WBCS.LIVE practice question

Consider the following statements: 1. India’s GDP is more than its GNP 2. Net Factor Income from abroad (NFIA) is positive for India Which of the statements given above is/are correct?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Correct answer and explanation

Correct answer: 1 only