n NISM Certifications
XV NISM Series XV
Medium

In which method is national income measured as the aggregate output of goods and services across sectors?

Practice question from NISM XV Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Income method

  2. Product method

    Correct answer

  3. C

    Expenditure method

  4. D

    Savings method

Why this is the answer

The Product Method totals the value of all final goods and services produced in various sectors, avoiding double-counting of intermediate goods, to measure national income accurately.

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