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प्रश्न
What is meant by Gross domestic product?
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उत्तर
Gross National Product is the total value of goods and services produced and income received in a year by domestic residents of a country. It includes profits earned from capital invested abroad.
GNP = C + I + G + (X – M) + NFIA)
C = Consumption
I = Investment
G = Government Expenditure
X – M = Export – Import
NFIA = Net Factor Income from Abroad)
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संबंधित प्रश्न
Students are collect the Gross Domestic Product datas of Tamilnadu and compare the other state of Karnataka and Kerala’s GDP.
Goods are ______.
______ is the market value of all goods and services produced in the country.
India is ranked ______ in Globe as regard to GDP.
The structural reforms brought in India recently are ______.
According to IMF, India is ______ fastest growing nation of the World.
In order to know the performance of India, one should know the ______ of our country.
The price at which the goods are sold in the market is called ______.
Choose the correct statement
- Only the final goods are included in the GDP.
- If the value of the Intermediate goods are included,, it will result in double counting,
- The rupee values are desired from the prices at which the goods and services are sold in the market.
- There is no sensible way to add the quantities of goods produced with those of the services produced.
Assertion (A): Intermediate goods are not counted in calculating the GDP.
Reason (R): Their value is already included in the final goods.
