National income does not include_____
National Income & Related Aggregates

Quiz
•
Other, Social Studies
•
11th Grade - University
•
Medium
Chand Ratan
Used 1K+ times
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15 questions
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1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Wages and salaries
Rent and Royalty
Student scholarship
Corporate Tax
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The difference between value of output and value added is:
Depreciation
Net Indirect tax
Intermediate consumption
Net factor income from abroad
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Product method of calculating national income is also known as:
Income method
Value added method
Expenditure method
Distribution method
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Transfer payments refer to payments, which are made:
Without any exchange of goods and services
To workers on transfer from one job to another
As compensation to employees
None
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
National Income differs from Net National Product at market price by the amount of:
Current transfers from rest of the world
Net Indirect Taxes
National debt interest
it does not differ
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GNP(MP) = GDP(MP) + ________ :
Depreciation
Indirect taxes
NFIA
Subsidy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not correct ?
NNPMP = GNPMP- depreciation
NNPMP = NNPFC + net indirect taxes
GDPMP = GNPMP +.NFIA
NDPFC = GDPFC – depreciation
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