Match List-I with List-II.
| List-I | List-II |
| (A) $GDP_{MP}$ | (I) $NNP_{FC}-NFIA$ |
| (B) $NDP_{FC}$ | (II) $GDP_{MP}-NFIA - NIT $ |
| (C) $NNP_{MP}$ | (III) $GDP_{FC}+NIT$ |
| (D) $GDP_{FC}$ | (IV) $NDP_{FC}+NFIA+NIT $ |
Choose the correct answer from the options given below :
Answer & explanation
Correct answer: option 3
The correct answer is option (3) : (A)-(III), (B)-(I),(C)-(IV), (D)-(II)
- (A) GDP at Market Price ($GDP_{MP}$) : (III) $GDP_{FC}+NIT $
- (B) NDP at Factor Cost ($NDP_{FC}$)= (I) $NNP_{FC}-NFIA$
- (C) Net National Product at Market Price ($NNP_{MP}$) : (IV) $NDP_{FC}+NFIA + NIT $
- (D) GDP at Factor Cost ($GDP_{FC}$) : (II) $GNP_{MP}-NFIA-NIT $