Dr. Meghna Jain (pt) posted an Question
September 17, 2021 • 01:04 am 30 points
  • UGC NET
  • Management

Is this correct as it written in the column 7 in bracket?

it is written here GDPfc but the form written gross national product at factor cost

1 Answer(s) Answer Now
  • 0 Likes
  • 2 Comments
  • 0 Shares
  • Dr. meghna jain (pt)

    that is the formula I am asking that if we can write gross national product at factor cost as GDPfc

    eduncle-logo-app

    yes it's correct see attachment

  • Rucha rajesh shingvekar best-answer

    Yes GNP  = GDP ( at market price) + Net income inflow from abroad. However, if it’s at MP i.e Market Price: It includes: Net Indirect Taxes (NIT)

    cropped5197089318777047505.jpg
whatsapp-btn

Do You Want Better RANK in Your Exam?

Start Your Preparations with Eduncle’s FREE Study Material

  • Updated Syllabus, Paper Pattern & Full Exam Details
  • Sample Theory of Most Important Topic
  • Model Test Paper with Detailed Solutions
  • Last 5 Years Question Papers & Answers