Civil Services Uttarakhand Combined State Civil/Upper Subordinate Services Examination 2025 General Knowledge Economy National Income Accounting
Which of the following is the correct formula for calculating National Income (NI) from Net National Income (NNP)?
1
NI = NNP + indirect taxes - subsidies – depreciation
2
NI = NNP - indirect taxes + subsidies
3
NI = NNP - indirect taxes + subsidies – depreciation
4
NI = NNP + indirect taxes – subsidies