Question 1

National Income differs from Net National Product at market price by the amount of:

Accepted Answer

A) current transfers from rest of the world 
B) net indirect taxes (difference between indirect tax and subsidy) 
C) national debt interest 
D) it does not differ 
A) current transfers from rest of the world 
B) net indirect taxes (difference between indirect tax and subsidy) 
C) national debt interest 
D) it does not differ

Question 2

In classical theory the equality between saving and investment is brought about by:

Accepted Answer

A) rate of interest 
B) income 
C) consumption 
D) multiplier 
A) rate of interest 
B) income 
C) consumption 
D) multiplier

Question 3

Which of following is not included in national income ?

Accepted Answer

A) factor income 
B) rent 
C) operating surplus 
D) transfer income 
A) factor income 
B) rent 
C) operating surplus 
D) transfer income

Question 4

An Indian farmer produces wheat without incurring cost of inputs alllsells for Rs. 1,000 to a miller who grinds wheat into flour and sells for Rs 1,200 to baker. Thebaker sells bread to consumers for Rs. 1,600. Total added is Rs.

Accepted Answer

A) 1,600 
B) 2,200 
C) 1,000 
D) 1,400 
A) 1,600 
B) 2,200 
C) 1,000 
D) 1,400

Question 5

Which out of the following is not included in estimation of NI?

Accepted Answer

A) subsidized lunch 
B) old-age pension 
C) free medical facilities 
D) construction of a house 
A) subsidized lunch 
B) old-age pension 
C) free medical facilities 
D) construction of a house

National Income differs from Net National Product at market price by the amount of:

In classical theory the equality between saving and investment is brought about by:

Which of following is not included in national income ?

An Indian farmer produces wheat without incurring cost of inputs alllsells for Rs. 1,000 to a miller who grinds wheat into flour and sells for Rs 1,200 to baker. Thebaker sells bread to consumers for Rs. 1,600. Total added is Rs.

Which out of the following is not included in estimation of NI?

Key Concepts in Macroeconomics and Economic History

National Income and GDP Calculation in India

Economic Concepts and Policies

Understanding Inflation, Business Cycles, and Monetary Policy

International Trade Theories and Concepts

Understanding Terms of Trade and International Trade Policies

International Trade Policies and Organizations

International Trade and Economic Policies

Balance of Payment and International Trade

International Trade and Finance

Understanding Foreign Exchange Market and Exchange Rate Systems: Part 1

Understanding Foreign Exchange Market and Exchange Rate Systems: Part 2

Filters

Exam 3: National Income and Classical Theory of Employment

National Income differs from Net National Product at market price by the amount of:

In classical theory the equality between saving and investment is brought about by:

Which of following is not included in national income ?

An Indian farmer produces wheat without incurring cost of inputs alllsells for Rs. 1,000 to a miller who grinds wheat into flour and sells for Rs 1,200 to baker. Thebaker sells bread to consumers for Rs. 1,600. Total added is Rs.

Which out of the following is not included in estimation of NI?

Key Concepts in Macroeconomics and Economic History

National Income and GDP Calculation in India

Economic Concepts and Policies

Understanding Inflation, Business Cycles, and Monetary Policy

International Trade Theories and Concepts

Understanding Terms of Trade and International Trade Policies

International Trade Policies and Organizations

International Trade and Economic Policies

Balance of Payment and International Trade

International Trade and Finance

Understanding Foreign Exchange Market and Exchange Rate Systems: Part 1

Understanding Foreign Exchange Market and Exchange Rate Systems: Part 2

Filters