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 : 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 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 : What is the most generally used indicator of overall economic performance?

Option 1: Per capita Gross National Product

Option 2: Human Development Index

Option 3: Physical Quality of Life Index

Option 4: Standard of living