[{"id":236559,"question":"National income is measured for:","choices":[{"text":"One year","value":"A"},{"text":"Two years","value":"B"},{"text":"Three years","value":"C"},{"text":"Four years","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":236558,"question":"Income received without any economic services:","choices":[{"text":"National Income","value":"A"},{"text":"Transfer payments","value":"B"},{"text":"Interest","value":"C"},{"text":"Profit","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":236557,"question":"Subsidies means:","choices":[{"text":"Relief price to consumers","value":"A"},{"text":"Relief in price to Producers","value":"B"},{"text":"Surplus budget","value":"C"},{"text":"Both a and b","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":236556,"question":"Depreciation means:","choices":[{"text":"Wear and Tear","value":"A"},{"text":"Reduction in value","value":"B"},{"text":"Decrease in value","value":"C"},{"text":"All of these","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":236555,"question":"In Macro economies the vital role is played by:","choices":[{"text":"Marshall","value":"A"},{"text":"J.R.Hicks","value":"B"},{"text":"Robbins","value":"C"},{"text":"Keynes","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":236554,"question":"Methods for measurement of national income are:","choices":[{"text":"Two","value":"A"},{"text":"Three","value":"B"},{"text":"Four","value":"C"},{"text":"Five","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":236553,"question":"One of the following is not include in national income:","choices":[{"text":"Transfer payments","value":"A"},{"text":"Depreciation","value":"B"},{"text":"Wages","value":"C"},{"text":"Both a and b","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":236552,"question":"If we deduct depreciation from GNP, we get:","choices":[{"text":"P.I","value":"A"},{"text":"G.D.P","value":"B"},{"text":"D.P.I","value":"C"},{"text":"N.N.P","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":236551,"question":"If we deduct direct taxes from personal income, we get:","choices":[{"text":"NNP","value":"A"},{"text":"GDP","value":"B"},{"text":"DPI","value":"C"},{"text":"PI","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":236550,"question":"If we deduct foreign income from GNP, we get:","choices":[{"text":"N.N.P","value":"A"},{"text":"G.D.P","value":"B"},{"text":"D.P.I","value":"C"},{"text":"P.I","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":236549,"question":"National income at factor cost is equal to:","choices":[{"text":"G.N.P - Subsidies + taxes","value":"A"},{"text":"N.N.P - Direct tax + Subsidies","value":"B"},{"text":"G.D.P - Subsidies + taxes","value":"C"},{"text":"N.N.P - Indirect tax + Subsidies","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":236548,"question":"National Income is also known as:","choices":[{"text":"National product","value":"A"},{"text":"Total expenditure","value":"B"},{"text":"Total population","value":"C"},{"text":"Both a and b","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":236547,"question":"Marginal revenue product is the amount of money attained by selling:","choices":[{"text":"Average product","value":"A"},{"text":"Marginal product","value":"B"},{"text":"Total product","value":"C"},{"text":"Total cost","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":236546,"question":"Other tern used for demand for factor is:","choices":[{"text":"Initial demand","value":"A"},{"text":"derived demand","value":"B"},{"text":"Direct demand","value":"C"},{"text":"Cross demand","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":236545,"question":"If we multiply margina product with price we get:","choices":[{"text":"MFC","value":"A"},{"text":"MRP ","value":"B"},{"text":"TVC","value":"C"},{"text":"Both a and b","value":"D"},{"value":"E"}],"correctAnswer":2}]