Basic Concepts of Macro Economics

Basic Concepts of Macro Economics

12th Grade

10 Qs

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Chapter 16

Chapter 16

Basic Concepts of Macro Economics

Basic Concepts of Macro Economics

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12th Grade

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Niti Rathore

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10 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is an example of transfer income

Bonus

Unemployment allowance

Compensation of employees

All of above

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following will be included in national income of India

Old age pension

Subsidies

Scholarship

Salaries

3.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Domestic income of India is the income earned...................... of India

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is a phase of circular flow of income

Generation phase

Distribution phase

Disposition phase

All of these

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

which of these is semi durable good

radio

milk

clothes

petrol

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Real flow is also known as

Nominal flow

Physical flow

Money flow

Both a and b

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The concept of normal residents applies to

Individuals only

Institutions only

Both

None of them

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