National Income

Question 1
National Income Is the

Money Value of Final Goods Services Final Goods and Services Intermediary Goods

Question 2
Measurement of National Income in

India done by: Both Income and Output methods Both Input and Expenditure Methods Both Output and Expenditure. None of the above.

Question 3
GDP at Factor cost can be measured as
GDP

at Market price - Income Tax + Subsidies GDP at Constant price Income tax + Subsidies GDP at current price Income tax + Subsidies None of the above

Question 4
GNP can be defined as

Depreciation GDP + NFIA GDP Subsidies NNP + NFIA

GDP

Question 5
Estimate of NI in India are

prepared by: RBI Planning Commission Central Statistical Organization NI Committee

Question 6
Expenditure method is also

called as Outlay method Income method Value added method None of the above

Question 7
Expenditure on Final goods

and services is classified into

Consumption

expenditure Investment expenditure Consumption and Investment expenditure None of the above

Question 8
Per capita income can be calculated by

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Question 9
NDP can be calculated as

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Question 10
Which are the 2 sector involved in the 2

sector model

__________________________________ _____