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

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:

28 May Shift 1

Which of the following is correct regarding National Income Accounting ?

In order to compare the GDP figures of the same countries at different points of time, nominal GDP is used.
In order to compare the GDP figures of different countries, real GDP is used.
Flows are defined at a particular point of time.
Stocks are defined over a period of time.

22 May Shift 2

Nation Income – Undistributed profits – Net interest payments made by households – Corporate tax + Transfer payments to the households from the government and firms, is ______

13 May Shift 2

Addition to the stock of physical capital and changes in the inventory of a producer is known as .......

CUET Economics PYQs

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