The difference between Gross National Product (GNP) and Gross Domestic Product GDP) is

Related MCQs

• The vital data of a country are given below: GNP at MP = `99,000, Net factor income abroad = (-) 560 Capital consumption allowance = `6,100, Net indirect tax = `8,470 From the above, estimate of GNP at factor cost =
• If Nominal GDP is 11% and Real GDP is 6%, then the difference of 5% represent
• If GDP exceeds GNP the possible reasons could be
• If in 2000 nominal GDP is = `70000 Crore and the prices in 2000 were 40% more than the real GDP in 2000 using 1996 as a base year is
• Given Real GDP of 6.5% and rate of inflation of 5.5% nominal GDP will be…….
• GDP at market price exceeds GDP at factor cost by the amount of revenue raised through ……………….
• GDP at factor cost exceeds GDP at market price
• Given Real GDP 8.25%, Nominal GDP 11.25%, Rate of inflation will be
• If we add……………. to net domestic production we get GDP
• A read garment factory pays `100 for suit length and `5 for cotton thread purchased and `50 to the labour for stitching the suit which he sells in the market for `750. His contribution to GDP is