Question : In the estimation of national income, which of the following items will be subtracted from Net national product (NNP) at market price?

Option 1: Depreciation

Option 2: Net product taxes and net production taxes

Option 3: Net indirect taxes

Option 4: Depreciation and net product taxes

Question : Which of the following is a measure of national income that takes into account the depreciation of capital?

Option 1: Gross National Product (GNP)

Option 2: Net National Product (NNP)

Option 3: Gross Domestic Product (GDP)

Option 4: Net Domestic Product (NDP)

Question : Which of the following is a measure of national income that takes into account the depreciation of capital?

Option 1: Gross National Product (GNP)

Option 2: Net National Product (NNP)

Option 3: Gross Domestic Product (GDP)

Option 4: Net Domestic Product (NDP)

Question : Which of the following formulas is correct for Gross Value Added(GVA)?

Option 1: (GVA) = Gross National Product – Subsidies + Taxes

Option 2: GVA= Gross Domestic Product – Subsidies + Taxes

Option 3: GVA = Gross National Product + Subsidies – Taxes

Option 4: GVA = Gross Domestic Product + Subsidies – Taxes

Question : Which of the following is a measure of national income that takes into account the depreciation of capital and natural resources?

Option 1: Gross Domestic Product (GDP)

Option 2: Gross National Product (GNP)

Option 3: Net Domestic Product (NDP)

Option 4: Net National Product (NNP)