National Income Accounting | Chapter 2 | Class 12 | Social Science | Economics

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In this test paper, we will practice our learning of National Income Accounting | Chapter 2 | Class 12 | Social Science | Economics. These MCQ questions are prepared Based on latest exam Pattern for General Studies and GK preparation of SSC, NDA, CDS, UPSC, UPPSC and State PSC Examinations.

In this test paper, we will practice our learning of National Income Accounting | Chapter 2 | Class 12 | Social Science | Economics. These MCQ questions are prepared Based on latest exam Pattern for General Studies and GK preparation of SSC, NDA, CDS, UPSC, UPPSC and State PSC Examinations.

Questions

1. GNP at MP = ______

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2. NDPMP = ________

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3. NNPMP = ________

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4. GDPFC =

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5. NDPFC =

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6. NNPFC =

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7. Which of the following is the method of measuring National Income?

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8. Why are the intermediate goods not included in the National Income while measuring National Income?

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9. Who had made the first attempt at National Income Accounting?

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10. Calculation of National Income at Market Prices is known as _________

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11. Accounting of National Income at constant prices is known as ________

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12. Which of the following items are excluded from GNP measurement?

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13. The subject of the Study of Macro Economics is:

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14. Macro Economics Studies:

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15. General Price Level is studied in:

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16. Employment Theory is related to :

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17. Increase in Stock of Capital is known as:

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18. Which of the following is sPktock ?

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19. Which one of the following is included in circular flow?

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20. Which one of the following is included in ‘Stock’?

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21. Which one is included inflow ?

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22. Which of the following is included in real flow?

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23. Which services are provided by families to a firm?

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24. Which one is included in the three-sector model?

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25. Which one is included in the four-sector model?

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26. Which is the equilibrium condition of circular flow in the four sector model?

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27. The primary sector includes:

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28. For a four sector or open economy the condition for equilibrium is:

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29. Which service is included in Tertiary Sector?

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30. Which of the following is not flow?

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31. The market price of all final goods of a country in a year is known as:

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32. Which one is true?

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33. GNPMp =?

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34. NNPMP = ?

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35. Depreciation expenses are included in:

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36. NDPFC = ?

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37. Net National Income at Factor Cost is called?

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38. Which one is included in National Income?

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39. What is the consumption of fixed capital called?

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40. Which of the following is correct?

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41. If for a country net factor income from abroad is negative then:

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42. The market value of all final goods and services produced in an economy over a year is called :

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43. Which method is adopted in measuring National Income?

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44. Which sector is included in an economy?

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45. Which of the following is not included in the calculation of Gross National Product?

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46. Which one of the following services are included in the Secondary Sector?

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47. Which one is included in Primary Sector?

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48. To include the value of goods or services more than one time while calculating National Income is called :

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49. Which one is a component of profit?

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50. Which one is included in National Income?

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51. Which one is included in the calculation of National Income?

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52. Which one is the limitation of Macro Economics?

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53. Macro-economics is the study of:

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54. Out of the following which is not a flow:

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55. From the following which method is used for measuring national income:

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56. Which of the following is included in the primary sector:

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57. Total national income divided by total population is known as:

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58. Production enterprises are divided in:

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