By DeeCee – Divine Classes

Test of Economics
Class – 12th
Time : 45 Mins. Marks : 20
Q 1. Classify the following as Stock and Flow: (3)
(a) National income of a country
(b) Raw material in a godown as on 31st Jan, 2019.
(c) Losses
(d) Balance in a bank account
(e) Number of persons employed during February
(f) GDP
Q 2. Explain the difference between Real flow and Money flow. (3)
Q 3.
Particulars Rs (Crores)
(i) NDPfc 2,000
(ii) Net Factor Income From 150
Abroad (NFIA)
(iii) Net Indirect Taxes (NIT) 250
(iv) GNPmp 3,000

Find out the value of depreciation. (4)

Q 4.
Particulars Rs (Crores)
(i) GDPfc 4,000
(ii) Depreciation 100
(iii) Net Indirect Taxes (NIT) 300
(iv) NNPmp 4,500

Calculate the Net Factor Income From Abroad. (4)

Q 5.

Particulars Rs (Crores)
(i) NDPfc 10,000

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By DeeCee – Divine Classes

(ii) Net Factor Income From 200

Abroad (NFIA)
(iii) Depreciation 300
(iv) Net Indirect Taxes (NIT) 250

Calculate (a) NNPfc (b) GNPfc (c) GNPmp (d) NNPmp (e) NDPmp (f) GDPmp
(g) GDPfc (6)