Match List-I with List-II
List-I List-II (A) C + I +G + X –M (I) Gross National Product at Market Prices. (B) GDP_MP – Net indirect tax (II) Net National Product at Market Prices. (C) GDP_MP + NFIA (III) Gross Domestic Product at Market Prices. (D) GNP_MP - Depreciation (IV) Gross Domestic Product at Factor Cost.
Choose the correct answer from the options given below:
Match List-I with List-II
| List-I | List-II |
|---|---|
| (A) C + I +G + X –M | (I) Gross National Product at Market Prices. |
| (B) GDP_MP – Net indirect tax | (II) Net National Product at Market Prices. |
| (C) GDP_MP + NFIA | (III) Gross Domestic Product at Market Prices. |
| (D) GNP_MP - Depreciation | (IV) Gross Domestic Product at Factor Cost. |
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 4
measures Gross Domestic Product at Market Prices, so (A)-(III). minus net indirect taxes gives GDP at Factor Cost, so (B)-(IV). Adding Net Factor Income from Abroad to gives , so (C)-(I). Subtracting depreciation from gives , so (D)-(II).
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