What does the word domestic indicate in NDP?
Answer and explanation
Correct answer: The domestic territory of the country
In NDP, the word domestic refers to the geographical or economic territory where production takes place. It includes production within the country’s domestic territory, whether the producers are citizens or foreign entities. It does not mean only citizens, government units, or rural areas. Hence, the domestic-territory option is correct.
Frequently asked questions
What is the correct answer to this question?
The domestic territory of the country
Why is this the correct answer?
In NDP, the word domestic refers to the geographical or economic territory where production takes place. It includes production within the country’s domestic territory, whether the producers are citizens or foreign entities. It does not mean only citizens, government units, or rural areas. Hence, the domestic-territory option is correct.
Which subject and chapter does this question cover?
This is a Class 11 Economics question. Chapter: National Income and Related Aggregates.
