Gross and Net understand the difference | Gross national product and net national product | solution

Gross and Net understand the difference | Gross national product and net national product | solution

What is National Income ?| Gross Domestic Products | Net National Products | Gross National Products
The concept of gross and net helps to understand the concept of GDP & NDP and other related concepts like Gross income and Net income, Gross Pay and Net Pay, Gross National Product and Net National Product, Gross Domestic Product and Net Domestic Product as well as important for topics like Gross Profit and Net Profit, Gross Weight and Net Weight, Gross Salary and Net Salary
This video describes the tools of measurement of growth of an economy. Concepts of Gross Domestic Product (GDP), Net Domestic Product (NDP), Gross National Product (GNP), National Income (NI) and Per Capita Income (PCI) is explained with examples.
Useful for RBI Grade B, NABARD, UPSC, Banking, Insurance, IBPS, MBA and other competitive exams

There are many terms which we come across while we do our study. Many times we find it difficult to understand the exact meaning of these terms. In exam, questions will not come directly on these terms. But their better understanding will improve the quality of your answers. In this video series named "Concepts", we are focusing on such terms which will help you in further studies.


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