Question

क्या है?
Q.11) What is National Income? How is it calculated?​

Answer 1

Answer:

National income is defined as the total value of all the goods and services produced within a country plus net income coming from abroad.

Answer 2

Answer:

National income is measured by the output method by calculating the total value of goods and services produced in the country during the year. The money value of goods and services produced in an economy in an accounting year is called Gross National Product (GNP).