SSC Economics Sample Paper NCERT Sample Paper-4

  • question_answer
    Which one of the following is not correct?

    A)  National income = NNP at factor cost

    B)  NNP = GNP minus depreciation

    C)  NDP at market prices= NDP at factor cost + (indirect taxes less subsidies)

    D)  GNP = GDP-net factor income from abroad

    Correct Answer: D

    Solution :

    [d] GNP = GDP + Net factor income from abroad.

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