New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which among the following can also be termed as the

    National Income of a country?
    A GDP Correct Answer Incorrect Answer
    B GNP Correct Answer Incorrect Answer
    C NDP Correct Answer Incorrect Answer
    D NNP Correct Answer Incorrect Answer

    Solution

    NNP refers to the Net National Product. It is calculated by the gross national product minus the loss due to depreciation of the assets. If the Net National Product figure is divided by the total population of the country, we get the per capita income of the country.

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