National Income 11/12/2022 One Mark Solution Economics 0 20 Created by One Mark Solution National Income MCQs [Set1] 1 / 10 1) Which of these is transfer income? a) Gifts received from abroad b) Profit c) Rent d) Wages 2 / 10 2) Which of these is not a component of operating surplus? a) Royalty b) Wages c) Rent d) Interest 3 / 10 3) Domestic income is greater than National Income if a) NFIA is positive b) NFIA is negative c) None of these d) NFIA is zero 4 / 10 4) While estimating national income, depreciation is measured from: a) Final Goods b) Intermediate goods c) Capita Goods d) Durable Consumer goods 5 / 10 5) Depreciation means: a) Loss in fixed assets due to normal wear and tear b) Shut-down of a factory due to strike c) Loss in fixed assets due to earthquake 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) NDPmp b) NNPfc c) GDPfc d) GDPmp 7 / 10 7) 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) National Product b) Real GDP c) GDP at constant Price d) GDP at Current price 8 / 10 8) GDPfc = GDPmp + …………………. a) Depreciation b) NIT c) NFIA d) Indirect Tax 9 / 10 9) Which of the following is a flow concept? a) Change in stock b) GDP at MP c) All of the above d) Capital Formation 10 / 10 10) Which of the following is intermediate product? a) Pulses purchased by consumers b) Machine purchased by a firm c) Wheat used by household d) Wheat used by flour mill Name Your score is The average score is 41% LinkedIn Facebook Twitter 0% Restart quiz Send feedback Spread the love
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