Question : Which of the following are National Concepts?

NDP_FC

NNP_FC

NNP_MP

NDP_MP

Option 1: Only 1&4
Option 2: Only 1&3
Option 3: Only 2&3
Option 4: Only 3&4

Question

Question : Which of the following are National Concepts?

NDP_FC
NNP_FC
NNP_MP
NDP_MP

Option 1: Only 1&4

Option 2: Only 1&3

Option 3: Only 2&3

Option 4: Only 3&4

Team Careers360 · Accepted Answer

Correct Answer: Only 2&3

Solution :

There are four national concept-

GNP_MP- Gross National Product at Market Price.
GNP_FC-Gross National Product at Factor Cost.
NNP_MP-Net National Product at Market Price.
NNP_FC- Net National Product at Factor Cost.

.Hence, Option C is correct.

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Question : Which of the following are National Concepts? NDPFC NNPFC NNPMP NDPMP Option 1: Only 1&4Option 2: Only 1&3Option 3: Only 2&3Option 4: Only 3&4

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Question : Which of the following are National Concepts?

NDP_FC

NNP_FC

NNP_MP

NDP_MP

Option 1: Only 1&4
Option 2: Only 1&3
Option 3: Only 2&3
Option 4: Only 3&4

Question : Complete the following-

GDPFC = ? + Depreciation.

Question : Which of the following are the part of national income?

Purchase of equipments for installation in a factory.

Construction of a new house.

Brokers commission on sale of shares.

Question : Which of the following are not included in national income?

Income from sale of property, inherited from a relative.

GST received by government.

Direct purchases made abroad by government.

Purchase of equipments for installation in