SSC MCQ Question Ans. National Income and Its Measurement

SSC MCQ Question Ans. National Income and Its Measurement. The economic situation of a country can be understood from the national income of that country. That is, it is possible to assume whether the country is developed or developing or underdeveloped.  To know how much the national income of a country is, national income has to be measured. In this chapter, the system and technique of measuring the national income of Bangladesh will be discussed.

SSC MCQ Question Ans. National Income and Its Measurement

At a specific time, usually within one fiscal year, the sum total of the market price of the total amount of the final goods and services produced by the citizens of a country is known as the gross national income or GNI.

The gross national income can be acquired by adding the gross domestic product and the net factor income. Net factor income means the subtraction result of the income of the citizens of a country from foreign investments and labor, and the income of the foreign citizens from their investment and labor in the country being considered.

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