Multiple Choice Questions on w LatentStyles DefLockedState false DefUnhideWhenUsed true DefSemiHidden true DefQFormat false DefP........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

w LatentStyles DefLockedState false DefUnhideWhenUsed true DefSemiHidden true DefQFormat false DefP...........

Economic Affairs Growth and Indicators
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    DIRECTIONS: Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). In the context of the above two statements, which one of the following is correct?

    Assertion (A): The GNP is the value of all goods and services produced annually by the nation.

    Reason (R): The most comprehensive measure of nation output is the GNP.

    Both A and R are true and R is the correct explanation of A.

    Incorrect Answer

    Both A and R are true but R is not a correct explanation of A.

    Incorrect Answer

    A is true but R is false

    Correct Answer

    A is false but R is true

    Incorrect Answer
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    Explanation:

    most comprehensive measure of national output, C+I+G+(X-M), measures aggregate demand on the basis of Gross domestic product

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    Naveen Bansal

    GNP IS GDP + income from abroad ........ option D may be correct???

    0 0 reply

    Sarthak Hans

    GNP is the measure of income by all the nationals of the country or can also be said the income of the nation

     0 0 reply
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