National Income 11/12/2022 One Mark Solution Economics 0 19 Created by One Mark Solution National Income MCQs [Set1] 1 / 10 1) Which of these is not a component of operating surplus? a) Royalty b) Wages c) Interest d) Rent 2 / 10 2) Domestic income is greater than National Income if a) NFIA is positive b) None of these c) NFIA is zero d) NFIA is negative 3 / 10 3) Depreciation means: a) Shut-down of a factory due to strike b) Destruction of a factory due to fire c) Loss in fixed assets due to earthquake d) Loss in fixed assets due to normal wear and tear 4 / 10 4) While estimating national income, depreciation is measured from: a) Intermediate goods b) Final Goods c) Capita Goods d) Durable Consumer goods 5 / 10 5) 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 6 / 10 6) 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) National Product c) Real GDP d) GDP at constant Price 7 / 10 7) Which of these is transfer income? a) Rent b) Gifts received from abroad c) Profit d) Wages 8 / 10 8) Which of the following is a flow concept? a) All of the above b) Capital Formation c) GDP at MP d) Change in stock 9 / 10 9) GDPfc = GDPmp + …………………. a) Depreciation b) Indirect Tax c) NFIA d) NIT 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 flour mill d) Wheat used by household Name Your score is The average score is 43% LinkedIn Facebook Twitter 0% Restart quiz Send feedback Spread the love
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