DSSSB · General Awareness

What is meant by the term “national income”?

  1. The total monetary value of intermediate goods used in production during a financial year
  2. The total value of goods and services produced within a country's geographic boundaries, including those produced abroad
  3. The total income of a country from international trade (exports minus imports) in a financial year
  4. The total monetary value of all final goods and services produced in a fiscal year by the ordinary residents of a country
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