Important Concepts of National Income | UPSC Prelims Economy | GDP, GNP, GVA Explained
Автор: SMART SPRINT-UPSC
Загружено: 2026-01-04
Просмотров: 28
Описание:
In this video, we explain Important Concepts of National Income for UPSC Prelims in a clear, conceptual, and exam-oriented manner.
This lecture covers all high-frequency National Income terms asked repeatedly in UPSC, with simple language, logical flow, and conceptual clarity.
🔍 Topics covered in this video:
• National Income – basic idea
• GDP vs GNP
• NDP vs NNP
• Factor Cost vs Market Price
• Nominal vs Real GDP
• GVA vs GDP
• Personal Income & Personal Disposable Income
• Green GDP (conceptual clarity)
• Common UPSC traps & conceptual mistakes
🎯 Why this video is important for UPSC Prelims?
✔ National Income is one of the most asked areas in Economy Prelims
✔ Questions are concept-based, not formula-based
✔ Helps in eliminating options using logic
✔ Useful for UPSC, State PCS, and other competitive exams
📚 This lecture is part of a complete Economics foundation series for UPSC Prelims, designed especially for aspirants who want strong basics with zero confusion.
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#IndianEconomy
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#MacroEconomics
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