Andhra Pradesh (English Medium) Std 9 Study Materials, Online Learning, Question Papers, Classnotes, Practice Test, MCQ | Smartindia Educational Program : www.smartindia.net.in

Question-1
Among which sectors of the economy,the circular flow of money is called circular flow of income.

(A) Same	(B) Similar
(C) Constant	(D) Different

Question-2
National Income means

(A) Income of the states	(B) Income of the world
(C) Income of the country	(D) Income of the village

Question-3
GNP does not include this item

(A) Finished Products	(B) Value of capital Goods
(C) Intermediate Goods	(D) Primary Goods

Question-4
Consumption of fixed capital is also known as

(A) Capital Formation	(B) Depreciation
(C) Investment	(D) All the above

Question-5
Study of national income is related to

(A) Micro economics	(B) Macro economics
(C) International economics	(D) Econometrics

Question-6
Flow of goods and services between firms and households are

(A) Real Flow	(B) Money Flow
(C) Flow of Capital	(D) Flow of Stock

Question-7
NNP at factor cost means

(A) National Income	(B) National Expenditure
(C) National Wealth	(D) National Capital

Question-8
National income ,according to income method is the sum total of income earned by

(A) Individual factor of production	(B) Primary factor of production
(C) Secondary sector production	(D) All the factor of production

Question-9
While calculating GNP at market price value of subsidies are

(A) Added	(B) Deducted
(C) Increase	(D) Decrease

Question-10
The loss in the value of capital goods is called

(A) Subsidy	(B) Foreign trade loss
(C) Exchange loss	(D) Depreciation

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Std 9

Andhra Pradesh (English Medium)

Practice in Related Chapters
Budget
Concepts of National Income
Macro Economics
Meaning and Indicators of Economic Development
Revenue And Expenditure
Money and Banking