Cluster · National Income and GDP Concepts
| Question | Category | Subtype | Difficulty | |
|---|---|---|---|---|
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_______________ is an indicator used by experts to gauge the number of people dying prematurely due to a particular disease. [SSC GD 2022] pipeline-1184041
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science | — | intermediate | |
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What is the formula of GDP at market price? pipeline-123738
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reasoning | — | intermediate | |
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What term describes the year whose prices are utilized to compute the real GDP? pipeline-366584
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reasoning | — | intermediate | |
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Name the Nobel Prize-winning American economist whose report to the US Congress titled “National Income, 1929-35" paved the way for the calculation of Gross Domestic Product (GDP) as the ultimate measure of a country’s overall welfare. pipeline-4629
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reasoning | — | intermediate | |
|
What is the correct formula of GDP at Factor cost? pipeline-124617
|
reasoning | — | intermediate | |
|
The primary purpose of using GDP is to: pipeline-334516
|
reasoning | — | intermediate | |
|
What term is used to refer to the GDP value calculated at the current prevailing prices? pipeline-387888
|
reasoning | — | intermediate | |
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Calculate the GDP at factor cost given in the following data. pipeline-768254
|
gk | — | intermediate | |
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GVA is the measure of the value of goods and services produced in an area, industry or sector of an economy. What is the full form of GVA? pipeline-768303
|
gk | — | intermediate | |
|
What is the year whose prices are used to calculate the real GDP called? [MTS Non technical and Havaldar Examination 2021] pipeline-768108
|
gk | — | intermediate | |
|
Which of the following is true about transfer payments in relation to personal income? [MTS Non Tech Havaldar CBIC and CBN Examination 2023] pipeline-768344
|
gk | — | intermediate | |
|
Real GDP is a measure of a country's total ______. [Constable GD 2021] pipeline-768229
|
gk | — | intermediate | |
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The year whose prices are being used to calculate the real GDP is called ______. [Combined Graduate Level Examination Tier I 2022] pipeline-768070
|
gk | — | intermediate | |
|
In the expenditure method, GDP ≡ Sum total of all the final _____ received by the firms in the economy. [Constable GD Examination 2022] pipeline-768386
|
gk | — | intermediate | |
|
What is subtracted from GDP to arrive at NDP? [Combined Graduate Level Examination Tier I] pipeline-768788
|
gk | — | intermediate | |
|
Which of the following is NOT included in inventory investment when calculating national income? [SICPO Paper I 2023] pipeline-768617
|
gk | — | intermediate | |
|
In ______ method of calculating national income, we calculate the aggregate annual value of goods and services produced (if a year is the unit of time). [Constable GD Examination 2022] pipeline-768638
|
gk | — | intermediate | |
|
The value of all final goods and services produced within a country is called the: pipeline-768606
|
gk | — | intermediate | |
|
The money value of all the final goods and services produced within the country during a particular year is called _________. [Constable GD 2021] pipeline-768579
|
gk | — | intermediate | |
|
Which of the following is NOT one of the methods of national income estimation? [Combined Graduate Level Examination Tier I 2022] pipeline-768440
|
gk | — | intermediate | |
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Nominal GDP is an assessment of economic production in an economy that includes _______ in its calculations. [Constable GD 2021] pipeline-768787
|
gk | — | intermediate | |
|
GDP deflator = _________ [Combined Graduate Level Examination Tier I 2023] pipeline-768748
|
gk | — | intermediate | |
|
Which of the following is the correct formula for calculating NNP? [CHSL Exam 2024 Tier I] pipeline-768487
|
gk | — | intermediate | |
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Which of the following is the total value of goods and services produced by a country during a financial year? pipeline-768773
|
gk | — | intermediate | |
|
_________ measures the aggregate production of final goods and services taking place within the domestic economy during a year. [Combined Graduate Level Examination Tier I 2022] pipeline-768831
|
gk | — | intermediate | |
|
The value of all final goods and services produced within the country during one year is known as __________. [MTS Non Tech Havaldar CBIC and CBN Examination 2023] pipeline-768331
|
gk | — | intermediate | |
|
Why is it important to distinguish between final and intermediate goods/services in national income accounting? [MTS Non Tech Havaldar CBIC and CBN Examination 2023] pipeline-768154
|
gk | — | intermediate | |
|
Which of the following is NOT included in domestic income? [Combined Graduate Level Examination Tier I 2023] pipeline-768201
|
gk | — | intermediate | |
|
Personal income of households can be calculated in which of the following ways? [CHSL Exam 2022 Tier I] pipeline-768325
|
gk | — | intermediate | |
|
Net Investment plus Depreciation gives an estimate of which of the following? [Combined Graduate Level Examination Tier I 2023] pipeline-768380
|
gk | — | intermediate | |
|
______ is calculated by dividing the nominal GDP in a given year by the real GDP for the same year and multiplying it by 100. [CHSL Exam 2022 Tier I] pipeline-768113
|
gk | — | intermediate | |
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What is the domestic income if national income is ₹10,000 crore and net factor income from abroad is ₹2,000 crore? [CHSL 2021 Tier I] pipeline-768829
|
gk | — | intermediate | |
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_____ at Market Price refers to the sum total of factor incomes earned by residents of a country during an accounting year including net indirect taxes. [CHSL Exam 2024 Tier I] pipeline-768129
|
gk | — | intermediate | |
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Which of the following is NOT included in the value added method of calculating national income? [CHSL 2021 Tier I] pipeline-768373
|
gk | — | intermediate | |
|
In economics, what is the full form of GNP? [Constable GD 2021] pipeline-768148
|
gk | — | intermediate | |
|
NDP = _________. [Combined Graduate Level Examination Tier I] pipeline-768258
|
gk | — | intermediate | |
|
The GDP estimation method measuring the aggregate value of goods and services produced by the firms is called _______. [Combined Graduate Level Examination Tier I 2022] pipeline-768465
|
gk | — | intermediate | |
|
GDP can be expressed in two different ways, nominal GDP and _____. pipeline-768577
|
gk | — | intermediate | |
|
National Income = C (household consumption) + G(____________) + I (investment expense) + NX (net exports). [Constable GD Examination 2022] pipeline-768105
|
gk | — | intermediate | |
|
______ ≡ Sum total of gross value added of all the firms in the economy [Constable GD Examination 2022] pipeline-768287
|
gk | — | intermediate | |
|
In the Gross Domestic Product (GDP) measurement expression as per the expenditure method, which of the following represents the total expenditure made by the economy on imports? pipeline-768644
|
gk | — | intermediate | |
|
GDP is primarily used to: pipeline-768404
|
gk | — | intermediate | |
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Why are intermediate goods NOT included in the calculation of national income? [MTS Non Tech Havaldar CBIC and CBN Examination 2023] pipeline-768293
|
gk | — | intermediate | |
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The value of GDP at the current prevailing prices is called _______. [Combined Graduate Level Examination Tier I 2022] pipeline-768740
|
gk | — | intermediate | |
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Which method of calculating the national income is also known as ‘Industrial Origin Method’? [CHSL 2021 Tier I] pipeline-768256
|
gk | — | intermediate | |
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What is the use of Net National Product (NNP)? [CHSL Exam 2024 Tier I] pipeline-768422
|
gk | — | intermediate | |
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Which of the following is used to measure the total output of goods and services in an economy including depreciation during a specific period within country? [MTS Non Tech Havaldar CBIC and CBN Examination 2023] pipeline-768423
|
gk | — | intermediate | |
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Which of the following is correct regarding net national product? [Constable GD Examination 2022] pipeline-768071
|
gk | — | intermediate | |
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The value of which of the following work is NOT recognised in the national income? pipeline-768823
|
gk | — | intermediate | |
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Which of the following is NOT a method of measuring national income? [Combined Graduate Level Examination Tier I 2022] pipeline-769077
|
gk | — | intermediate |