Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) General Knowledge Economy

To compute the 'Index of Sustainable Economic Welfare', which of the following corrections is/are made in the value of GDP?

1
Subtract the monetary value of depreciation
2
Subtract the monetary value of loss due to floods and droughts
3
Subtract the monetary value of expenditure on defence
4
Subtract the costs of environmental degradation
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