Question : Net domestic product is calculated as_______.

Option 1: Gross Domestic Product (GDP)  - Depreciation

Option 2: Gross National Product (GNP) - Depreciation

Option 3: Gross Domestic Product (GDP) - Net income earned from abroad

Option 4: Gross National Product (GNP)  - Net income earned from abroad

Question : Gross Domestic Product less Depreciation is________.

Option 1: Gross Domestic Investment

Option 2: Net National Product

Option 3: Gross National Product

Option 4: Net Domestic Product

Question : Which of these expressions is correct?

Option 1: If the factor income from abroad is greater than the factor income paid abroad, then the Gross National Product (GNP) would be greater than the Gross Domestic Product (GDP).

Option 2: If the factor income from abroad is greater than the factor income paid abroad, then the GNP would be lower than the GDP.

Option 3: If the factor income earned from abroad is less than the factor income paid abroad, then the GNP would be greater than the GDP.

Option 4: If the net factor income from abroad is negative, then the GNP would be greater than the GDP.

Question : It is possible to derive the value of the Gross Domestic Product (GDP) of a country. Which function of money is applicable here?

Option 1: Store of value

Option 2: Unit of account

Option 3: Standard of deferred payments

Option 4: Medium of exchange

Question : The income of Indians working abroad is a part of the: 

Option 1: domestic income of India

Option 2: income earned from abroad

Option 3: net domestic product of India

Option 4: gross domestic product of India