NATIONAL INCOME

Which of the following is not a flow

• Capital

• Income

• Investment

• Depreciation

Stock variable is defined as a variable which is

• Measured over a period of time

• Particular point of time

• Cannot be measured

• None of these

Real flow is also known as nominal flow

• False

• True

Which of the following is an example of transfer income

• Bonus

• Unemployment allowance

• Compensation from the employer

• All of the above

NFIA is

• Export - Import

• Visible export - Visible import

• FIFA - FITA

• Factor income received from abroad

Which one of the following is not an example of final goods

• Chalk, duster etc. Purchased by a school

• Fertilizer used by the farmers

• Wheat used by the flour mill

• All of the above

Market price and factor cost will be equal when there is

• No direct tax

• No indirect tax

• No subsidy

• No indirect tax no subsidy

Which of the following is not a component of operating surplus

• Interest

• Rent

• Royalty

• COE

Which one is included in national Income

• Winning from lottery

• Milk purchase by a dairy shop

• National debt interest

• None of these

Distributed profits is also known as

• Corporate tax

• Dividend

• Retained earnings

• DA