Basics of Economics

M

Mr. Dubey • 51.17K Points
Coach

Q 31. In the Classical system, the role of the government is:

(A) the highest
(B) not at all needed
(C) limited
(D) important
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M

Mr. Dubey • 51.17K Points
Coach

Q 32. The first estimate of National income in India was done by:

(A) k.n. raj
(B) v.k.r.v. rao
(C) dadabai naoroji
(D) p.c. mahalanobis
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M

Mr. Dubey • 51.17K Points
Coach

Q 33. National income in India is estimated by:

(A) rbi
(B) nsso
(C) cso
(D) world bank
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M

Mr. Dubey • 51.17K Points
Coach

Q 34. Per capita income is equal to:

(A) population/national income
(B) national income/population
(C) national income/gdp
(D) nnp/gnp
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M

Mr. Dubey • 51.17K Points
Coach

Q 35. Net factor income from abroad shows the difference between:

(A) gdp and ndp
(B) nnp and ndp
(C) gnp and gdp
(D) gnp and nnp
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M

Mr. Dubey • 51.17K Points
Coach

Q 36. Net indirect taxes means:

(A) indirect taxes plus subsidies
(B) income minus taxes
(C) indirect taxes minus subsidies
(D) exports minus imports
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M

Mr. Dubey • 51.17K Points
Coach

Q 37. Increase in real National Income (NI) means increase in:

(A) ni at current prices
(B) ni at constant prices
(C) both
(D) none of these
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M

Mr. Dubey • 51.17K Points
Coach

Q 38. An accounting year in India is:

(A) calendar year
(B) academic year
(C) fiscal year
(D) none of these
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M

Mr. Dubey • 51.17K Points
Coach

Q 39. Which of the following is not a method of national income estimation?

(A) matrix method
(B) income method
(C) expenditure method
(D) product method
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M

Mr. Dubey • 51.17K Points
Coach

Q 40. NNP is equal to:

(A) gnp plus depreciation
(B) gnp minus depreciation
(C) gnp minus exports
(D) gnp plus exports
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