Cluster · National Income and GDP Concepts

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Clusters / #1264
tight score 0.18

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

The value added of a firm is calculated as _________.

[SSC CHSL 2022]

pipeline-1185273
gk intermediate

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

[SSC CHSL 2023]

pipeline-1185274
gk intermediate

Which of these expressions is correct?

[SSC CHSL 2023]

pipeline-1185276
gk intermediate

If we deduct depreciation from GNP the measure of aggregate income that we obtain is called _______ .

[SSC MTS 2022]

pipeline-1185277
gk intermediate

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]

pipeline-1185279
gk intermediate

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

[SSC MTS 2022]

pipeline-1185320
gk intermediate

Equilibrium national income occurs where aggregate supply ________.

[NTPC CBT 2]

pipeline-1185321
gk intermediate

Which of these is not a flow concept?

[SSC CHSL 2023]

pipeline-1185323
gk intermediate

GDP deflator = _______

[SSC CGL 2023]

pipeline-1185326
gk intermediate

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

[SSC CHSL 2022]

pipeline-1185328
gk intermediate

Which of the following is correct regarding the Private Income?

[SSC CHSL 2022]

pipeline-1185329
gk intermediate

Which of the following is added in the national income to obtain personal income of the households?

[SSC CGL 2022]

pipeline-1185332
gk intermediate

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

[SSC CGL 2022]

pipeline-1185333
gk intermediate

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

[SSC GD 2022]

pipeline-1185335
gk intermediate

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

[SSC CGL 2021]

pipeline-1185336
gk intermediate

Identify the true statement.

[SSC CHSL 2023]

pipeline-1185338
gk intermediate

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

[SSC CHSL 2022]

pipeline-1185339
gk intermediate

The time period of ___________ year(s) is taken into account in the calculation of national income.

[SSC GD 2022]

pipeline-1185342
gk intermediate

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

[SSC MTS 2022]

pipeline-1185403
gk intermediate

Equilibrium national income occurs where aggregate supply ________.

[NTPC CBT 2]

pipeline-1185404
gk intermediate

What is Net National Product (NNP) ?

[RRB NTPC CBT]

pipeline-1185405
gk intermediate

Which of these is not a flow concept?

[SSC CHSL 2023]

pipeline-1185406
gk intermediate

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

[RRB NTPC CBT]

pipeline-1185407
gk intermediate

GDP deflator = _______

[SSC CGL 2023]

pipeline-1185409
gk intermediate

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

[SSC CHSL 2022]

pipeline-1185411
gk intermediate

Which of the following is correct regarding the Private Income?

[SSC CHSL 2022]

pipeline-1185412
gk intermediate

Which of the following is NOT a component of investment ?

[SSC CHSL 2023]

pipeline-1185414
gk intermediate

Which of the following is added in the national income to obtain personal income of the households?

[SSC CGL 2022]

pipeline-1185415
gk intermediate

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

[SSC CGL 2022]

pipeline-1185416
gk intermediate

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

[RRC GROUP D]

pipeline-1185417
gk intermediate

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

[SSC CGL 2021]

pipeline-1185419
gk intermediate

Identify the true statement.

[SSC CHSL 2023]

pipeline-1185421
gk intermediate

The subject of the Study of Macroeconomics is based on which principle?

[SSC CGL 2022]

pipeline-1184971
gk intermediate

Addition to the stock of capital of a firm is known as______.

[SSC GD 2024]

pipeline-1184986
gk intermediate

Which of the following can be considered part of the parallel economy?

pipeline-1306199
mp_police intermediate

Match the following:

Column A Column B
1. Income Method A. Total consumption, investment, and government spending
2. Expenditure Method B. GDP plus net income from abroad
3. Gross National Product (GNP) C. GDP minus depreciation
4. Net Domestic Product (NDP) D. Total wages, rents, interests, and profits
pipeline-1306000
mp_police match_following intermediate

_____ accounts for the difference between the concept of market price and factor cost in national income measurement.

pipeline-1305999
mp_police intermediate

A country has a GNP greater than GDP. Which of the following is a valid interpretation?

pipeline-1305799
mp_police intermediate

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

pipeline-1270049
mp_police intermediate

Which is the largest component of GDP?

pipeline-1324051
bihar_police intermediate

Which of the following concepts refers to the income earned by the factors of production at factor cost in the form of wages, profits, rent, interest, etc., within the domestic territory of a country?

pipeline-1324049
bihar_police intermediate

Which method of national income accounting involves classifying production centres into primary, secondary and tertiary sectors?

pipeline-1332282
bihar_police intermediate

What is the term for the national income that is determined at the base year price level?

pipeline-1332284
bihar_police intermediate

Which of the following is correct?

pipeline-1335747
bihar_police intermediate

Which of the following can be considered part of the parallel economy?

pipeline-1318205
bihar_police intermediate

_____ 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.

pipeline-1323957
bihar_police intermediate

A country has a GNP greater than GDP. Which of the following is a valid interpretation?

pipeline-1323752
bihar_police intermediate

If we deduct depreciation from GNP the measure of aggregate income that we obtain is called ______.

pipeline-1323847
bihar_police intermediate

_____ accounts for the difference between the concept of market price and factor cost in national income measurement.

pipeline-1318109
bihar_police intermediate

The term used to describe the year whose prices are utilized in computing real GDP is ________.

pipeline-1306951
bihar_police intermediate
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