UPSC Exam  >  UPSC Questions  >   National Income at Factor Cost is equal to: ... Start Learning for Free
National Income at Factor Cost is equal to:
  • a)
    NNP at market cost - subsidies + indirect taxes
  • b)
    NNP at market cost + subsidies + indirect taxes
  • c)
    NNP at market cost - indirect taxes + subsidies
  • d)
    NNP at market cost - indirect taxes - subsidies
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
National Income at Factor Cost is equal to: a) NNP at market cost - s...
  • Putting indirect taxes' and 'subsidies' together, India's National Income will thus be derived with the following formula (as India does it at factor cost): National Income at Factor Cost = NNP at Market Cost – Indirect Taxes + Subsidies
View all questions of this test
Explore Courses for UPSC exam

Top Courses for UPSC

National Income at Factor Cost is equal to: a) NNP at market cost - subsidies + indirect taxesb) NNP at market cost + subsidies + indirect taxesc) NNP at market cost - indirect taxes + subsidiesd) NNP at market cost - indirect taxes - subsidiesCorrect answer is option 'C'. Can you explain this answer?
Question Description
National Income at Factor Cost is equal to: a) NNP at market cost - subsidies + indirect taxesb) NNP at market cost + subsidies + indirect taxesc) NNP at market cost - indirect taxes + subsidiesd) NNP at market cost - indirect taxes - subsidiesCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about National Income at Factor Cost is equal to: a) NNP at market cost - subsidies + indirect taxesb) NNP at market cost + subsidies + indirect taxesc) NNP at market cost - indirect taxes + subsidiesd) NNP at market cost - indirect taxes - subsidiesCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for National Income at Factor Cost is equal to: a) NNP at market cost - subsidies + indirect taxesb) NNP at market cost + subsidies + indirect taxesc) NNP at market cost - indirect taxes + subsidiesd) NNP at market cost - indirect taxes - subsidiesCorrect answer is option 'C'. Can you explain this answer?.
Solutions for National Income at Factor Cost is equal to: a) NNP at market cost - subsidies + indirect taxesb) NNP at market cost + subsidies + indirect taxesc) NNP at market cost - indirect taxes + subsidiesd) NNP at market cost - indirect taxes - subsidiesCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of National Income at Factor Cost is equal to: a) NNP at market cost - subsidies + indirect taxesb) NNP at market cost + subsidies + indirect taxesc) NNP at market cost - indirect taxes + subsidiesd) NNP at market cost - indirect taxes - subsidiesCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of National Income at Factor Cost is equal to: a) NNP at market cost - subsidies + indirect taxesb) NNP at market cost + subsidies + indirect taxesc) NNP at market cost - indirect taxes + subsidiesd) NNP at market cost - indirect taxes - subsidiesCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for National Income at Factor Cost is equal to: a) NNP at market cost - subsidies + indirect taxesb) NNP at market cost + subsidies + indirect taxesc) NNP at market cost - indirect taxes + subsidiesd) NNP at market cost - indirect taxes - subsidiesCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of National Income at Factor Cost is equal to: a) NNP at market cost - subsidies + indirect taxesb) NNP at market cost + subsidies + indirect taxesc) NNP at market cost - indirect taxes + subsidiesd) NNP at market cost - indirect taxes - subsidiesCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice National Income at Factor Cost is equal to: a) NNP at market cost - subsidies + indirect taxesb) NNP at market cost + subsidies + indirect taxesc) NNP at market cost - indirect taxes + subsidiesd) NNP at market cost - indirect taxes - subsidiesCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev