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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:

1.12K viewsAnurag Pathak Changed status to publish December 7, 2023MCQs (National Income)

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Domestic factor income is another name for:

1.05K 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?

1.08K viewsAnurag Pathak Changed status to publish December 7, 2023MCQs (National Income)

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

1.18K viewsAnurag Pathak Changed status to publish December 7, 2023MCQs (National Income)

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

1.11K 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?

1.38K viewsAnurag Pathak Changed status to publish December 7, 2023MCQs (National Income)

0 Votes 1 Ans

Out of the following, which aggregate represents National Income?

1.16K viewsAnurag Pathak Changed status to publish December 7, 2023MCQs (National Income)

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

1.64K viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

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

1.60K viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

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

1.32K viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

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Statement 1: Normal residents include both, individuals and institutions

1.65K viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

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

1.55K 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

1.69K viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

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Assertion (A): Subsidy is a Transfer Payment

2.22K viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

0 Votes 1 Ans

Assertion (A): Intermediate goods have direct demand

1.38K viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

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Increase in stock of capital is known as:

1.27K viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

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Final goods are used by:

1.41K viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

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

1.27K viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

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GNP at Market Price is measured as:

1.17K viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

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Net Investment = _________.

1.14K viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

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National Income includes:

1.18K viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

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

1.17K viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

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Net Indirect Taxes = ______.

1.25K viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

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

1.44K viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

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

1.37K viewsAnurag Pathak Changed status to publish December 5, 2023MCQs (National Income)

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