Economics Part 2

GNP equals ----------------

• NNP adjusted for inflation

• GDP adjusted for inflation

• GDP plus net property income from abroad

• NNP plus net property income or abroad

National Income is a measure of ---------------

• Total value of money

• Total value of producer goods

• Total value of consumption goods

• Total value of goods and services

Primary sector consist of --------------------

• Agriculture

• Automobiles

• Trade

• Banking

------------ approach is the value added by each intermediate good is summed to estimate the value of the final good.

• Expenditure approach

• Value added approach

• Income approach

• National Income

Which one sector is highest employment in the GDP?

• Agricultural sector

• Industrial sector

• Service sector

• None of the above

Gross value added at current prices for services sector is estimated at ----- lakh crore in 2018 -19.

• 91.06

• 92.26

• 80.07

• 98.29

India is ----------------- larger producer in agricultural product.

• 1st

• 3rd

• 4th

• 2nd

India ‘s life expectancy at birth is -----------------------

• 65

• 60

• 70

• 55

Which one is a trade policy?

• Irrigation Policy

• Import and export Policy

• Land – reform Policy

• Wage policy

Indian Economy is -----------------

• Developing Economy

• Emerging Economy

• Dual Economy

• All the above