state gov TSPSC Group 2 (తెలంగాణ గ్రూప్ 2) Mock Test Series General Knowledge Economy National Income Accounting
Which of the following statements is correct?
I. GNP ≡ GDP + Net factor income from abroad
II. NNP ≡ GNP – Depreciation
where, GNP is Gross National Product, GDP is Gross Domestic Product, and NNP Net National Product.
1
Only I
2
Only II
3
Both I and II
4
None