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Per capita GNP is the total value of all the goods and services produced by a country in a year including income from foreign investments, divided by the number of people living there. For countries which have a lot of foreign investments, GNP per capita is a more accurate economic indicator. GNP = GDP + Net income inflow from abroad – Net income outflow to foreign countries. Therefore, if gains of increase in per capita income are grabbed by a small section of society (i.e. poverty and unemployment has increased and the increase in GNP is with a smaller section of population), then economic growth will not lead to economic development.
Select the option that can be used as a one-word substitute for the given group of words.
A building where monks live as a community
Direction: In the sentence, four highlighted words are given. One of these words may be misspelt or inappropriate in the context of the sentence. Find ...
In each of the following questions, three out of four words given have the same meaning. Mark the number as your answer which is different in meaning fr...
Select the option that can be used as a one-word substitute for the given group of words.
A person who knows everything
Select the most appropriate option that can substitute the bold segment in the given sentence. If there is no need to substitute it, select ‘No substi...
Select the option that can be used as a one-word substitute for the given group of words.
A person who believes that war and violence are unjustifiable
She leans back onto the couch, giggling as I swing a makeshift pendulum before her eyes and lower my voice .
...Among the given alternatives you have to find the word which can be the best substitute for the given sentence.
Ideas or statements that are ...
Affinity
Select the most appropriate meaning of the highlighted phrase.
The loss of all stakes came like a bolt from the blue.