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Question
Which of the following statement is incorrect?
Options
Gross Domestic Product (GDP) at Market price = GDP at factor cost plus Net Indirect taxes.
Net National Product (NNP) at Market price = NNP at factor cost.
Gross National Product (GNP) at Market price = GDP at Market price plus Net Factor Income From Abroad.
Net National Product (NNP) at Factor cost = National Income.
MCQ
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Solution
Net National Product (NNP) at Market price = NNP at factor cost.
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Is there an error in this question or solution?
2019-2020 (March) Delhi Set 2
