Top 1000+ Solved Fundamentals of Economics and Management MCQ Questions Answer

a. Final manufactured goods and services

b. Intermediate goods

c. Goods and services exported

d. Sub-standard goods and discarded services

a. `595

b. `750

c. `600

d. `400

a. Sale of Intermediate goods

b. Income from illegal betting

c. Household services rendered by a house wife in her family

d. All the three

a. Base year

b. Current year

c. 1980

d. 2000

a. Base year

b. Current year

c. 1980

d. 2000

a. Earning of an International fashion show organized in Delhi

b. Sale of ticket for Republic day parade.

c. Fee of a practicing Chartered Accountant

d. A house built in 2000 and first sold in 2006

a. Foreigners are earning more in India than Indians are earning in foreign countries

b. High incidence of plant and machinery wear out

c. Indian are earning more in foreign countries than foreigners earnings in India

d. None

a. Price index

b. Sensex

c. GDP deflator

d. None

a. `1000

b. `1100

c. `900

d. `800

a. `90,530

b. `91,000

c. `89,990

d. `93,100

a. 84,430

b. 87000

c. 86540

d. 88000

a. 86,430

b. 87000

c. 84990

d. 88000

a. 88,430

b. 93460

c. 86540

d. 88000

a. Value added = total sales + closing stock of finished goods – opening stock of finished goods – total expenditure on raw material – intermediate goods

b. Value added = total sales + closing stock of finished goods and semi finished goods – total expenditure on raw material – intermediate goods

c. Value added = total sales + closing stock of finished goods and semi-finished goods-opening stock of finished goods and semi finished goods-total expenditure on raw material

d. Value added = total sales + closing stock of finished goods and semi finished goods – opening stock of finished goods and semi finished goods – total expenditure on raw material – intermediate goods.

a. value added-depreciation

b. Value added – depreciation – tax

c. Value added – interest – tax

d. Value added – depreciation-interest