Discussion
If GDP is ₹34,000 crore and net income from abroad is ₹(-)4200 crore, then GNP is equal to:
Answer: C
GNP equals GDP plus net factor income from abroad.
\[ GNP = 34000 + (-4200) = 29800\ \text{crore} \]
The other forms subtract, multiply or divide the net factor income, which is not the definition. The answer is 34000 + (-4200), option C.
A negative net factor income means residents earned less abroad than foreigners earned in the country, so GNP is below GDP, which fits 29,800 crore against 34,000 crore.
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