National Income can also be called : Option 1: Net National Product at Market Price Option 2: Gross National Product at Factor Cost Option 3: Net National Product at Factor Cost Option 4: Gross National Product at Market Price

The answer is 'Net National Product at Factor Cost'. View full solution:

CUET Economics - National Income can also be called : | PYQs + Solutions

CUET Economics 2023 28 May Shift 2

Macro

Easy

Net National Product at Market Price

Gross National Product at Factor Cost

Net National Product at Factor Cost

Gross National Product at Market Price

✅ Correct Option: 3

Related questions:

CUET Economics 2022 Slot 3

Which out of the following are intermediate goods ?

(A) Milk purchased by a household

(B) Sugar purchased by a restaurant

(D) Chalk and duster purchased by school

(E) Printer purchased by a lawyer

Choose the correct answer from the options given below :

31 May Shift 1

Which of the following constitutes as 'leakages' from the circular flow of income.

(A) Domestic Savings.

(B) Imports.

(D) Investment.

Choose the correct answer from the options given below:

30 May Shift 1

To get GVA at basic prices, one among the following will be added to GVA_FC. Choose the correct option from below :