CMAT Exam 2023 Shift 1 Solved Paper

Question : 73 of 100

Marks: +1, -0

Given below are two statements:
Statement I: Gross Domestic Product (GDP) is the final value of the goods and services produced with in the geographical boundaries of a country during a year.
Statement II: GDP equals the Net Domestic Product (NDP) plus depreciation (Value of loss of an asset) on country's capital goods.
In the light of the above statements, choose the most appropriate answer from the options given below

Both Statement I and Statement II are correct
Both Statement I and Statement II are incorrect
Statement I is correct but Statement II is incorrect
Statement I is incorrect but Statement II is correct

Validate

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