National income is an uncertain term which is used interchangeably with national output, national expenditure and national devidend. On the basis of national income accounting records the leel of activity in account such as total revenue earned by domestic corporation, income tax by corporation, wages paid to foreign works....etc 1. What is national income? National income is defined as total net earnings from the production of goods and services in country over a period of time, usually one year consisting essentially of wages, salaries,rent, profits and intrest. * National income formula* For the calculation of national income specific formula use is... National income= C+I+G+(X-M) National income is considered as NNP at factors coast. Where, C= Total consumption expenditure I=Total investment expenditure G= Total government expenditure X= Export M= Import 2. How can national income measure? National income can be measured or estimated by..... ...
Currently UNSC is in the news because of India elected as UNSC non permanent member for two years which is important for India as well other countries who want to see the india as permanent member of UNSC because india always stand for the peace and many other matters so let's know about UNSC. What is UNSC? UNSC full form is " United Nations security council" UN is an international organisations founded in 1945.it is currently made up of 193 members state. The year of 2020 mark the 75th anniversary of the