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WorksheetsEconomics Quiz
Total questions: 10
Worksheet time: 5mins
The difference between National income and domestic income is of:-
Net indirect taxes
Depreciation
Net factor income from abroad
None of these
The national income is also known as:-
GDPmp
NNPmp
NDPfc
NNPfc
The aggregate which represents Domestic income is:-
NNPmp
NDPmp
NDPfc
None of these
Which one is correct?
NNPfc= NDPmp + NFIA + Dep-NIT
NNPfc= NDPmp+NFIA-NIT
NNPfc= NDPfc + NFIA
None of these
In order to obtain GDPmp from NNPfc
Dep deducted , NFIA added NIT added
Dep added, NFIA Subtracted , NIT subtracted
Dep added NFIA subtracted, NIT added
None of these
In order to obtain NNPfc from NDPfc (a) will be added
In order to estimate the value of goods at market price:-
Indirect taxes are added and subsides subtracted
Indirect taxes and subsidies subtracted
Both Indirect taxes and subsidies added
None of these
Subsides are added to market price of a good
agree
Disagree
Can’tsay
It refers to sum total of factor income earned by normal resident of a country excluding depreciation and subsidies and including indirect taxes during an accounting year. Identify
NDP fc
NNPmp
NNPfc
None of these
It refers to market value of final goods and services produced within domestic territory of the country including depreciation, subsidies excluding indirect taxes during a period of accounting year. Identify
GDP mp
GNP mp
GDPfc
None of these
