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Net National Product (NNP) is obtained by:

easy Q13 of 15
Economic Awareness - Sectors of Indian Economy
Net National Product (NNP) is obtained by:
AAdding depreciation to GNP
BSubtracting government expenditure from GDP
CAdding net income from abroad to GDP
DSubtracting depreciation from GNP
Step-by-Step Solution

  1. Step 1: Recall the formula for NNP

    NNP is calculated by subtracting depreciation (consumption of fixed capital) from GNP.

  2. Step 2: Evaluate options

    Only Subtracting depreciation from GNP correctly states that NNP = GNP minus depreciation.

  3. Final Answer:

    Subtracting depreciation from GNP → Option D

  4. Quick Check:

    Net National Product = GNP - depreciation ✅
Quick Trick: NNP = GNP - depreciation.
Common Mistakes:
  • Adding depreciation instead of subtracting it.
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