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Out of the following, which aggregate represents National Income?

534 viewsDecember 7, 2023MCQs (National Income)

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Anurag Pathak28.27K December 7, 2023 0 Comments

Out of the following, which aggregate represents National Income?

(a) NNP at MP

(b) GNP at FC

(c) NNP at FC

(d) GNP at MP

Anurag Pathak Changed status to publish December 7, 2023

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1 Answer

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Anurag Pathak28.27K Posted December 7, 2023 0 Comments

Ans – (c)

National Income = NNP at FC (Net National Product at Factor Cost)

Here, the Product represents the Income

Anurag Pathak Changed status to publish December 7, 2023

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.