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Who measured the first National Income of India??

Correct Answer: 1

Which of the following statements describes the National Income??

Correct Answer: 2

The short form of ITR associated with Income Tax stands for what??

Correct Answer: 1

From which sector does India receives the highest share of GDP??

Correct Answer: 3

The term transfer payments, which are referred to as payments, are made

Correct Answer: 2

GDP in addition with NFIA equals to _______?

Correct Answer: 4

The following statement is not included in National Income

Correct Answer: 2

As a factor of cost, what is the other name of the net national product??

Correct Answer: 2

Which of the following should you not include for the calculation of GNP??

Correct Answer: 3

Who is known as the father of the Green revolution??

Correct Answer: 4

What is the use of the Gini coefficient??

Correct Answer: 1

Which of the following statements define a close economy??

Correct Answer: 2

Which theory for industrial relations signifies the ?concept of surplus labour??

Correct Answer: 2

On which basis the National Income of India is calculated??

Correct Answer: 4

Which of the following term is opposite to Inflation??

Correct Answer: 1

The tax on Goods and Services helped India to emerge as a

Correct Answer: 1

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

Correct Answer: 2

Which among the following things are not included while measuring the GDP??

Correct Answer: 4

Who was the first to attempt the Accounting of National Income??

Correct Answer: 1

The increase in the stock of the capital is also called?

Correct Answer: 2

Which one of the following is considered under the four-sector model??

Correct Answer: 1

Which one of the following options is not considered as flow??

Correct Answer: 4

Which one of the following options is not included in the National Income??

Correct Answer: 3

Which one of the following is also included in the National Income??

Correct Answer: 4

Which one of the following is considered under the primary sector??

Correct Answer: 4

How many sectors are production enterprises divided??

Correct Answer: 3

Which of the following options should not be included in the calculation of GNP??

Correct Answer: 2

What are the formation causes of net capital?

Correct Answer: 2

Which one of the following options is the example of semi-durable goods??

Correct Answer: 4

Which of the following causes unexpected obsolescence??

Correct Answer: 3

Which of the following options causes depreciation??

Correct Answer: 2

Which of the following statements is true??

Correct Answer: 3

Select the right option which is used for measuring the National Income

Correct Answer: 4

Which organisation is accountable for calculating the Gross Domestic Product of India??

Correct Answer: 3

Which of the following would be considered an investment expenditure?

Correct Answer: 3

For purposes of calculating GDP, which of the following payments is a not include in the government spending component

Correct Answer: 1

Spending on capital equipment, inventories, and structures is referred to as

Correct Answer: 2

Which of the following would NOT be counted as a final good for inclusion in GDP?

Correct Answer: 2

Who introduced the concept of Five Year Plans?

Correct Answer: 2

When was the first Five Year Plan launched in India?

Correct Answer: 3

Who was the architect of India's First Five Year Plan?

Correct Answer: 1

Which sector was given the highest priority during the First Five Year Plan in India?

Correct Answer: 1

Which year marked the beginning of the Second Five Year Plan in India?

Correct Answer: 2

Focus of the Second Five Year Plan in India?

Correct Answer: 2

The purpose of financial markets is to:

Correct Answer: 2

Economic indicator of contraction and expansionary phase by measuring real GDP is:

Correct Answer: 1

When aggregate economic activity is increasing, the economy is said to be:

Correct Answer: 1

The amount of after-tax income received by households is measured by:

Correct Answer: 2

Which of the following best defines national income?

Correct Answer: 1

The largest component of national income is:

Correct Answer: 3

Which method of calculating national income involves summing up the value-added at each stage of production, from raw materials to final goods and services?

Correct Answer: 3

Which component of Gross Domestic Product (GDP) represents the total value of all final goods and services produced within a country's borders, excluding income earned from abroad?

Correct Answer: 3

Which measure of national income accounts for the depreciation of capital goods and represents the total value of goods and services produced minus depreciation?

Correct Answer: 2

Which concept refers to the income earned by the residents of a country, including wages, rent, interest, and profits, both domestically and from abroad?

Correct Answer: 1

Which concept adjusts Gross Domestic Product (GDP) to account for differences in price levels between countries, allowing for a more accurate comparison of economic performance?

Correct Answer: 1