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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:

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

0 Votes 1 Ans

Domestic factor income is another name for:

651 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?

646 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:

707 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

661 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?

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

0 Votes 1 Ans

Out of the following, which aggregate represents National Income?

724 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

1.03K 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

992 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

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

0 Votes 1 Ans

Statement 1: Normal residents include both, individuals and institutions

1.05K 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

1.02K viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

0 Votes 1 Ans

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

1.15K viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

0 Votes 1 Ans

Assertion (A): Subsidy is a Transfer Payment

1.44K viewsAnurag Pathak Changed status to publish December 6, 2023MCQs (National Income)

0 Votes 1 Ans

Assertion (A): Intermediate goods have direct demand

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

0 Votes 1 Ans

Increase in stock of capital is known as:

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

0 Votes 1 Ans

Final goods are used by:

832 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:

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

0 Votes 1 Ans

GNP at Market Price is measured as:

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

0 Votes 1 Ans

Net Investment = _________.

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

0 Votes 1 Ans

National Income includes:

752 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

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

0 Votes 1 Ans

Net Indirect Taxes = ______.

828 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).

946 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)

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

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