Which of the following items is not included while estimating GNP of a country at market price?

Sales of the enterprises

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Indirect taxes

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Remittances by NRIs

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Subsidy

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Solution

The correct option is C
Remittances by NRIs

Remittances from NRIs are excluded as they are transfer payments.

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Market price includes the impact of indirect taxes, but not of subsidies.

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Which of the following items is not included while estimating GNP of a country at market price?

The correct option is C Remittances by NRIs Remittances from NRIs are excluded as they are transfer payments.

The correct option is C
Remittances by NRIs

Remittances from NRIs are excluded as they are transfer payments.