2. Questions Bank
  3. UPSC
  4. Economics
  5. People as Resource

UPSC Economics People as Resource Question Bank Structure of Economy and Human Resources in India

  • question_answer
    The value of all final goods and services produced by the normal residents of a county and their property, whether operating within the domestic territory of the country or outside in a year is termed as

    A) Gross National Income

    B) Net National Income

    C) Gross Domestic Product

    D) Net Domestic Product

    Correct Answer: A

    Solution :

    The sum of a nation's gross domestic product (GDP) plus net income received from overseas. Gross national income (GNI) is defined as the sum of value added by all producers who are residents in a nation, plus any product taxes (minus subsidies) not included in output, plus income received from abroad such as employee compensation and property income.


You need to login to perform this action.
You will be redirected in 3 sec spinner