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Question-1
______ method of national income estimates measures national income as factor payments made to the primary factors for the use of their factor services .
(A)
value added method
(B)
income method
(C)
expenditure method
(D)
all of these
Question-2
_________ is not included in the estimation of national income
(A)
current industrial products
(B)
current agriculture production
(C)
services of housewives
(D)
all of these
Question-3
CSO considers ________ sectors for the estimation of national income .
(A)
20
(B)
15
(C)
25
(D)
none of these
Question-4
Some part of the companies income which is not distributed to the share holds of the company is known as
(A)
undistributed rent
(B)
undistributed interest
(C)
undistributed royalties
(D)
undistributed profits
Question-5
The major problem of estimating national income in developing countries are ____
(A)
data inadequacies
(B)
inaccurate data
(C)
non-monetized sectors
(D)
all of these
Question-6
_______ method measures the expenditure on final goods
(A)
value added method
(B)
income method
(C)
expenditure method
(D)
all of these
Question-7
Tertiary sector of an economy is otherwise known as :
(A)
industrial sector
(B)
bovine sector
(C)
agriculture sector
(D)
none of these
Question-8
The methods for estimating national income are _____
(A)
value added method
(B)
income method
(C)
expenditure method
(D)
all of these
Question-9
_________ is included in the estimation of current national income .
(A)
sale of old cars
(B)
sale of existing hose
(C)
food grains in the current year
(D)
all of these
Question-10
The estimates by adding net ?value added by all producing units in an economy during a year is known as ____________
(A)
value added method
(B)
income method
(C)
expenditure method
(D)
none of these
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Plus 2 Humanities
ICSE/ISC
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Nature of Goods and Services Produced
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National Income and Circular Flow of Income
Measurement of National Income
- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
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