Top 50+ Solved National Income accounting MCQ Questions Answer

a. ni = rent + interest + wages + profit

b. ni = rent + interest + wages + taxes

c. ni = govt. expenditure + interest + wages + profit

d. ni = rent + interest + wages + pensions

a. ministry of finance

b. ministry of commerce and industry

c. ministry of central statistical and program implementation

d. ministry of consumer affairs

a. goa

b. delhi

c. maharashtra

d. punjab

a. 26%

b. 20%

c. 53%

d. 14%

a. service sector

b. manufacturing sector

c. agricultural sector

d. small scale industries

a. the country is growing in the direction of being a developed nation

b. the country is moving towards becoming developing nation

c. the country is moving towards becoming less developed nation

d. the economic growth rate of the country has stopped

a. the value of goods and services

b. the sold value of the old fridge

c. services rendered by the housewives

d. both b & c

a. gross output at mp (gdpmp)

b. net output at mp

c. gross output at fc

d. none

a. operating surplus

b. compensation of employees

c. net factor income from abroad

d. mixed income

a. indirect taxes < subsidies (subsidy> indirect taxes)

b. indirect taxes > subsidies

c. i.t = subsidies

d. none

a. 1,600

b. 2,200

c. 1,000

d. 1,400

a. final gods satisfy wants of ultimate consumers and producers.

b. final goods have direct demand as they satisfy the wants directly.

c. final goods are subject to further transformation in the process of production.

d. final goods are neither used up as raw-material nor for resale in the same year.

a. flour used by a banker in making biscuits

b. unsold stock of goods lying with the sellers

c. tyres purchased by a transport company

d. mobile sets purchased by a mobile dealer

a. subsidized lunch

b. old-age pension

c. free medical facilities

d. construction of a house

a. savings of private corporate sector

b. reserves and surplus

c. retained earnings

d. all of these