state gov APPSC Group 4 (Pre+Mains) Mock Test 2022 General Knowledge Economy National Income Accounting
Which of the following is correct regarding the Product method of National Income Accounting of a country?
1
Self-consumption service are not to be included in this calculation.
2
It focuses on total value added by all components in production.
3
Net indirect taxes are excluded while calculating national income.
4
All are correct.