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Category MCQs (National Income)

MCQs (National Income) 154 Questions

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If GVA at MP is ₹ 7,000 Crores, Intermediate consumption is ₹ 3,000 crores and the ratio of Sales to Change in stock 4 : 1, then Sales will be:

2.11K viewsAnurag Pathak Changed status to publish December 22, 2023MCQs (National Income)Numericals (National Income)

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When Nominal Gross Domestic Product (GDP) is ₹ 840 Crores and price index is 120, then the Real Gross Domestic Product (GDP) will be ____

1.68K viewsAnurag Pathak Changed status to publish December 22, 2023MCQs (National Income)Numericals (National Income)

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If NDP at FC = ₹ 1,500 and Net Factor Income to Abroad = ₹ 500, then NNP at FC will be:

758 viewsAnurag Pathak Changed status to publish December 22, 2023MCQs (National Income)Numericals (National Income)

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From the following information, compute GNP at MP, GDP at FC = ₹ 3,000; Net factor income to abroad = ₹ 200. Indirect taxes = ₹ 420; Subsidies = ₹ 240

671 viewsAnurag Pathak Changed status to publish December 22, 2023MCQs (National Income)Numericals (National Income)

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If in an economy, the value of net Factor Income from Abroad is ₹ 200 crores and the value of Factor Income to Abroad is ₹ 40 crores, Identify the value of Factor Income from Abroad

804 viewsAnurag Pathak Changed status to publish December 22, 2023MCQs (National Income)Numericals (National Income)

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Assertion (A): In India, no one can refuse to accept payment made in currency notes

794 viewsAnurag Pathak Changed status to publish December 15, 2023MCQs (National Income)

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Assertion (A): Demand Deposits with Commercial Banks are not a part of Money Supply.

1.02K viewsAnurag Pathak Changed status to publish December 15, 2023MCQs (National Income)

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The term welfare refers to:

743 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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_____ (Exports/Imports) refers to expenditure incurred by foreigners on purchase of final goods and services produced within the country’s domestic territory and are _____ (included/not included) in National Income

730 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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_____ is the change in stock of finished goods, semi-finished goods and raw materials:

721 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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Which of the following is a component of Net Exports?

775 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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The sum of factor payments is equal to _______.

876 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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GNP Deflator is represented by which of the following formulae?

731 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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Which one is a component of Profit?

803 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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The impact of externalities can be:

843 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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Which of the following is included in inventory investment?

712 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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Gross Domestic Capital Formation is equal to:

738 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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If National Income = ₹ 4,500 Crores and Domestic Income = ₹ 4700 Crores, then which of the following option will be correct?

1.59K viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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Difference between value of output and value added is:

700 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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If opening stock is of ₹ 200 and closing stock is ₹ 100, then change in stock will be:

1.45K viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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National Income in India is estimated by:

684 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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According to a report forwarded by the Reserve Bank of India, there was a fall in rate of inflation

891 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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Which one of the following is an intermediate expenditure?

870 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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Which of the following transactions is not included in National Income?

746 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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Broker’s commission on sale and purchase of financial assets is included in National Income because:

587 viewsAnurag Pathak Changed status to publish December 14, 2023MCQs (National Income)

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