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Category MCQs (National Income)

MCQs (National Income) 154 Questions

0 Votes 1 Ans

Net Domestic product at factor cost is less than national income when:

531 viewsAnurag Pathak Changed status to publish December 7, 2023MCQs (National Income)

0 Votes 1 Ans

Domestic factor income is another name for:

512 viewsAnurag Pathak Changed status to publish December 7, 2023MCQs (National Income)

0 Votes 1 Ans

In which type of economy, domestic income is equal to national income?

494 viewsAnurag Pathak Changed status to publish December 7, 2023MCQs (National Income)

0 Votes 1 Ans

If economic subsidies are added to and indirect taxes are subtracted from the national income at market prices, then it will be equal to:

537 viewsAnurag Pathak Changed status to publish December 7, 2023MCQs (National Income)

0 Votes 1 Ans

Fill in the blank: NNP at FC _______ = GDP at MP

498 viewsAnurag Pathak Changed status to publish December 7, 2023MCQs (National Income)

0 Votes 1 Ans

If factor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement?

712 viewsAnurag Pathak Changed status to publish December 7, 2023MCQs (National Income)

0 Votes 1 Ans

Out of the following, which aggregate represents National Income?

559 viewsAnurag Pathak Changed status to publish December 7, 2023MCQs (National Income)

0 Votes 1 Ans

Statement 1: A person can be a citizen of one country and at the same time a resident of another country

744 viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

0 Votes 1 Ans

Statement 1: Net factor income from abroad is positive when income earned from abroad is less than income paid to abroad

764 viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

0 Votes 1 Ans

Statement 1: Intermediate goods are included in National income but not in Domestic Income

691 viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

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Statement 1: Normal residents include both, individuals and institutions

861 viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

0 Votes 1 Ans

Statement 1: For the purpose of national income accounting, domestic territory just means the political frontiers of a country

843 viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

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Assertion (A): Depreciation is also termed as Consumption of Fixed Capital

910 viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

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Assertion (A): Subsidy is a Transfer Payment

1.16K viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

0 Votes 1 Ans

Assertion (A): Intermediate goods have direct demand

717 viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

0 Votes 1 Ans

Increase in stock of capital is known as:

590 viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

0 Votes 1 Ans

Final goods are used by:

614 viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

0 Votes 1 Ans

The difference between National Income and Domestic income is that of:

645 viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

0 Votes 1 Ans

GNP at Market Price is measured as:

574 viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

0 Votes 1 Ans

Net Investment = _________.

578 viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

0 Votes 1 Ans

National Income includes:

590 viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

0 Votes 1 Ans

______ goods remain within the production boundary and are not ready for use by their final users

560 viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

0 Votes 1 Ans

Net Indirect Taxes = ______.

618 viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

0 Votes 1 Ans

A car purchased by a household is a ______ . (Choose the correct alternative).

726 viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

0 Votes 1 Ans

Which of the following is not a factor payment? (Choose the correct alternative)

767 viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

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