APPSC Miscellaneous-2023 GNP = GDP + Net Factor Income from Abroad (NFIA). NFIA is the difference between the income earned by residents from economic activities abroad (like remittances, profits from foreign investments) and the income earned by non-residents from economic activities within the domestic territory.
The main difference between GDP and GNP is
Asked in APPSC Group II Prelims 2018 · Topic: National Income & Gross Domestic Product (Gross National Product (GNP))
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Answer: C. Net foreign income from abroad
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