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National income accounts have three sides: a product side, an expenditure side and an income side. So there are three methods of measuring national Income. They are 1. Output/Production or value added method 2. Incomemethod 3. Expenditure Method · The product side measures production based on concept of value added and has two widely reported measures of overall production namely, Gross Domestic Product (GDP) and Gross National Product (GNP). · The expenditure side looks at the final sales of goods and services, Whereas the income side measures the distribution of the proceeds from sales to different factors of production. · Accordingly, national income is a measure of the total flow of ‘earnings of the factor-owners’ which they receive through the production of goods and services. · Thus, national income is the sum total of all the incomes accruing over a specified period to the residents of a country and consists of wages, salaries, profits, rent and interest.
Art. 165 of the Constitution deals with the appointment of ?
Jurisdiction in the case of Juveniles lies with?
Which of the following cases talks about an ex parte case coming under the purview of revisional jurisdiction as per s.115 of CPC?
In case of a decree for execution of a document, draft of document shall be prepared by__________________
The term debt has been defined under IBC as _________________
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Which of the following best describes the scope of administrative law?
What is consent under the Indian Contract Act, 1872?
The auditor may be removed from his office before the expiry of his term only by a _______________ of the company, after obtaining the previous approval...
Res gestae is a latin term which means-