National Income is a measure of

(a)

Total value of money

(b)

Total value of producer goods

(c)

Total value of consumption goods

(d)

Total value of goods and services

______ approach is the value added by each intermediate good is summed to estimate the value of the final good.

(a)

Expenditure approach

(b)

Value added approach

(c)

Income approach

(d)

National Income

Gross value added at current prices for services sector is estimated at ______ lakh crore in 2018-19.

(a)

91.06

(b)

92.26

(c)

80.07

(d)

98.29

India’s life expectancy at birth is ______ years.

(a)

65

(b)

60

(c)

70

(d)

55

Indian economy is

(a)

Developing Economy

(b)

Emerging Economy

(c)

Dual Economy

(d)

All the above

__________Sector is largest sector.

(a)

Agriculture

(b)

Service

(c)

Industry

(d)

None.

__________is a good measures of value to know the economic status of a nation

(a)

GNP

(b)

GDP

(c)

NDP

(d)

PI

DPI=__________

(a)

GNP - Depreciation

(b)

GDP - Depreciation

(c)

PI - Direct taxes

(d)

National Income / Population

India is the_________ largest by Purchasing Power Parity (PPP)

(a)

Fifth

(b)

Sixth

(c)

Third

(d)

Second

Industrial sector is_______ sector.

(a)

Primary sector

(b)

Secondary sector

(c)

Tertiary sector

(d)

None