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Question-1
Net ? factor income could be negative when _________
(A)
country receives huge foreign earnings
(B)
country spends huge foreign earnings
(C)
country receives less foreign earnings and sends its huge currency
(D)
none of these
Question-2
Per-capita income refers to :
(A)
per-head income
(B)
average income of a person
(C)
a and b
(D)
none of these
Question-3
________ is the sum total of property income and income from entrepreneurship
(A)
profits
(B)
compensation to employees
(C)
operating surplus
(D)
dividends
Question-4
_______ is the sum total of national income at market prices and current transfers received from rest of the world
(A)
GNP
mp
(B)
NDP
fc
(C)
national disposable income
(D)
national income at factor cost
Question-5
If the net ? factor income from abroad is lower ,_________ would be higher than ______
(A)
GDP
mp
> GNP
mp
(B)
GDP
mp
< GNP
mp
(C)
GDP
mp
= GNP
mp
(D)
none of these
Question-6
______ is the measure of net availability of final products
(A)
GNP
mp
(B)
NDP
mp
(C)
deprecition
(D)
NDP
fc
Question-7
The national output of a nation is known as ______
(A)
National income
(B)
national disposable income
(C)
per -capita income
(D)
national corporate income
Question-8
________ shows the market value of all final goods and services produced by normal residents of a country during a year after making allowances for depreciation .
(A)
GNP
mp
(B)
NDP
fc
(C)
NNP
mp
(D)
NDP
mp
Question-9
National income can be computed by deducting
(A)
depreciation from GNP
fc
(B)
depreciation multiplying with GNP
fc
(C)
depreciation adding to GNP
fc
(D)
none of these
Question-10
GNP
mp
– depreciation = _________
(A)
GNP
mp
(B)
NDPfc
(C)
NNP
mp
(D)
GNP
fc
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Plus 2 Humanities
ICSE/ISC
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- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
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