NATIONAL INCOME

NATIONAL INCOME

12th Grade

6 Qs

quiz-placeholder

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NATIONAL INCOME

NATIONAL INCOME

Assessment

Quiz

Other

12th Grade

Medium

Created by

Rupali Sonawane

Used 1+ times

FREE Resource

6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

  1. Expenditure method

Income method

value added method

All of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Indian Economy is a ?

  1. Real income


  1. Non-monetary income

money economy

none of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is included in the expenditure method of calculating national income?

  • Wages

  • Rent

Interest

Consumption expenditure

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

write the formula of expenditure method ?

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the expenditure method, what does the term 'net exports' refer to?

Total value of exports minus total value of imports

Total value of imports minus total value of exports

Total value of imports

Total value of exports plus total value of imports

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Investment in the expenditure method of national income includes:

Purchase of stocks and bonds

Spending on capital goods like machinery and buildings

Expenditure on consumer goods

Spending on public services