National Income Accounting Test 2 Mcqs Preparation Online Malik Asghar — April 23, 2018 in Economics • add comment National Income Accounting Test 2 Mcqs Preparation Online 1. Which of the following is an expenditure on intermediate consumption?A. Purchase of coal by a steel factory B. Purchase of coal by a household C. All of the aboveD. Purchase of coal by a dealer in coal Loading... 2. Subsistence production refers to?A. Production of necessities of life B. Production for self-consumption only C. Low levels of productionD. Exports equaling imports Loading... 3. Departmental enterprises are a part of the?A. Non-profit institutions serving householdsB. Non-profit public institutions C. General government D. Corporate sector Loading... 4. Which of the following are durable use producer-goods?A. Fodder for cattleB. Fertilisers C. Tractors D. Diesel oil Loading... 5. Which of the following is a departmental enterprise of the Government of India?A. Food Corporation of IndiaB. Indian Oil Corporation C. Reserve Bank of India D. Indian Railways Loading... 6. Collective wants include?A. Newspapers B. Defence of a countryC. Sum total of all goods and services wanted by individuals D. Goods like refrigerators shared by members of a family Loading... 7. In which of the following sectors does production for self-consumption generally take place?A. Government administrative enterprises B. House-holdsC. Non-departmental public enterprises D. Private corporate sector Loading... 8. Which of the following is not a corporate enterprise?A. Municipal Corporation of Delhi B. Life Insurance Corporation of IndiaC. Tata Iron and Steel Company D. Food Corporation of India Loading... 9. Expenditure on the purchase of new replacement parts of machinery installed by a firm is part of?A. Intermediate consumption B. Consumption of capital C. Fixed capital formation D. Final consumption Loading... 10. Demand for intermediate consumption arises in?A. Government enterprises only B. All producing sectors of the economyC. Corporate enterprises only D. Consumer households Loading... Loading...
