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

What term describes the year whose prices are utilized to compute the real GDP?

pipeline-1306957
bihar_police intermediate

What is the correct formula of GDP at Factor cost?

pipeline-1306959
bihar_police intermediate

What are some of the various methods of measuring National Income?

pipeline-1307886
bihar_police intermediate

Which among the following work is NOT considered in calculating national income?

pipeline-1318034
bihar_police intermediate

Which of the following statements is true about GDP?

pipeline-1307887
bihar_police intermediate

The ratio between the nominal and real GDP is called ____.

pipeline-1298620
bihar_police intermediate

Which of the following options represents the total income earned by individuals from all the sources before the deduction of personal income taxes?

pipeline-1297754
bihar_police 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).

pipeline-1306858
bihar_police intermediate

While computing the national income,___________is taken as a factor.

pipeline-1302582
bihar_police intermediate

GDP deflator =_______________

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bihar_police intermediate

New capital formation or net investment is measured as _________.

pipeline-442201
bihar_police intermediate

GNP stands for __________.

pipeline-442309
bihar_police intermediate

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

pipeline-431771
bihar_police intermediate

How is Net National Income best described?

pipeline-434446
bihar_police intermediate

What are some of the various methods of measuring National Income?

pipeline-431525
bihar_police intermediate

What is the full form of NDP?

pipeline-412998
bihar_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-1090701
bihar_police match_following intermediate

Which of the following income will not be included in national income calculation?

pipeline-1201564
rajasthan intermediate

Value of wheat in flour is a part of __________ method of measurement of its national income.

pipeline-1141543
rajasthan intermediate

What are some of the various methods of measuring National Income?

pipeline-1115379
rajasthan intermediate

Which of the following best defines Net National Income?

pipeline-1115164
rajasthan intermediate

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

pipeline-1115324
rajasthan intermediate

Which of the following best defines Net National Income?

pipeline-1115221
rajasthan intermediate

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

pipeline-1362599
up_police intermediate

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

pipeline-1347309
up_police intermediate

Which of the following is NOT included in domestic income? 

pipeline-1359499
up_police intermediate

Which of the following angles of the flow of factor payments forms the basis to estimate the national income?

pipeline-1360373
up_police intermediate

Which is the largest component of GDP?

pipeline-1351424
up_police intermediate

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

pipeline-1350321
up_police intermediate

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

pipeline-1350319
up_police intermediate

______ is the total value of goods and services produced in a country and is measured over a specific time frame.

pipeline-1346381
up_police intermediate

What are some of the various methods of measuring National Income?

pipeline-1154637
up_police intermediate

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

pipeline-1141949
up_police intermediate

__________ is the final value of all the finished goods and services produced within a country's borders in a specific time period.

pipeline-1170612
up_police intermediate

Net domestic product is calculated as _____________.
 

pipeline-1170932
up_police intermediate

______ is the total value of goods and services produced in a country and is measured over a specific time frame.

pipeline-1157394
up_police intermediate

What is the third method, in addition to the income method and expenditure method, used to calculate the aggregate value of goods and services produced in an economy?

pipeline-1156865
up_police intermediate

Which of the following income will not be included in national income calculation?

pipeline-1135308
up_police intermediate

The National Income of a nation is given by:

pipeline-1115492
up_police intermediate

Which of the following best defines Net National Income?

pipeline-1115029
up_police intermediate

What is the formula of GDP at market price?

pipeline-612990
rpf intermediate

What are some of the various methods of measuring National Income?

pipeline-654633
rpf intermediate

__________ is the final value of all the finished goods and services produced within a country's borders in a specific time period.

pipeline-539758
rpf intermediate

GNP stands for __________.

pipeline-492540
rpf intermediate

GDP is the total value of __________ during a specific period.

pipeline-490467
rpf intermediate

What are some of the various methods of measuring National Income?

pipeline-1036159
rpf intermediate

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

pipeline-99922
rpf intermediate

What is the third method, in addition to the income method and expenditure method, used to calculate the aggregate value of goods and services produced in an economy?

pipeline-99913
rpf intermediate

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

pipeline-1310703
defence intermediate

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

pipeline-1319089
defence intermediate
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