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Economics
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Question-1
________ method measures national income at disposition stage
(A)
Value added method
(B)
income method
(C)
expenditure method
(D)
all of these
Question-2
The difference between opening stock and closing stock is known as ________
(A)
investment
(B)
savings
(C)
inventory
(D)
none of these
Question-3
The first Noble prize in economics was awarded to __________
(A)
Paul krugman
(B)
Simon kuznets
(C)
Amartya sen
(D)
none of these
Question-4
_______ method is the most ideal method which avoids the double counting in the estimation of national income .
(A)
value added method
(B)
income method
(C)
expenditure method
(D)
all of these
Question-5
______ is a form of back money
(A)
money with the central banks
(B)
accounted money
(C)
un-accounted money
(D)
all of these
Question-6
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
Question-7
Intermediate goods are used for _________
(A)
depreciation
(B)
final consumption
(C)
further production
(D)
none of these
Question-8
For getting the complete view of the economy ,national income should be measured with ________ method
(A)
value added method
(B)
income method
(C)
expenditure method
(D)
all the three methods
Question-9
_______ method measures the expenditure on final goods
(A)
value added method
(B)
income method
(C)
expenditure method
(D)
all of these
Question-10
_________ sector refers to that part of the economy where goods and services are exchanged through barter without the use of money .
(A)
monetized
(B)
non-monetized
(C)
formal
(D)
none of these
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Plus 2 Humanities
ICSE/ISC
Practice in Related Chapters
Micro Economic Theory
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Demand and Law of Demand
Elasticity of Demand
Cost and Revenue Analysis
FORMS OF MARKET
EQUILIBRIUM OF FIRM
Determination of Equilibrium Price and Output Under Perfect Competition Monopoly and Monopolistic
Equilibrium Price: Market Price
Nature of Goods and Services Produced
National Income Aggregates
INTERNATIONAL TRADE; NEED AND BASIS
Balance of Payments
Theory of Distribution: Marginal Productivity Theory and Determination of Wages
Public Expenditure
PUBLIC DEBT
Fiscal Policy and Deficit Financing
The Theory of Distribution: Rent, Interest and Profit
National Income and Circular Flow of Income
Measurement of National Income
- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
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