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Net National Product (NNP) is calculated by subtracting depreciation expenses from the Gross National Product (GNP). Depreciation represents the cost incurred in repairing or replacing machinery and equipment used in the production process. The formula NNP = GNP - Depreciation reflects that NNP accounts for the wear and tear of capital goods, providing a more accurate measure of a country's economic output by excluding the portion needed to maintain existing capital stock.
Who was awarded the Man Booker International Prize 2017?
The hosting country for “Climate and Development Summit” to be held in March 2021 is?
_______ and Google announced a strategic collaboration to fuel the Bank’s customer experience strategy and expand its value proposition to serve i...
Which location has been selected for the establishment of the National Maritime Museum Complex?
The degree to which an asset or security can be quickly bought or sold in the market without affecting the asset’s price is known as ________.
Where was the 17th International Earth Sciences Olympiad held, where Indian students excelled?
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Which instrument is prominently played by the musician Sivamani?
Where was the revolutionary organization 'India House' founded by Shyamji Krishna Varma?
Where is Shivneri Fort located?
