Question Description
Which of the following is not correct-a)Domestic production is the production activity irrespective of whether performed by citizens of India or not.b)National income is defined as Net National product at factor cost.c)National product includes the production activities of resident with respect of where it is performed within the economic territory or outside of it.d)According to expenditure method, national income is obtained by adding all the expenditure made on goods and services during a year.e)All are correctCorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Which of the following is not correct-a)Domestic production is the production activity irrespective of whether performed by citizens of India or not.b)National income is defined as Net National product at factor cost.c)National product includes the production activities of resident with respect of where it is performed within the economic territory or outside of it.d)According to expenditure method, national income is obtained by adding all the expenditure made on goods and services during a year.e)All are correctCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is not correct-a)Domestic production is the production activity irrespective of whether performed by citizens of India or not.b)National income is defined as Net National product at factor cost.c)National product includes the production activities of resident with respect of where it is performed within the economic territory or outside of it.d)According to expenditure method, national income is obtained by adding all the expenditure made on goods and services during a year.e)All are correctCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Which of the following is not correct-a)Domestic production is the production activity irrespective of whether performed by citizens of India or not.b)National income is defined as Net National product at factor cost.c)National product includes the production activities of resident with respect of where it is performed within the economic territory or outside of it.d)According to expenditure method, national income is obtained by adding all the expenditure made on goods and services during a year.e)All are correctCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of Which of the following is not correct-a)Domestic production is the production activity irrespective of whether performed by citizens of India or not.b)National income is defined as Net National product at factor cost.c)National product includes the production activities of resident with respect of where it is performed within the economic territory or outside of it.d)According to expenditure method, national income is obtained by adding all the expenditure made on goods and services during a year.e)All are correctCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which of the following is not correct-a)Domestic production is the production activity irrespective of whether performed by citizens of India or not.b)National income is defined as Net National product at factor cost.c)National product includes the production activities of resident with respect of where it is performed within the economic territory or outside of it.d)According to expenditure method, national income is obtained by adding all the expenditure made on goods and services during a year.e)All are correctCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Which of the following is not correct-a)Domestic production is the production activity irrespective of whether performed by citizens of India or not.b)National income is defined as Net National product at factor cost.c)National product includes the production activities of resident with respect of where it is performed within the economic territory or outside of it.d)According to expenditure method, national income is obtained by adding all the expenditure made on goods and services during a year.e)All are correctCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Which of the following is not correct-a)Domestic production is the production activity irrespective of whether performed by citizens of India or not.b)National income is defined as Net National product at factor cost.c)National product includes the production activities of resident with respect of where it is performed within the economic territory or outside of it.d)According to expenditure method, national income is obtained by adding all the expenditure made on goods and services during a year.e)All are correctCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which of the following is not correct-a)Domestic production is the production activity irrespective of whether performed by citizens of India or not.b)National income is defined as Net National product at factor cost.c)National product includes the production activities of resident with respect of where it is performed within the economic territory or outside of it.d)According to expenditure method, national income is obtained by adding all the expenditure made on goods and services during a year.e)All are correctCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.