9 Views

Question : Which of the following is a measure of national income that takes into account the depreciation of capital and natural resources?

 

Option 1: Gross Domestic Product (GDP)

Option 2: Gross National Product (GNP)

Option 3: Net Domestic Product (NDP)

Option 4: Net National Product (NNP)


Team Careers360 9th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: Net Domestic Product (NDP)


Solution : The correct answer is (c) Net Domestic Product (NDP)

Net Domestic Product (NDP) is a measure of national income that takes into account the depreciation of capital and natural resources. It is calculated by subtracting the depreciation (or the wear and tear) of fixed capital and the depletion of natural resources from the Gross Domestic Product (GDP). NDP provides a measure of the net output or income generated within a country after accounting for the consumption of fixed capital and natural resources.

Related Questions

MAHE Manipal M.Tech 2025
Apply
NAAC A++ Accredited | Accorded institution of Eminence by Govt. of India | NIRF Rank #4
Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates, and judiciaries
Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
UPES | BBA Admissions 2025
Apply
#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships
UPES B.Tech Admissions 2025
Apply
Ranked #42 among Engineering colleges in India by NIRF | Highest CTC 50 LPA , 100% Placements
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books