Cluster · National Income and GDP Concepts

d
Clusters / #1264
tight score 0.18

National Income Accounting Methods Concepts
Questions
346
Questions in this cluster
345 total
Question Category Subtype Difficulty

Which of the following is NOT a method of measuring national income? [Combined Graduate Level Examination Tier I 2022]

pipeline-769077
gk intermediate

The value of which of the following work is NOT recognised in the national income?
[Constable GD 2021]

pipeline-768823
gk intermediate

GDP that takes into account the costs in terms of environmental pollution and exploitation of natural resources is called __________. [CHSL 2021 Tier I]

pipeline-768646
gk intermediate

Which of the following can be considered as an example of flow variable?
(i) Production of rice
(ii) Import of cloth
(iii) Change in capital [Combined Graduate Level Examination Tier I 2023]

pipeline-768713
gk intermediate

Personal Disposable income is money that is available for household consumption,__________ and spending after accounting for income tax. [Constable GD Examination 2022]

pipeline-768706
gk intermediate

Factor cost is also known as: [MTS Non Tech Havaldar CBIC and CBN Examination 2023]

pipeline-768725
gk intermediate

Which of the following represents disposable income? [MTS Non Tech Havaldar CBIC and CBN Examination 2023]

pipeline-768359
gk intermediate

The consumption of fixed capital is also known as _________. [Combined Graduate Level Examination Tier I 2023]

pipeline-768870
gk intermediate

Which of the following is true? [CHSL 2021 Tier I]

pipeline-769068
gk intermediate

What is Net National Product? [Combined Graduate Level Examination Tier I 2023]

pipeline-768861
gk intermediate

The relationship between which of the following is correct? [CHSL Exam 2024 Tier I]

pipeline-768679
gk intermediate

Which of the following is correct regarding the Private Income? [CHSL Exam 2022 Tier I]

pipeline-769120
gk intermediate

What is personal income? [MTS Non Tech Havaldar CBIC and CBN Examination 2023]

pipeline-769094
gk intermediate

______, is the annual allowance for wear and tear of a capital good.
[Constable GD 2021]

pipeline-768408
gk intermediate

Which of the following formulas is correct for Gross Value Added? [MTS Non technical and Havaldar Examination 2021]

pipeline-768506
gk intermediate

What correctly defines change of inventories of a firm during a year? [Combined Graduate Level Examination Tier I]

pipeline-768648
gk intermediate

Private income minus tax payment minus non-tax payment will give us the estimate for ______. [Junior Engineer 2024 Mechanical Paper I]

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gk intermediate

When the ‘transboundary economic activities’ of an economy and depreciation are included in the account, the aggregate measure is known as ____________. [MTS Non-Tech Havaldar CBIC and CBN Examination 2023]

pipeline-768358
gk intermediate

What is net investment? [Combined Graduate Level Examination Tier I]

pipeline-768441
gk intermediate

Each of the following statements includes two terms. In three cases, the two terms mean the same as each other. In which of the following cases do the two terms NOT mean the same as each other? [Combined Graduate Level Examination Tier I]

pipeline-768318
gk intermediate

Why are the intermediate goods NOT included in the National Income? [SICPO Paper I 2024]

pipeline-768570
gk intermediate

Which of the following is a correct statement? [Combined Graduate Level Examination Tier I]

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gk intermediate

Personal disposable income (PDI) can be defined as ________. [Combined Graduate Level Examination Tier I 2022]

pipeline-768990
gk intermediate

Which of the following statements is correct regarding Depreciation ?
I. Depreciation is termed as loss of value of fixed assets due to wear and tear during its useful
life.
II. Depreciation does not take into account unexpected or sudden destruction.

[SSC GD 2024]

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gk intermediate

An annual allowance for wear and tear of a capital goods is known as ______.

[SSC MTS 2022]

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gk intermediate

In the given expression of GDP according to the expenditure method, which of the following represents the aggregate imports expenditure incurred by the economy ?
C + I + G + X - M

[SSC CHSL 2022]

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gk intermediate

The consumption of fixed capital is also known as _________.

[SSC CGL 2023]

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gk intermediate

While calculating Net National Product (NNP), what is subtracted from Gross National Product (GNP)?

[SSC GD 2024]

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gk intermediate

The product method used to calculate the annual value of goods and services produced is also called ____________.

[SSC MTS 2022]

pipeline-1185497
gk intermediate

What is subtracted from GDP to arrive at NDP?

[SSC CGL 2024]

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gk intermediate

_______is the money that is available from an individual's salary after he/she pays local, state, and federal taxes.

[RRC GROUP D]

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gk intermediate

NDP = ____.

[SSC CGL 2024]

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gk intermediate

A good indicator of economic growth is steady increase in the_________ .

[RRB NTPC CBT]

pipeline-1185491
gk intermediate

Which of the following is the correct sequence of national income from broader to narrower concepts?

[SSC CHSL 2023]

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gk intermediate

Which of the following is not included in domestic income?

[SSC CGL 2023]

pipeline-1185492
gk intermediate

National income at constant prices means:

[SSC CHSL 2024]

pipeline-1185495
gk intermediate

What correctly defines change of inventories of a firm during a year ?

[SSC CGL 2024]

pipeline-1185561
gk intermediate

Personal disposable income (PDI) can be defined as ________.

[SSC CGL 2022]

pipeline-1185482
gk intermediate

Factor cost is also known as:

[SSC MTS 2023]

pipeline-1185484
gk intermediate

Which of the following is INCORRECT about NNP (Net National Product)?

[RRB NTPC CBT]

pipeline-1185481
gk intermediate

In the estimation of national income, which of the following items will be subtracted from NNP at market price?

[SSC CHSL 2023]

pipeline-1185485
gk intermediate

According to the Output Method, GDP is calculated as:

[SSC CGL 2021]

pipeline-1185480
gk intermediate

Which of the following is correct regarding Personal Disposable Income?

[SSC GD 2022]

pipeline-1185708
gk intermediate

Which of the following is NOT a method of measuring national income?

[SSC CGL 2022]

pipeline-1185479
gk intermediate

What is personal income ?

[SSC MTS 2023]

pipeline-1185489
gk intermediate

Personal Disposable income is money that is available for household consumption,__________ and spending after accounting for income tax.

[SSC GD 2022]

pipeline-1185486
gk intermediate

The Net National Product can be calculated by subtracting Depreciation from _____ .

[NTPC CBT 2]

pipeline-1185477
gk intermediate

The aggregate value of goods and services produced in an economy can be calculated by three methods: income method, expenditure method and ______ method.

[SSC CGL 2019]

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gk intermediate

National income received by the households is called_______.

[SSC MTS 2022]

pipeline-1185478
gk intermediate

Change in the inventory of a firm is treated as_________.

[SSC MTS 2022]

pipeline-1185487
gk intermediate
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