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SSC CHSL 2022 PYQ — Question 30

SSC CHSL - 2 June 2022 - Shift 2 • General Awareness • Q30

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Which method of calculating the national income is also known as ‘Industrial Origin Method’?

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Correct answer: C

Explanation

The correct answer is Option 3. i.e. Value Added Method.

  • ‘Industrial Origin Method’ also known Value Added Method or Product Method is used to calculate the national income.
  • National income is calculated as the sum total of net value added at factor cost across all producing units of the economy.