Question

Which of the following best represents the concept of Net Domestic Product (NOP)?

विकल्प

• GDP + Income from abroad

• GNP - Depreciation 

• GDP - Income from abroad 

• GDP - Depreciation

Answer 1

GDP - Depreciation

Explanation:

Net domestic product (NOP) is a yearly indicator of a country's economic production that takes the depreciation effect into account. Depreciation is subtracted from the gross domestic product to determine the NOP (GDP).