APPSC Group 1 Prelims 2019 Paper 1 · Question 71

Question 71 of the APPSC Group-I Prelims 2019 Paper I (26 May 2019). Try it first, then open the answer and explanation.

1. Prelims 2019 · P-I · Q71 · Indian & AP Economy · National Income & Growth

   Among the following National Income Concepts, find out the correct one :

   క్రింద ఇవ్వబడిన భారతీయ రాబడి విధానాలలో సరైనది ఏది?

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   Answer: Gross Domestic Product at Market Price = Gross National Product at Market Price – Net Income from Abroad

   సమాధానం: మార్కెట్టు విలువలో స్థూల దేశీయ ఉత్పత్తి = స్థూల దేశీయ ఉత్పత్తి – నికర విదేశీ రాబడి

   GNP = GDP + net factor income from abroad, so GDP at market price = GNP at market price minus net factor income from abroad.

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