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Economics

Aggregates related to national income - NNP

राष्ट्रीय आय से संबंधित समुच्चय—शुद्ध राष्ट्रीय उत्पाद (NNP)

This Class 12 Economics topic, part of the chapter “National Income and Related Aggregates,” explains Net National Product (NNP) as the value of final goods and services produced by a country’s normal residents after deducting depreciation. Students learn how NNP is related to Gross National Product (GNP), distinguish NNP at market price from NNP at factor cost, and understand the role of net indirect taxes and depreciation in national income calculations. The topic also helps them interpret NNP as an indicator of economic activity and income.

Practice questions

01 NNP at factor cost is ₹16,500 crore, net factor income from abroad is ₹500 crore and net indirect taxes are ₹800 crore. What is NDP at market price?

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