Economics National Income Accounting Test 1 Mcqs Preparation Online 0 National Income Accounting Test 1 Mcqs Preparation Online 1. Who among the following is a non-resident of India?A. The Indian manager of the Punjab National Bank branch office in London B. A person of Indian origin working at the World Bank, Washington, DC C. An Indian tourist in EuropeD. A person of Indian origin employed in the UNO office at New Delhi Loading... 2. Which of the following is closest to the concept of economic production?A. Addition to the stock of goods and services for future useB. Addition to the value of commodities C. Sale of goods and services for profit D. Manufacture of goods Loading... 3. The traditional economy is characterised by?A. Division of labour and specialisation B. Capital-intensive process of production C. Increasing state interventionD. Organisation of production for self-consumption Loading... 4. Corporate enterprises refer to?A. Business houses that are independent of their ownersB. Business houses maintaining a separate profit and loss account C. Business houses that obtain loans from the public D. Business houses that obtain loans from a bank Loading... 5. Which of the following is a characteristic feature of a modern economy?A. Diversity in production of commoditiesB. Self-sufficient village economy C. Predominance of agriculture D. Diversity in production of commodities D. Static technology Loading... 6. Identify economic stock from among the following?A. Bank deposit of a householdB. Purchase of food grains by a household C. Production of food grains during the Kharif season D. Depreciation of machinery Loading... 7. A closed economy is one which?A. Does not have a coastal line B. Does not possess any means of international transport C. Does not trade with other countries D. Is not a member of the United Nations Organisation Loading... 8. Which of the following is an economic activity?A. Medical facilities rendered by a charitable dispensaryB. Listening to music on the radioC. A housewife doing household duties D. Teaching one's own child at home Loading... 9. Purchase of a ceiling fan by a household is treted in national income accounting as a part of?A. Consumption at the time of its purchase B. Capital formation C. Intermediate consumptionD. Consumption over a long period of time Loading... 10. Which of the following is an economic flow?A. Population of a countryB. Current account of a household in a bank C. Demand for machineryD. National capital Loading... Loading... Related PostsNational Income Accounting Test 2 Mcqs Preparation OnlineNational Income Accounting Test 3 Mcqs Preparation OnlineNational Income Accounting Test 4 Mcqs Preparation OnlineNational Income Accounting Test 5 Mcqs Preparation OnlineNational Income Accounting Test 6 Mcqs Preparation OnlineNational Income Accounting Test 7 Mcqs Preparation OnlineNational Income Accounting Test 8 Mcqs Preparation OnlineNational Income Test 1 Online Mcqs PreparationNational Income Test 2 Online Mcqs PreparationNational Income Test 3 Online Mcqs Preparation Continue Reading Previous Money Banking and International Trade Test 7 Mcqs Preparation OnlineNext National Income Accounting Test 2 Mcqs Preparation Online More Stories Economics Economics Quiz 04 Preparation Online 0 Economics Economics Quiz 03 Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ
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