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National Income · UPSC CDS/OTA · Question 53 of 66

National Income: Which is excluded to avoid double counting in Product Method?

Step-by-step solution. National Income for UPSC CDS/OTA.

Topic
National Income
Subject
General Studies
Difficulty
Moderate
Solve Time
45-60 sec

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Q · National IncomeModerate · 45s

Which is excluded to avoid double counting in Product Method?

TopicNational Income
Question Typemultiple choice
DifficultyModerate
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained - no skipped algebra.

Intermediate goods are excluded; we sum value added or final output to avoid double counting.

Final Answer: Option A - Intermediate goods
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Which is excluded to avoid double counting in Product… - National Income (General Studies) Solved Question