MPSC PYQ

GNP

GNP is a Economy concept from the MPSC syllabus, tested in 2 past MPSC questions (2020). Below are those real questions with their correct answers and explanations, plus the concepts worth being comfortable with first.

Real questions
2
Years tested
1 · 2020–2020
In context
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What you need to know first

Difference between GDP and GNPBasic statistics in economics

Real questions that test this

खालीलपैकी कोणते विधान/विधने अयोग्य आहे/आहेत ? / Which of the following statement/s is/are incorrect ?

(a)विशिष्ट कालावधीत देशाच्या नागरिकांनी उत्पादित केलेल्या वस्तू व सेवांचे एकूण पैशातील मूल्य म्हणजे स्थूल राष्ट्रीय उत्पादन (GNP) होय. / GNP is the total money value of goods and services produced by the nationals during the given year.

(b)उत्पन्नाचा असा भाग जो देशात उत्पादित होतो, परंतु परदेशी नागरिकांना प्राप्त होतो. त्याचा समावेश स्थूल राष्ट्रीय उत्पादनात (GNP) केला जातो. / The part of income produced in the country but earned by foreigners is included in GNP.

(c)प्रति माणसोी उत्पन्न हे देशातील लोकांचे सीमांत उत्पन्न दर्शविते. / Per capita income shows the marginal income of the people in the country.

1)(a) आणि (b) / (a) and (b)
2)(a) आणि (c) / (a) and (c)
3)(b) आणि (c) / (b) and (c)✓ Correct
4)वरील तीनही विधाने बरोबर आहेत / All the three above are correct

Statement (a) is correct (GNP definition). Statement (b) is incorrect because income produced by foreigners within the country is part of GDP, but excluded from GNP (GNP considers nationals' income). Statement (c) is incorrect because per capita income shows average income, not marginal income.

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