National Income MCQs [Set 2] 11/12/2022 One Mark Solution Economics 0 18 Created on December 11, 2022 By One Mark Solution National Income MCQs [Set 2] 1 / 10 1) Which of the following is also known as domestic factor income? a) NDPfc b) GDPfc c) NNPfc d) NNPmp 2 / 10 2) Which item from the following will be included in national income? a) Employees contribution to the social security schemes b) Expenditure on the construction of building c) Expenditure on the maintenance of building d) Interest payment by employees on loan given from employer 3 / 10 3) Which of these is not an example of leakage? a) Intermediate goods b) Taxes c) Savings d) Imports 4 / 10 4) Which of the following is leakages? a) Investment b) Import c) Export d) Both Export and Import 5 / 10 5) Which of these is not transfer payment? a) Indirect Tax b) None of these c) Subsidies d) Scholarship 6 / 10 6) Which of the stat ement is correct? a) GNPmp will be greater than GDPmp when NFIA will be more than zero b) GNPmp will be greater than GDPmp when NIT will be 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 7 / 10 7) When the value of same output is counted more than once while measuring national income it results: a) Correct Measurement of National Income b) None of these c) More Measurement of National Income d) Less Measurement of National Income 8 / 10 8) Which of the following is included in national income? a) None of these b) Interest payment on loan by households to banks c) Sale of bonds by a company d) Expenditure on transportation by a firm 9 / 10 9) Which of the following is not a component of NFIA a) Net retained earnings from abroad b) Net compensation of employees c) None of these d) Net income from property and enterpreneurship 10 / 10 10) Which of the following is not a component of gross domestic fixed capital formation? a) Gross Government Investment b) Gross Residential construction investment c) Inventory Investment d) Gross business fixed investment Name Your score is The average score is 46% LinkedIn Facebook Twitter VKontakte 0% Restart quiz Send feedback Spread the love
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