Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Journalise the following transactions in the books of Gupta Bros., Lucknow (UP): Started business with cash ₹ 30,000; goods of ₹ 15,000 and furniture of ₹ 20,000 8.13K viewsAnurag Pathak Changed status to publish December 11, 2023GSTTS Grewal Class 11 0 Votes 1 Ans Subsidies to the producers should be treated as transfer payments. Defend or refute the given statement with valid reason. 2.54K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Payment of fees to a lawyer engaged by a firm included/excluded in National Income. 1.97K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Increase in Real GDP always indicates that welfare of people is rising 2.12K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans National Income is sum of all the transfer income generated in an economy. 1.94K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Expenditure on electricity by factory is an intermediate cost for the factory 2.23K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans A farmer keeps a part of crops grown on his farms for consumption by his family. Expenditure on such crops will be included in National Income. 1.98K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Double Counting can be avoided by summing up total output of all firms 2.06K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Gross domestic capital formation is always greater than gross fixed capital formation 1.93K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Goods produced for self-consumption will be included in the National Income. 2.30K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Free Services provided by the government will not be included in national income 1.70K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Purchase of Air Conditioner by a household is a part of gross domestic capital formation 1.95K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans NDP at factor cost is equal to NDP at markets in a two-sector economy 1.88K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Real gross domestic products can be equal to nominal gross domestic product 2.67K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Value addition can also take place even when the commodity does not go through any transformation. 2.02K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Production of services for self-consumption are not included in national income. 2.31K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Bharat is living in his own house. So, rent of his house should not be included in national income 2.87K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Gross domestic capital formation is always greater than gross fixed capital formation 1.92K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans An amount of ₹ 2,500 contributed by Harish (employee of M/s Nanda Enterprises) towards his own provident fund is a part of compensation of employees 1.82K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Free samples distributed by a business enterprise for advertisement will not be included in national income 1.77K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Free services provided by the government will not be included in national income. 2.04K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Increase in stock of goods held by a consumer will contribute to capital formation 2.20K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Teaching by a teacher to his son will be included in national income 2.12K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Goods produced for self-consumption will be included in national income 2.31K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Purchase of car by a household is a part of gross domestic capital formation 1.79K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates « Previous 1 2 … 102 103 104 105 106 … 186 187 Next » Question and answer is powered by anspress.net