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Question : Which of the following are National Concepts?

  1. NDPFC
  2. NNPFC
  3. NNPMP
  4. NDPMP

Option 1: Only 1&4

Option 2: Only 1&3

Option 3: Only 2&3

Option 4: Only 3&4


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Only 2&3


Solution :

There are four national concept-
  1. GNP MP - Gross National Product at Market Price.
  2. GNP FC- Gross National Product at Factor Cost.
  3. NNP MP- Net National Product at Market Price.
  4. NNP FC - Net National Product at Factor Cost.
.Hence, Option C is correct.

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