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Indian Economy Questions and Answers for Competitive Exams

Q.

What does National Income mean?

[A] The total value of all goods and services produced in the country during a period of one year
[B] The total value of all stocks and shares in the country during a period of one year
[C] The total value of all capital goods produced in the country during a period of one year
[D] The total value of all consumer goods produced in the country during a period of one year

Answer & Explanation

Answer: Option [A]

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