HomeTestsSearchRankProfile
mediumMCQWBCS Prelims2026General Studies
2 attempts50% success rate1 mark

Which of the following is NOT required while considering GNP (Gross National Product)?

  1. A
    Purchase of goods by Government
  2. B
    Private investment
  3. C
    Per capita income of citizens
  4. D
    Net foreign investment

Solution & Step-by-step Explanation

Gross National Product (GNP) is calculated using components of aggregate demand:


Where:

* = Private Consumption
* = Private Investment
* = Government Purchases
* = Net exports and net foreign factors/investments.

Per capita income is a derived average metric () and is not a foundational expenditure component required to tally or measure GNP.

Practice this question

Try it yourself before checking the explanation above.

Which of the following is NOT required while considering GNP (Gross National Product)?
A
Purchase of goods by Government
B
Private investment
C
Per capita income of citizens
D
Net foreign investment

Share This Question

Related Questions

Ready for a Full Test?

Practice with timed mock tests and track your performance across General Studies.

Discussion