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Detailed Outline of Gross National Product
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This lesson is continuation of the lessob on Introduction to National Income Accounting. In this lesson we read about what is Gross National Product and what is the difference between GDP and GNP.

Samridhi Goyal
Engineer, MBA , Appeared in CSE interview

U
Unacademy user
DRAVIDIAN STYLE : The Dravida Architectural style is associated with the temples of southern India or Deccan. The earliest traces of Dravida architectural features go back to Gupta period and are not restricted to the far south i.e. in Gupta period these traces occur in northern and central India along with Deccan, like in the Parvati temple at Lad Khan, Kont Gudi and Meguti temples at Aihole. The outstanding and the common characteristics of the Dravida style is the pyramidal elevation of the tower (vimari), which consists of a multiplication of storey after storey slightly reduced than the one below, ending in a domical member, technically known as the stupi or stupica. The storey in the later period became more and more compressed so much so that they are almost hidden under a profusion of details which became characteristic of the subsequent evolution of the style. In plan the Dravida temple presents a square chamber as the sanctum cell within the square enclosure serving as the pradakshina (circumambulatory passage). The pillared halls and corridors, and the immense gopurams (gateways) are the additions of the later date to the Dravida temples. The two most important characteristics of Dravida temple architecture is : • Temples of this style has more than 4 sides in the sanctum and • Tower or Vimana of these temples are pyramidal. Pillars and pilasters are vastly used in this architectural style. In different temples ‘dedicated pavilions’ can be seen like Shiva templeshave dedicated mandapa of ‘nandi’ the bull or Vishnu temples have ‘garuda mandapa’. Boundary walls in south Indian temples were built in early medieval period where north Indian temples were not walled. In temples built in the Dravida style, the square inner sanctum is set within a large covered enclosure. The external walls are divided into niches by pilasters. The Kailasanatha temple is a major example of the Dravida Architecture. The Kailasanatha temple complex is situated at Kanchi as a joint venture of Rajasimha or Narasimhavarman II and his son Mahendra III. The main Vimana facing east is four storeyed, and is essentially a square structure up to the giva. This is placedabove the sikhara and is usually octagonal. The main sanctum has a large fluted, sixteen-faced, polished,basalt linga with an immense circular linga-pitha occupying almost the entire floor of the sanctum. There is a detached multi pillared oblong mandapa in front. This is longer on its north-south axis and with its containing pilasters Vyala based while in the west these are of the plainer type. The whole is surrounded by a prakara with a gap in the middle of its east side and enclosing an open court all rounds.
Arti vaghela
2 years ago
veryyyyyyyyyyyy goooooooooooooddd
  1. GROSS NATIONAL PRODUCT


  2. BOUT ME .Graduation in Computer Engineering from Panjab University, Chandigarh. . Post-graduation in Business Administration from Panjab University, Chandigarh . Cleared UPSC Preliminary Examination thrice .Appeared for UPSC interview. . Working at Career Launcher. .Follow me at http://unacademy.in/user/goyalsamridhi02


  3. What is GNP? It is termed as a measure of economic growth. GNP can be defined as: Total market value of all final goods and services * Produced within a financial year, - By factors of production owned by a country's citizens regardless of where the output is being produced


  4. EXPLANATION OF DEFINITION FINAL GOODS/SERVICES: Final goods/ services are produced for absolute final use Many goods produced in the economy in the economy are not classified as final goods instead as intermediate goods. Intermediate goods are produced by one firm for use, in further processing by another firm. Examples: Tyres/ Seat Covers/Engine/Glass sold to automobile industry.


  5. EXPLANTION OF DEFINITIONN FACTORS OF PRODUCTION The factors of production are inputs used in the process of production. >The key factors are: Land ,Labour, Capital >The factors of production determine the cost incurred to produce a final good/ service. Land is paid rent. Labour is paid salary / remuneration Capital is paid interest


  6. EXPLANTION OF DEFINITION OWNED BY COUNTRY'S CITIZENS: >The produce or income generated ahould be owned by the citizen of the country, irrespective of where the income is being 0eneraeaing in geographica boundanyp If a foreigner is earning in geographical boundary of India then his income will not be included in India's GNP


  7. GDP v/s GNP It is important to compare the definitions of GDP and GNP and understand the difference between the two GDP is all the final goods produced within _a domestic territory irrespective of the person producing GNP is the final goods produced by_citizens of a country irrespective of where they are produced in the world.


  8. NATIONAL v/s DOMESTIC National income and related aggregates are measures of production activity. There are two categories of national income aggregates: - Domestic and national, or - Domestic product and national product.


  9. NATIONAL v/s DOMESTIC Production activity of the production units located within the economic territory is domestic product irrespective of whether carried out by the residents or non-residents i.e irrespective of whether performed by citizen of India or not. Whereas National Product includes production activities of residents irrespective of whether performed within the economic territory or outside it.(example: workers working in Gulf countries)


  10. COMPUTATION OF NATIONAL PRODUCT National Products Domestic Product + Residents contribution to production outside the economic territory- Non- Residents contribution to production inside the economic territory.