Calculate the GDP at factor cost given in the following data.
GDP at market price = 600 crores
Consumption of fixed capital = 100 crores
Indirect taxes = 200 crores
Subsidies = 50 crores

[SSC CPO 2023]

Which of the following terms define the Real National Income?

[RRC GROUP D]

National income accounting is a bookkeeping system to measure the level of the country's ______activity in a given time period.

[SSC GD 2022]

Net domestic product is calculated as________.

[SSC CHSL 2023]

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

[SSC GD 2024]

Which of the following options does NOT constitute a national income measurement method?

[SSC MTS 2022]

According to the Output Method, GDP is calculated as:

[SSC CGL 2021]

Which of the following is not included in domestic income?

[SSC CGL 2023]

What does GNP stand for ?

[SSC CGL 2019]

If GNP is 16% higher than the last year and the rate of inflation is 9%, production in the economy has grown by :

[SSC CGL 2024]

Which of the following elements is NOT included in the circular flow of Income in a simple economy?

[NTPC CBT 2]

What is Gross Domestic Product (GDP) in the context of National Income Accounting?

[SSC MTS 2024]

The value of GDP at the current prevailing prices is called_________.

[SSC CGL 2022]

Which of the following represents disposable income?

[SSC MTS 2023]

Which of the following is true about disposable income in relation to personal income?

[SSC MTS 2022]

_______ is calculated by dividing the nominal GDP in a given year by the real GDP for the same year and multiplying it by 100.

[SSC CHSL 2022]

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

[SSC CGL 2024]

The value of all final goods and services produced within the country during one year is known as ________.

[SSC MTS 2023]

National income at constant prices means:

[SSC CHSL 2024]

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]

The consumption of fixed capital is also known as _________.

[SSC CGL 2023]

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

[SSC MTS 2022]

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

[SSC GD 2022]

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

[RRC GROUP D]

What is subtracted from GDP to arrive at NDP?

[SSC CGL 2024]

Which of the following is NOT true about the circular flow of income in a two-sector economy?

[RRB NTPC CBT]

The_____ of a firm during a year ≡ production of the firm during the year — sale of the firm during the year.

[SSC GD 2024]

Which of these is not a flow concept?

[SSC CHSL 2023]

GDP is an indicator of a country's economy. What does 'D' in GDP stand for?

[SSC MTS 2022]

The total value of _______ goods and services produced in a year, indicates national income.

[SSC GD 2022]

The value of the gross investment in order to accommodate regular wear and tear of capital is called:

[RRB NTPC CBT]

Macroeconomics deals with which of the following studies?
I. Reasons behind the unemployment of resources
Il. Determination of total output

[SSC CHSL 2022]

Depreciation is an annual allowance for the wear and tear of ______.

[SSC CGL 2019]

The value added of a firm is calculated as _________.

[SSC CHSL 2022]

Which is the most commonly used measure for the size of the economy?

[RRC GROUP D]

Personal income of households can be calculated in which of the following ways?

[SSC CHSL 2022]

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 ?

[SSC MTS 2023]

The year whose prices are being used to calculate the real GDP is called ______.

[SSC CGL 2022]

Equilibrium national income occurs where aggregate supply ________.

[NTPC CBT 2]

Which is the most commonly used measure for the size of the economy?

[RRC GROUP D]

Net Investment plus Depreciation gives an estimate of which of the following

[SSC CGL 2023]

Which of the following is correct regarding the Private Income?

[SSC CHSL 2022]

GDP is an indicator of a country's economy. What does 'D' in GDP stand for?

[SSC MTS 2022]

NDP at FC plus net factor income from abroad is equal to _______ .

[SSC CHSL 2023]

Match the concepts in column A with their respective descriptions in column B.
Column A Column B
a. Gross national product 1. Annual income received by the individual's
production in a given period
b. Net national product 2. After the tax of personal income
c. Personal income 3. Money value of the national output
d. Disposable personal income 4. Net production of goods services during the year

[SSC CGL 2024]

Which cost is considered for calculating the national income in India?

[SSC CHSL 2024]

The year whose prices are being used to calculate the real GDP is called ______.

[SSC CGL 2022]

Which of the following is NOT one of the methods of national income estimation?

[SSC CGL 2022]

The value of the Gross Domestic Product (GDP) of India is published by PIB in ______.

[SSC CGL 2021]

The value of the Gross Domestic Product (GDP) of India is published by PIB in ______.

[SSC CGL 2021]