriculture including allied services.