Question

What do you mean by National Income? Explain the Process of Calculations
National Income through Expenditure method.
राष्ट्रीय आय से आप क्या समझते है? व्यय विधि द्वारा राष्ट्रीय आय गणना की प्रक्रिया बताइये।​

Answer 1

Answer:

National income accounting is a bookkeeping system that a government uses to measure the level of the country's economic activity in a given time period. ... Some of the metrics calculated by using national income accounting include gross domestic product (GDP), gross national product (GNP) and gross national income (GNI).

A calculation is a deliberate process that transforms one or more inputs into one or more results, with variable change. ... To calculate means to determine mathematically in the case of a number or amount, or in the case of an abstract problem to deduce the answer using logic, reason or common sense.