Question
Which of the following is not a method to calculate
GDP?Solution
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.
The variety of mango ‘Sindhu’’ is produced from the crossing between……………….
Which cotton species is recognized as "American cotton" or "Upland cotton" and has an allelotetraploid chromosome number?
Enzymes are by nature:
What was the main objective of the MAHARISHI initiative launched at MACS 2023?
Name the enzyme which is used to cut DNA at specific sites to bind with desired DNA end to make recombinant DNA in the process of genetic engineering
Which of the following is not a basic principle of food preservation?
Which one of the following is an essential element to the plants?
Which Indian solar park holds the record for being the largest solar park in the world as of 2022?
In May 2021, which country successfully achieved landing of unscrewed spacecraft on Mars?
When was the Cotton Corporation of India (CCI) established?
