| 1 |
One of the following is not included in net national product |
- A. Consumer goods
- B. Capital goods
- C. Capital formation
- D. Consumer goods and capital goods
|
| 2 |
------------------- are added in national income |
- A. Depreciation allowance
- B. Subsidies
- C. Indirect taxes
- D. Direct taxes
|
| 3 |
Which is subtracted from gross national product to find gross domestic product |
- A. Depreciation allowance
- B. Net income received from foreign sources
- C. Indirect taxes
- D. Transfer payments
|
| 4 |
Individual income means |
- A. Total of incomes received from any means by the people
- B. Total of incomes of entrepreneurs of the country
- C. Income of a particular person
- D. Income of a family
|
| 5 |
If we subtract direct taxes from personal income, we get |
- A. Net national income
- B. Net domestic income
- C. Disposable personal income
- D. Personal savings
|
| 6 |
Net foreign income is |
- A. Exports - imports
- B. Exports + imports
- C. Income received by exports
- D. Income received by imports
|
| 7 |
------------ is not included in gross domestic product |
- A. Private investment
- B. Income received from foreign country
- C. Depreciation allowance
- D. Govt. investment
|
| 8 |
Under Monopoly, a firm is in equilibrium position when Ed is: |
- A. Equal to unity
- B. Less than unity
- C. Grater than unity
- D. Both b and c
|
| 9 |
What remains after the deduction of direct tax from the personal income |
- A. NNP
- B. NNI
- C. DPI
- D. GNP
|
| 10 |
The income which a person can use according to his will is called |
- A. Personal income
- B. Disposable personal income
- C. Net income
- D. Per capita income
|
