WBCS.LIVE practice question

In India GDP is higher than GNP because—

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

Answer options

  1. Import is higher than exports
  2. Capital inflow is higher than capital outflow
  3. Net factor income is negative
  4. Government expenditure is more than income

Correct answer and explanation

Correct answer: Net factor income is negative