GK
INDIAN ECONOMY
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Question
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Gross National Product(GNP) is-
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The total output of goods and services produced by the country’s economy.
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Total domestic and foreign output claimed by residents of the country.
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Sum of gross domestic product and investment.
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National income minus national expenditute.
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Explanation:
Detailed explanation-1: -The gross national income (GNI), previously known as gross national product (GNP), is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product (GDP), plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents.
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