Which of the following is deducted from NNP to arrive at N1?
(A) Indirect Tax
(B) Capital consumption allowance
(C) Subsidy
(D) Interest
Correct Answer : Indirect Tax
Question Asked : SSC (10+2) Level Data Entry Operator & LCD Exam 2011
Explanation : Net national income (NNI) is an economics term used in national income accounting. It can be defined as the net national product (NNP) minus indirect taxes. Net national income encompasses the income of households, businesses, and the government.
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