TS Police SI Mains 2016 Solved Paper 4

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Question : 105 of 200
 
Marks: +1, -0
Read the following statements:
a) While calculating GNP, income generated by nationals of a country residing outside the country is not taken into account.
b) The value of national income adjusted for inflation is called ‘real national income.
c) The income of the individuals at their disposal after paying direct taxes like income tax is called ‘real income’.
Which of the above statements are incorrect?
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