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Gross National Product (GNP) (for UPSC CSE)
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This lesson explains the concept of Gross National Product (GNP).

Israel Jebasingh
Director of Officers IAS Academy. IAS Officer of 2004 Batch with AIR 59.

U
Unacademy user
No explanation could be made easier than this .. really well sorted and very well explained ????
Rr
Sir, as taught that "interest on loan given by indian - interest on loan taken by indian" I am confuse here because we borrow loan more than what we give loan to others. So in this manner as you have written that "interest on loan given by indian "means we give interest that means we take loan that's why we are giving interest...so what I am thinking that it should be like this.."interest on loan taken by indian - interest on loan given by indian"..so please make me correct sir...I am really very confuse on this
Sahil Kumar
2 years ago
interest on loan given by india.......india earning interest from given loan to other countries ie.afganistan
Rr
Rishu raj
2 years ago
Thank you sir
Hi Shubham, territory in GDP means, the geographical boundary of a country.So, all goods and services produced within boundary will be accounted in GDP.
you are fabulous sir...please make more series of videos on economics.
What if people outside India doesn't want to transfer and keep with them.. as per definition that won't be included in GNP
Ali Muhammad
3 years ago
That's probably a loophole in the calculation.. I am just Guessing..
Aravindkumar M
3 years ago
yes,that won't be included in GNP.Because,it is not beneficial to the country.
  1. Gross National Product(GNP)



  2. AFP/Getty Images




  3. GNP Gross National Product(GNP)is the value of all final goods and services produced by the nationals of a country during one year GNP measures the value of goods and services that the country's citizens produced regardless of their location GNP measures the izens produced regardless o 13


  4. GNP= GDP+ NET I NCOME FROM ABROAD



  5. NET INCOME FROM ABROAD


  6. O EXPORTS-IMPORTS


  7. MINUS WORK ING IN INDIA