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When personal direct taxes are subtracted from personal income the obtained value is called:

A. Gross Domestic Product (GDP)

B. National Income

C. Gross National Product (GNP)

D. Personal Income

Answer: Option C

Solution(By Examveda Team)

When personal direct taxes are subtracted from personal income the obtained value is called Gross National Product (GNP)

This Question Belongs to General Knowledge >> Indian Economy

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Comments ( 3 )

  1. Vikky V
    Vikky V :
    10 months ago

    It's personal disposable income can some one explain how gnp is correct?

  2. Zahid Farooq
    Zahid Farooq :
    2 years ago

    Disposable income

  3. Temp One
    Temp One :
    2 years ago

    It should be disposable income.

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