Yes. And that's exactly what NFIA means. NFIA= Income earned by Indians working abroad- Income earned by foreigners in India. So in India, NFIA is negative. GNP= GDP+ NFIA Now if NFIA is negative which implies mathematically and logically that the GDP is higher than the GNP.
I read Vivek Singh sir book around 3-4 times. But still there are many gaps in my learning which i am able to fill by watching your videos, Thank You !
india's GNP is less than GDP because most of the indians who live in foreign countries are generally labours or doing jobs so income india received from them is much lesser than those foreigners who is doing business in india like apple and many other big companies and institutions
Thanq so much sir❤mughe economics se bahot dr lgta tha but ap ke lecture lene ke bad bilkul dr nhi lgta ap bahot acche se samghate hi sir thanq so much sir ❤❤❤
Real GDP का कैलकुलेशन गलत था सर . Actually आपने बेस ईयर के प्राइस (₹100) के साथ करंट ईयर के प्राइस (₹200)को गुणा किया है (जबकि current year का unit गुणा करना था ) इसलिए 20k आया है अन्यथा रियल जीडीपी , नॉमिनल से कम आती (50unit*100₹=₹5000). नॉमिनल GDP अधिक ही होगा रियल से क्यू की inflation भी include किया जाता है ना।. So ye chhoti si glti ho gai apse (आना था ₹5k आया 20k)
hi sir,,may i know is there anyother topics that need to be covered apart from this series for statepsc exam,,if anytopics were leftover wrt economic series do let me know sir! thank you.
Sir after searching so many resources.. They say india uses combination of income method, expenditure method and gva.. Can you please tell which is right sir? As u mentioned india uses gva at basic price
Hello Champ, Don't panic. Meri Economy Series finish kijye. Revision kijye jaise bataya hai Score automatically increase ho jayega. Isi comment me aa kar you'll tell me ki score drastically increase ho gaya . I promise.
Yes.
And that's exactly what NFIA means.
NFIA= Income earned by Indians working abroad- Income earned by foreigners in India.
So in India, NFIA is negative.
GNP= GDP+ NFIA
Now if NFIA is negative which implies mathematically and logically that the GDP is higher than the GNP.
Got it sir, thank you!:)
confuse ho gaye the yaar
Can you pls explain it in the terms of a developed and developing nation ?
I read Vivek Singh sir book around 3-4 times. But still there are many gaps in my learning which i am able to fill by watching your videos, Thank You !
Us bro us 🥹
Bhai Vivek Singh se badia khi nhi padhaya
india's GNP is less than GDP because most of the indians who live in foreign countries are generally labours or doing jobs so income india received from them is much lesser than those foreigners who is doing business in india like apple and many other big companies and institutions
Simplest way of explaining any concept I've ever seen ❤
Sir you are super hero..your super power:- easily simply complicated concepts
Sir aj itne dino me pehli baar ye nominal aur real gdp wali baat ache se samjh ai
I Covered Ramesh Singh twice but as per prelims scenario not getting confidence so I came across to your videos
Thanq so much sir❤mughe economics se bahot dr lgta tha but ap ke lecture lene ke bad bilkul dr nhi lgta ap bahot acche se samghate hi sir thanq so much sir ❤❤❤
Thanks sir 🎉
Good job sir conceptual clear ,hindi ka use karne ke liye
Thaankuuu so much sir for such a quick revision 😊🎉
Thank you so much sir its worthy !! Top -notch session I've ever seen in You tube, you are great❤🔥
Sergeon doctor of every concept❤
Believe me i have never understood GDP so well !!!✅
Goldmine series ❤❤
Thank you ❤
So much precisely explained in less time...
Good job sir, hindi main bhi accha samjhaya conceptual
Thank you Dr Shahab🤩🤩
Gdp is estimated both annually and quarterly
Amazing bhaiya❤🎉
Thank you ❤
Thank you so much for ur lectures it helped me lot to clear my state pcs prelims.
Thank you so much sir 🎉😍😇
Thanku so much Sir...easily understood the topics
THANK YOU SIR!!!
Awesome series sir
Sir some source say gdp is calculated by cso by expenditure method
Can u plz clear this doubt sir?
Real GDP का कैलकुलेशन गलत था सर . Actually आपने बेस ईयर के प्राइस (₹100) के साथ करंट ईयर के प्राइस (₹200)को गुणा किया है (जबकि current year का unit गुणा करना था ) इसलिए 20k आया है अन्यथा रियल जीडीपी , नॉमिनल से कम आती (50unit*100₹=₹5000). नॉमिनल GDP अधिक ही होगा रियल से क्यू की inflation भी include किया जाता है ना।.
So ye chhoti si glti ho gai apse (आना था ₹5k आया 20k)
Yess u r ryt
Good
Yes
Thnkuhhh sir g.
Completed ✅
Sir i think 13:45 Expenditure method is used by nso
Both value Added and expenditure method is used by nso
Yesss Right !!!!
Expenditure Method
No , gva is used by nso for official presentation of gdp and growth figures.
@@loserang2877 bhai source kya hai?...kisi jagah kuch aur...kisi jagah kuch aur..
Ap dhanya ho Prabhu
Thankyou Bhaiya for all the efforts. Jai Shree Ram 🙏
Thanks sir
Makhan Malai🔥
Best
Very easy way you explaining sir ji , thank you very much
hi sir,,may i know is there anyother topics that need to be covered apart from this series for statepsc exam,,if anytopics were leftover wrt economic series do let me know sir!
thank you.
Sir please use English also or please give subtitles in English
Sir is subsidy included or excluded in gdp?
Sir, please provide pdfs
Only first lecture pdf is provided
Sir after searching so many resources.. They say india uses combination of income method, expenditure method and gva..
Can you please tell which is right sir?
As u mentioned india uses gva at basic price
Sir please do more in English language. It's a humble request
For comparing our GDP, we use nominal GDP@ market price
For measuring economic growth, do we use real GDP@MP or Real GDP @ factor cost?
Gdp @constant price i.e real gdp increase
Sir remitance are considering part of GNP ?
Plzz reply
Yes.
It is
@@Dr_UPSC ok sir thank you
@@Dr_UPSCNo they are not included as they don't lead to any kind of production just transfer payments. Kindly correct!!
@@MansiYadav-bk4po No, it is not part of GNP. Transfer payments (one sided payments or unearned income) are not part of GDP or GNP
Maggie wala equation , awsm
✅
sir growth rate negative ho fir bhi gdp grow kr skti hai na
Yes I have the same doubt please clarify someone if u know
No negative growth rate mein gdp grow nahi ho sakti
Please provide pdfs
Real GDP is year on year GDP? Why did u say next year previous year whole calculating growth rate if growth rate is calculated on Real GDP(2011)
not 100 days sir pls correct it in title
Sir.plz help me mene apna economy ka test lagyi mera score 40 aaya h mujhe samjh nhi a raha h kaise cover karu ab
Hello Champ,
Don't panic.
Meri Economy Series finish kijye.
Revision kijye jaise bataya hai
Score automatically increase ho jayega.
Isi comment me aa kar you'll tell me ki score drastically increase ho gaya .
I promise.
Sir can complete 10dose
Sir pdf
GDP is always greater than GNP....
sacchi boli accha ni hai apki video 😊
Thank you so much sir 😊
Good job sir, hindi main bhi accha samjhaya conceptual
Thank u sir