National Income MCQs [Set 2] 11/12/2022 One Mark Solution Economics 0 19 Created on December 11, 2022 By One Mark Solution National Income MCQs [Set 2] 1 / 10 1) When the value of same output is counted more than once while measuring national income it results: a) More Measurement of National Income b) None of these c) Correct Measurement of National Income d) Less Measurement of National Income 2 / 10 2) Which of the stat ement is correct? a) GNPmp will be greater than GDPmp when NIT will be zero b) GNPmp will be greater than GDPmp when NFIA will be more than zero c) GNPmp will be greater than GDPmp when NFIA will be less than zero d) GNPmp will be greater than GDPmp when NFIA will be zero 3 / 10 3) Which of the following is not a component of gross domestic fixed capital formation? a) Gross Residential construction investment b) Inventory Investment c) Gross Government Investment d) Gross business fixed investment 4 / 10 4) Which of the following is leakages? a) Both Export and Import b) Investment c) Export d) Import 5 / 10 5) Which item from the following will be included in national income? a) Expenditure on the construction of building b) Expenditure on the maintenance of building c) Interest payment by employees on loan given from employer d) Employees contribution to the social security schemes 6 / 10 6) Which of these is not an example of leakage? a) Taxes b) Intermediate goods c) Savings d) Imports 7 / 10 7) Which of the following is not a component of NFIA a) None of these b) Net compensation of employees c) Net retained earnings from abroad d) Net income from property and enterpreneurship 8 / 10 8) Which of the following is also known as domestic factor income? a) NNPfc b) GDPfc c) NDPfc d) NNPmp 9 / 10 9) Which of these is not transfer payment? a) Subsidies b) Scholarship c) Indirect Tax d) None of these 10 / 10 10) Which of the following is included in national income? a) Sale of bonds by a company b) Interest payment on loan by households to banks c) None of these d) Expenditure on transportation by a firm Name Your score is The average score is 47% LinkedIn Facebook Twitter VKontakte 0% Restart quiz Send feedback Spread the love
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