Net National product at factor cost is also known as

(a)

National Income

(b)

Domestic Income

(c)

Per capita Income

(d)

Salary

Primary sector is ________

(a)

Industry

(b)

Trade

(c)

Agriculture

(d)

Construction.

National income is measured by using_______ methods.

(a)

Two

(b)

Three

(c)

Five

(d)

Four

Income method is measured by summing up of all forms of__________

(a)

Production

(b)

Taxes

(c)

expenditure

(d)

Income

Which is the largest figure?

(a)

Disposable income

(b)

Personal Income

(c)

NNP

(d)

GNP

Expenditure method is used to estimate national income in_______

(a)

Construction sector

(b)

Agricultural Sector

(c)

Service sector

(d)

Banking sector

Tertiary sector is also called as __________sector

(a)

Service

(b)

Income

(c)

Industrial

(d)

Consumption

National income is a measure of the__________ performance of an economy

(a)

Industrial

(b)

Agricultural

(c)

Economic

(d)

Consumption

Per capita income is obtained by dividing the National income by__________

(a)

Production

(b)

Population of a country

(c)

Expenditure

(d)

GNP

GNP = _________ + Net factor income from abroad

(a)

NNP

(b)

NDP

(c)

GDP

(d)

Personal income

NNP stands for___________

(a)

Net National Product

(b)

National Net product

(c)

National Net Provident

(d)

National Net Provident

__________ is deducted from gross value to get the net value

(a)

Income

(b)

Depreciation

(c)

Expenditure

(d)

Value of final goods

The financial year in India is__________

(a)

April 1 to March 31

(b)

March 1 to April 30

(c)

March 1 to March 16

(d)

January 1 to December 31

When net factor income from abroad is deducted from NNP, the net value is__________

(a)

Gross National Product

(b)

Disposable Income

(c)

Net Domestic Product

(d)

Personal Income

The value of NNP at production point is called _________.

(a)

NNP at factor cost

(b)

NNP at market cost

(c)

GNP at factor cost

(d)

Per capita income

The average income of the country is________

(a)

Personal Income

(b)

Per capita income

(c)

Inflation Rate

(d)

Disposal Income

The value of national income adjusted for inflation is called_________

(a)

Inflation Rate

(b)

Disposal Income

(c)

GNP

(d)

Real national income

Which is a flow concept ?

(a)

Number of shirts

(b)

Total wealth

(c)

Monthly income

(d)

Money supply

PQLI is the indicator of___________.

(a)

Economic growth

(b)

Economic welfare

(c)

Economic welfare

(d)

Economic development

The largest proportion of national income comes from___________

(a)

Private sector

(b)

Local sector

(c)

Public sector

(d)

None of the above