GDP, GNP, NNP | Factor Cost & Market Price | Indian Economy | UPSC Prelims | Adil Baig

This is the fourth Session of Indian Economy Fundamental concepts series. In this video Mr.Adil Baig, Explains the Difference between
GDP, GNP, NNP; Concepts like Factor Cost, Market Price and GVA at Basic Prices.

Topics Discussed in Video:

00:28 - Introduction
02:23 - Agenda
03:31 - What is GDP (Recap)
06:13 - GNP - Gross National Product
13:31 - NNP - Net National Product
26:02 - Factor Cost & Market Price
40:00 - Basic Prices
46:37 - Production Tax & Production Subsidies
54:50 - Formulae for FC, MP, BP

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