GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which one of the following is NOT a method of measurement oF Natioanl Income?
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Value Added Method
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Income Metrhod
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Expenditure Method
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Investment Method
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Explanation:
Detailed explanation-1: -Profit Method is not a method of measuring national income. Product Method, Income Method, Expenditure Method are methods of measuring national income.
Detailed explanation-2: -The correct answer is Central Statistical Organisation. National income is the total market value of production in a country’s economy during a year. The national income of a country can be measured by three alternative methods: (i) Product Method (ii) Income Method, and (iii) Expenditure Method.
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