Question

Match List I with List II

| LIST I Terms| | LIST II Meaning
---|---|---|---
A.| GNP| I.| The market value of goods and services produced by residents in the country
plus income earned in country by foreigners, minus income received by
residents of a country from abroad
B.| GDP| II.| Sum of all kinds of incomes received by the individuals from
all sources of income
C.| NNP| III.| The sum of market value of all the final goods and services produced
in a country during a specific period of time, generally one year
D.| Personal Income| IV.| GNP - Depreciation

Choose the most appropriate answer from the options given below:

• A. A-III, B-I, C-II, D-IV
• B. A-I. B-III, C-II, D-IV
• C. A-III, B-IV, C-I, D-II
• D. A-III, B-I, C-IV, D-II

Answer 1

Answer: (D)

A-III, B-I, C-IV, D-II

Answer 2

The correct option is (D):A-III, B-I, C-IV, D-II