Question
The difference between GDP and GNP is due
to:Solution
GDP counts total production within domestic territory, regardless of who produces it. GNP adjusts for Net Factor Income from Abroad (NFIA) —income earned by residents abroad minus income earned domestically by non-residents. Hence, GNP = GDP + NFIA. For India, NFIA is typically negative since more foreign capital earns income domestically than Indians earn abroad. Â
What is the objective of the PMFME scheme?
What is one of the components of the National Mission for Sustainable Agriculture (NMSA)?
Which of the following states was the largest producer of cotton in 2023-24?
As per the principle of crop rotation, pulses should be included in crop rotation as
Satellite-based crop yield estimation under PMFBY is carried out using which system?
What is the goal of the 'Per Drop More Crop' initiative?
What is the role of MAITRIs under the Rashtriya Gokul Mission?
The wings of butterfly and birds are:
Which country has the highest production of fruits and vegetables?
The PMGSY-IV scheme aims to provide how many kilometers of all-weather road connectivity?
