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) 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) Expenditure on transportation by a firm d) None of these 2 / 10 2) Which of the following is leakages? a) Both Export and Import b) Investment c) Import d) Export 3 / 10 3) Which of the following is not a component of NFIA a) Net compensation of employees b) Net income from property and enterpreneurship c) Net retained earnings from abroad d) None of these 4 / 10 4) Which of these is not an example of leakage? a) Intermediate goods b) Taxes c) Savings d) Imports 5 / 10 5) Which of these is not transfer payment? a) Scholarship b) Subsidies c) None of these d) Indirect Tax 6 / 10 6) Which item from the following will be included in national income? a) Interest payment by employees on loan given from employer b) Employees contribution to the social security schemes c) Expenditure on the construction of building d) Expenditure on the maintenance of building 7 / 10 7) 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 zero d) GNPmp will be greater than GDPmp when NFIA will be less than zero 8 / 10 8) Which of the following is also known as domestic factor income? a) NNPmp b) NNPfc c) NDPfc d) GDPfc 9 / 10 9) Which of the following is not a component of gross domestic fixed capital formation? a) Gross business fixed investment b) Gross Government Investment c) Gross Residential construction investment d) Inventory Investment 10 / 10 10) When the value of same output is counted more than once while measuring national income it results: a) More Measurement of National Income b) Correct Measurement of National Income c) None of these d) Less Measurement of National Income 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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