Solved UPSC CDS/OTA Question
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Q · National IncomeModerate · 45s
Which method measures National Income by summing the value added at each stage of production within the domestic territory?
TopicNational Income
Question Typemultiple choice
DifficultyModerate
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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The Product (Value Added) Method adds Gross Value Added across industries to obtain GDP. A) Income Method sums factor incomes; C) Expenditure totals final spending; D) Mixed combines methods but is not a distinct single method.
Final Answer: Option B - Product (Value Added) Method