National Income Accounting (Income Method)

National Income Accounting (Income Method)

12th Grade

10 Qs

quiz-placeholder

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National Income Accounting (Income Method)

National Income Accounting (Income Method)

Assessment

Quiz

Social Studies

12th Grade

Hard

Created by

rohit -

Used 28+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

COE is the total of:-

Wages/Salaries in cash

Wages in Kind

Employer's Contribution to Social Security Schemes

None of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Calculate MISE, When

NDP (FC)= 1000CR

COE=200CR

OS=500CR

300CR

1700CR

800CR

1200 CR

3.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

NNP (FC) is.............................. When,

COE=500CR

OS=1900CR

MISE=600CR

NFIA= 1000CR

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Calculate Operating Surplus When:-

Rent=1000 cr

Interest=500 cr

Royalty= 700 cr

Profit= 1300 cr

Salaries= 500cr

3500 cr

4000cr

3000 cr

1700 cr

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Calculate Profit when:

Retained Earning= 700 cr

Corporate tax= 600 cr

Dividend= 400 cr

1300cr

1700

1700 cr

1100 cr

6.

FILL IN THE BLANK QUESTION

10 sec • 1 pt

Income From Lottery is Included in National Income.

(True/False)

7.

MULTIPLE SELECT QUESTION

1 min • 1 pt

What are the Steps to calculate NNP(FC) using Income method?

STEP 1 CALCULATE COE

STEP 2 CALCULATE OS

STEP 3 CALCULATE MISE

STEP 4 CALCULATE NDP(FC) = COE+OS+MISE

STEP 5 CALCULATE NNP(FC)= NDP(FC)+NFIA

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