| 1 |
The four factor payments are |
- A. Money, capital, salaries and income
- B. Wages, rent, interest and profits
- C. Money, power, prestige and wealth
- D. Wages, interest, salaries and income
|
| 2 |
Speculative demand of money depends upon |
- A. Income
- B. investment
- C. Rate of investment
- D. Central bank
|
| 3 |
It is deducted from GNP to find NNP |
- A. Savings
- B. Direct taxes
- C. Depreciation allowance
- D. Subsidies
|
| 4 |
Real national income increases when |
- A. Prices of goods are rising
- B. National savings increase
- C. Quantity of goods and services increases
- D. None of the above
|
| 5 |
NI= NE is an |
- A. Equation
- B. Identity
- C. Function
- D. None
|
| 6 |
The largest part of national income is |
- A. Consumption
- B. Investment
- C. Saving
- D. Transfer payments
|
| 7 |
We measure national income by this method |
- A. Expenditure method
- B. Income method
- C. Product method
- D. All of the above
|
| 8 |
Transfer payments means |
- A. Bank loans
- B. The payment without work
- C. Payment made to all factors of production
- D. Tax payment
|
| 9 |
If indirect taxes are deducted from NNP and subsides are added we achieve |
- A. Personal savings
- B. DPI
- C. National Income
- D. Per capital income
|
| 10 |
The goods which are used directly by the people are called |
- A. Consumer goods
- B. Capital good
- C. Direct good
- D. None
|
