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Economics
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Question-1
The basic balancing equation in a four sector economy is __________
(A)
C+I+X+Y
(B)
C+I+G+X x M
(C)
C+I+G+(X-M)
(D)
none of these
Question-2
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-3
The basic balancing equation in a three sector economy is ______
(A)
C+I+X
(B)
C+I+G
(C)
C+M+G
(D)
none of these
Question-4
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-5
Value added method is the value of the firm firms output minus ________
(A)
depreciation
(B)
inter-dependent goods
(C)
intermediate goods
(D)
none of these
Question-6
The basic balancing equation in a two sector economy is __________
(A)
C + I
(B)
C+X
(C)
C+M
(D)
none of these
Question-7
_________ 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-8
The income receiving for granting the rights of mining to others is known as _________
(A)
rent
(B)
interest
(C)
royalties
(D)
dividends
Question-9
The difference between the value of goods and services exported to other countries and the value of goods and services imported from other countries is known as _________
(A)
exports
(B)
imports
(C)
net-exports
(D)
net-imports
Question-10
Capital income includes :
(A)
rent
(B)
interest
(C)
royalties and dividends
(D)
all of these
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Plus 2 Humanities
ICSE/ISC
Practice in Related Chapters
Micro Economic Theory
Theory of Consumer Behavior; Marginal Utility and Indifference Curve Analysis
Law of Supply and Price Elasticity of Supply
Laws of Returns - Returns to a Factor and Returns to Scale
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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