National income

Which of the following is included in the National Income of a country?

• Rent

• Wages

• Interest

• Rent, Interest, Wages, Salary, Profits

Which of the following organisations calculate the Gross Domestic Product in India?

• Reserve Bank of India

• Indian Statistical Institute

• National Statistical Office

• None of the above

Which of the following is the employment theory related to?

• Macroeconomics

• Static economics

• Microeconomics

• None of the above

Which of the following is a method to measure the National Income?

• Expenditure method

• Income method

• Product method

• All of the above

Who measured the first National Income of India?

• Dadabhai Naoroji

• William Digboi

• V.K.R.V. Rao

• Professor P.C. Mahalanobis

Which of the following statements describes the National Income?

• The budget introduced by the government

• It is the total of various income factors

• Profit of different units in the public sector

• The income gained by the government

………is the total value of a country’s final output of all new goods and services produced during the year:

• Gross national product

• National Income

• Gross national Income

• Gross domestic product

Which of the following term is opposite to Inflation?

• Deflation

• Hyperinflation

• Stagflation

:- Most pertinent problem while computing National Income is:

• Non-monetized Consumption

• Inflation

• Low savings

• Under employment

why the intermediate goods are not included in the National Income?

• Intermediate goods are not reliable

• For the prevention of double counting

• Decreases the income

• All of the above