General Knowledge On National Income | Net National Product | NNP | GNP | NDP | MP | NFIA | NIT |
National Income General Knowledge
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1.The value of NNP at consumer point is
a. NNP at factor cost
b. NNP at market price
c. GNP at market price
d. GNP at factor cost
2.NDP at MP = ________
(A) GDP at MP – Depreciation
(B) GDP at FC + Net factor income from abroad
(C) NNP at FC + Net indirect taxes
(D) All of these
3.NNP at MP = ________
(A) GNP at MP – Depreciation
(B) NDP at MP + Net factor income from abroad
(C) NNP at FC + Net indirect taxes
(D) All of these
4.GDP at FC = ?
(A) GDP at MP – Net indirect taxes
(B) GDP at MP + Net indirect taxes
(C) GDP at MP + Subsidies
(D) GDP at MP – Indirect taxes
5.NDP at FC = ?
(A) GDP at FC – Indirect taxes
(B) GDP at FC – Depreciation
(C) GDP at FC + Economic subsidy
(D) All of these
6.NNP at FC = ?
(A) GNP at FC + Depreciation
(B) NNP at MP + Economic subsidy – Indirect taxes
(C) NDP at MP + Net factor income from abroad
(D) All of these
7.{(GDP at MP+NFIA)-NIT}-Depreciation=?
a)NDP @ FC
b)NDP @ MP
c)NNP @ FC
d)NNP @ MP
8.{(GDP@FC + Indirect Tax - subsidy)-Depreciation}+NFIA=?
a) NNP @ FC
b) NNP @ MP
c) GDP at MP
d)GDP at FC
9.National Income(Y) formula in the expenditure method...
a)Y=C+G+I+X
b)Y=C+G+I+X+M
c)Y=C+G+I+(X-M)
d)All of the above
10. (NDP@FC - Depreciation)+NFIA=?
a)GNP @ FC
b)GNP @ MP
c)NDP @ MP
d)None of these
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