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WorksheetsTEST-4 CH-1 N.I & RELATED AGGREGATE
Total questions: 20
Worksheet time: 10mins
Which method is adopted in measuring National Income?
Production Method
Income Method
Expenditure Method
All of the above
Which services is included in Tertiary Sector?
Mining
Construction
Communication
Animal Husbandary
Which sector is included in an economy?
Primary
Secondary
Tertiary
All of the above
Which one is included in National Income?
Transfer Earnings
Sale proceeds of shares and Bonds
Black money
None of the above
Which one is included in the calculation of National Income?
New final goods and services
Earned Income of Indian Companies in Abroad
Expenses made by Foreign Tourists in the country
All of the above
Which one is included in Secondary Sector?
Insurance
Manufacturing
Trade
Banking
Which one is included in Primary Sector?
Land
Forest
Mining
All of the above
National income refers to:
factor incomes only
income of only normal residents of the country
the sum total of domestic income and net factor income from abroad.
All of these
Financial help to a victim is:
transfer payment
factor income
net factor income from abroad
none of these
National Income is often estimated as:
NDPfc
NNPmp
NDPmp
NNPfc
Difference between closing stock and opening stock during an accounting year is known as:
increase in stock
change in stock
decrease in stock
None of these
Tertiary sector is known as ___________ sector.
Primary
Secondary
Service
None of these
Value of output = Sale + Change in stock − (a)
Value Addition = ________________________
Value of output + intermediate consumption
Value of output − intermediate consumption
Value of output X intermediate consumption
Value of output ÷ intermediate consumption
Market Price = Factor cost + ___________
Net Indirect Taxes
subsidies
Depreciation
indirect taxes
Gross = Net + (a)
Domestic = National − (a)
Factor cost = Market price − (a)
NFIA = FIFA − (a)
National − NFIA = (a)
