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Q.

As of 2020, the Gross National Income of India is:


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a

7.76  lakh crores PPP dollars

b

8.82 lakh crores PPP dollars

c

333.57 lakh crores PPP dollars

d

None of these 

answer is B.

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Detailed Solution

8.82 lakh crores PPP dollars is Gross National Income of India.
The gross national income of a country is explained as the total domestic and foreign output claimed by residents of a nation, comprising gross domestic product (GDP) along with factor income earned by foreign residents, after deducting income earned in the domestic economy by the non-residents residing in a country. The older name for Gross National Income, or GNI, is Gross National Product, or GNP. The value of the GNP of all the other neighboring countries of India is less than India's except that of Sri Lanka. Sri Lanka has performed better in this sense when compared to India.
 
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As of 2020, the Gross National Income of India is: