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BPSC Prelims 2024 General 📅 04 Jan, 2025

NNP at factor cost is equal to

A
Disposable Personal Income
B
National Income
C
GNP at Market Price
D
GNP at factor cost Net indirect tax
Result Summary
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APEDIA

BPSC Prelims
2024 • 04 Jan, 2025 • General
NNP at factor cost is equal to
Correct Answer
National Income
• **Definition:** Net National Product at Factor Cost ($NNP_{FC}$). • **Synonym:** It is commonly known as **National Income**. • **Formula:** $NNP_{FC}......
💡 Analysis & Explanation
• **Definition
** Net National Product at Factor Cost ($NNP_{FC}$).
• **Synonym
** It is commonly known as **National Income**.
• **Formula
** $NNP_{FC} = GNP_{MP} - Depreciation - Net Indirect Taxes$.