Exam 2: National Income and GDP Calculation in India

Personal income includes:

The value of NNP at consumer point is called the

Which is not added in the calculation of national income of India?

Output means. ……………unless stated otherwise

Personal income includes:

If the contribution of the agricultural sector is decreasing in a country's economy, then what conclusion can be drawn?

Which of the following is considered as financial year in India?

How much does the primary sector contribute to India's GDP?

Select the correct statement:

Which is a flow concept:

Which sector contributes the most to India's economy?

What is the net value of GDP after deducting depreciation from GDP(Gross domestic product)?

Consider the following statements and identify the right ones. i. National income is the monetary value of all final goods and services produced. ii. Depreciation is deducted from gross value to get the net value

If savings exceed investment then:

To avoid double counting when GDP is estimated, economists:

If we compare GDP and GNP, then:

Which is the largest figure:

Which sector contributes the most to India's economy in terms of GDP?

This statement is true

There are methods of measuring national income: