Question : Which of the following is not a method of calculating GDP?
Option 1: Expenditure approach
Option 2: Income approach
Option 3: Production approach
Option 4: Market approach
Correct Answer: Market approach
Solution : The correct answer is (d) Market approach
The market approach is not a method of calculating GDP.The market approach is not a recognized method for calculating GDP.
Question : Which of the following is not a method of calculating national income?
Option 2: Income Approach
Option 3: Output approach
Option 4: Tax Approach
Question : Which of the following is NOT a method to calculate GDP?
Option 1: Income method
Option 2: Expenditure method
Option 3: Output method
Option 4: Savings method
Question : Which one of the following is not a method of measurement of national income?
Option 1: Value-added method
Option 2: Income method
Option 3: Investment method
Option 4: Expenditure method
Question : Which one of the following is not a method for computing Gross National Product (GNP)?
Option 1: Income approach
Option 2: Expenditure approach
Option 3: Savings approach
Option 4: Value added approach
Question : Which of the following is not a method of measuring national income?
Option 1: Intermediate goods method
Option 3: Income method
Option 4: Product method
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