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National Income · UPSC CDS/OTA · Question 54 of 66

National Income: Which measure best reflects income generated by residents regardless of where they earn it?

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

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

Solved UPSC CDS/OTA Question

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Q · National IncomeModerate · 45s

Which measure best reflects income generated by residents regardless of where they earn it?

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.

GNP is resident-based (domestic + income earned abroad by residents − income paid to abroad).

Final Answer: Option C - Gross National Product
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Which measure best reflects income generated by… - National Income (General Studies) Solved Question