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