Question
Which of the following should be excluded while
calculating Gross national Product?Solution
A transfer payment is a payment of money for which there are no goods or services exchanged. Transfer payments commonly refer to efforts by local, state, and federal governments to redistribute money to those in need. Transfer payments are not incorporated in the Gross National Product (GNP) because there are no goods or services offered in return.
When is Human Rights Day observed annually?
IREDA signed an MoU with which bank for co-lending and co-origination support for all Renewable Energy projects, facilitating loan syndication and under...
Which organization teamed up with Star Health to launch 'SUPER STAR', a modular long-term health insurance plan?
- Who has been appointed as the new President and CEO of Honda Cars India, effective April 1, 2025?
Where will India’s first white tiger breeding centre be set up?
World Refugee Day is celebrated on which of the following days?
Who won the gold medal in the men's long jump event at the MVA High Performance 1 2023 athletics meet?
What is the total corpus of the AgriSURE Fund launched by the government?
What is the purpose of the Reserve Bank of India (RBI) introducing a Fully Accessible Route (FAR) for investments in sovereign green bonds?
- India has partnered with which country to build its first indigenous polar research vessel?
