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Question
Assertion (A): The Net National Product (NNP) is considered as a true measure of national output.
Reason (R): It is also known as national income.
Options
Both (A) and (R) are true and (R) explains (A)
Both (A) and (R) are true and (R) does not explain (A)
(A) is correct and (R) is false
(A) is false and (R) is true
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Solution
Both (A) and (R) are true and (R) explains (A)
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RELATED QUESTIONS
Find the odd one.
Match the following
| 1. Development | Wild life Protection Act |
| 2. Human resource | Renewable resources |
| 3. Solar energy | Part of daily life |
| 4. 1972 | Education |
What are the indicators of development?
Why human resources is considered as the foremost resource of any country?
Expand the HDI.
Expand the NNP.
How is the Per Capita income calculated?
What is meant by the average Income?
Assertion (A): The term ‘economic development’ refers to the overall growth of all sectors of
the economy.
Reason (R): By adoption of new technologies.
This is also known as National Income.
