SSC Sample Paper SSC CHSL (10+2) Sample Test Paper-3

  • question_answer
    The difference between GNP and NNP equals

    A)  corporate profits

    B)  personal taxes

    C)  transfer payments         

    D)  depreciation  

    Correct Answer: D

    Solution :

     Gross National Product [GNP] is the gross value of all the final products without deducting the depreciation of fixed capital. Net National Product [NNP] is the value of net output in an economy during a period of one year. The difference between the GNP and NNP is equal to Capital depreciation.


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