Teaching BPSC 4.0 बिहार उच्च माध्यमिक शिक्षक भर्ती (PGT) Mock Test General Knowledge Economy National Income Accounting
Consider the following statements with respect to Gross National Product (GNP) :
1. It is the total value of all finished goods and services produced by a country’s resident citizens only, in a given financial year.
2. GNP does not include foreign residents’ income earned within the country.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
More than one of the above
5
None of the above