NDP stands for Net Domestic Product, whereas, NNP stands for Net National Product. NDP is an annual measure of the economic output of a nation that is adjusted to account for depreciation. NNP, on the other hand, is the market value of all the finished goods and services that are produced in a year, by citizens of a nation, living domestically and internationally.
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Related Links | |
BYJU’S Free IAS Prep | World Economic Outlook Report |
Economic Survey | GDP Figures and Economic Outlook: RSTV- Big Picture |
India’s fiscal policy | Economic recovery post-pandemic |
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