Match the items is List I with those in List II.
Measure of National Income                    Formula
i. GNP                                                     a. GNP - Depreciation
ii. NNP                                                     b. C + I + G + Net exports
iii. GDP                                                   c. GDP - Depreciation
iv. NDP                                                    d. GDP + Net factor income from abroad

Correct option is C

The Correct answer is (c) i-d, ii-a, iii-b, iv-c
1. GNP (Gross National Product) - This includes all goods and services produced by a nation's economy plus the net income it receives from overseas investments. The corresponding item from List II is the definition that includes GDP along with net factor income from abroad.
2. NNP (Net National Product) - This is the GNP adjusted for the loss of value of machinery and buildings used in producing output (depreciation). So, it involves subtracting depreciation from GNP.
3. GDP (Gross Domestic Product) - It represents the total dollar value of all goods and services produced over a specific time period within the country's borders. It involves all components of economic output including consumption, investment, government spending, and net exports.
4. NDP (Net Domestic Product) - This is the GDP adjusted for depreciation, providing a clearer picture of actual economic improvement by subtracting the value lost due to depreciation.
Matching these definitions to the choices provided in List II:
 GNP corresponds to the item mentioning GDP plus net factor income from abroad.
 NNP corresponds to GNP minus depreciation.
 GDP corresponds to the formula that includes consumption, investment, government spending, and net exports.
 NDP corresponds to GDP minus depreciation.
The correct matches from your options would be: (c) i-d, ii-a, iii-b, iv-c