National Income 11/12/2022 One Mark Solution Economics 0 10 Created by One Mark Solution National Income MCQs [Set1] 1 / 10 1) Which of these is not a component of operating surplus? a) Interest b) Wages c) Royalty d) Rent 2 / 10 2) Which of these is transfer income? a) Rent b) Gifts received from abroad c) Profit d) Wages 3 / 10 3) While estimating national income, depreciation is measured from: a) Capita Goods b) Intermediate goods c) Durable Consumer goods d) Final Goods 4 / 10 4) Domestic income is greater than National Income if a) NFIA is positive b) NFIA is negative c) None of these d) NFIA is zero 5 / 10 5) Depreciation means: a) Loss in fixed assets due to earthquake b) Loss in fixed assets due to normal wear and tear c) Shut-down of a factory due to strike d) Destruction of a factory due to fire 6 / 10 6) The net value at Market Price of final goods and services during an accounting year within the domestic territory of a country is known as a) GDPfc b) NDPmp c) NNPfc d) GDPmp 7 / 10 7) Which of the following is a flow concept? a) Change in stock b) All of the above c) Capital Formation d) GDP at MP 8 / 10 8) Which of the following is intermediate product? a) Wheat used by flour mill b) Wheat used by household c) Pulses purchased by consumers d) Machine purchased by a firm 9 / 10 9) GDPfc = GDPmp + …………………. a) NFIA b) Indirect Tax c) Depreciation d) NIT 10 / 10 10) If the money value of final goods and services produced by normal residents of a country in a year, measured at the prices of the current year then it is called as: a) GDP at Current price b) Real GDP c) National Product d) GDP at constant Price Name Your score is The average score is 26% LinkedIn Facebook Twitter 0% Restart quiz Send feedback Spread the love
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