Match List- I with List-II.
| List-I | List-II |
| (A) GDP at Factor Cost ($GDP_{FC}$) | (I) $NDP_{MP}-NIT$ |
| (B) NDP at Factor Cost ($NDP_{FC}$) | (II) GVA at basic prices - Net Production Taxes |
| (C) Net National product at market price ($NNP_{MP}$) | (III) $GDP_{MP}-NIT$ |
| (D) Gross Value Added (GVA) at Factor Cost | (IV) $NDP_{MP}+NFIA$ |
Choose the correct answer from the options given below :
Answer & explanation
Correct answer: option 2
The correct answer is option (2) : (A)-(III), (B)-(I), (C)-(IV), (D)-(II)
- (A) GDP at Factor Cost ($GDP_{FC}$) : (III) $GDP_{MP} - NIT$
-(B) NDP at Factor Cost ($NDP_{FC}$) : (I) $NDP_{MP}-NIT$
- (C) Net National product at market price ($NNP_{MP}$) : (IV) $NDP_{MP}+NFIA$
- (D) Gross Value Added (GVA) at Factor Cost : (II) GVA at basic prices - Net Production Taxes