Start learning →

GNP minus depreciation equals:

APrivate Income total
BNet National Product
CGross Domestic Product
DPersonal Income total
Answer & Solution
Correct answer: B. Net National Product
1. Depreciation is nobody's income. 2. GNP less depreciation is NNP. 3. It is valued at market prices. _Source: syllabus Introductory Macroeconomics, Chapter 2, National Income Accounting._
Practise this question with Quill — UPSC CSE →

Keep practising Indian Economy

Browse all Indian Economy questions for UPSC CSE, or explore more Economics topics.

Start a Indian Economy lesson →
Related questions