National Income Accounting Test 3 Mcqs Preparation Online Malik Asghar — April 23, 2018 in Economics • add comment National Income Accounting Test 3 Mcqs Preparation Online 1. Sale of old newspapers by a household is a part of?A. Transfer paymentsB. Value added by the household sector C. Capital formation D. Net final consumption expenditure of the household Loading... 2. Which of the following constitutes a part of domestic fixed capital formation?A. Net purchase of second-hand physical assets from abroad B. Net purchase of second-hand assets by corporate enterprises C. Accumulation of stocks of fertilisersD. Expenditure on new parts of physical assets Loading... 3. Purchases made by the US Embassy in India are part of?A. Domestic consumption expenditure B. Exports from India to the USAC. Transfer payments D. Net factor earnings from abroad Loading... 4. Which of the following activities of a farmer is an example of intermediate consumption?A. Payment of interest to a co-operative bank B. Purchase of tractor C. Electricity charges for operating a pump D. Wages paid to workers at harvesting time Loading... 5. Which of the following is included in the consumption of fixed capital?A. Fall in the price of machinery and other stocksB. Destruction of buildings in an earthquake C. Expenditure on repairs and maintenance D. Normal wear and tear machinery while in use Loading... 6. Demand for final consumption arises in?A. Government sector only B. Both (a) & (b) C. Household sector only D. All sectors Loading... 7. Gross domestic fixed-capital formation does not include?A. Net imports of second-hand machinery from abroad B. Net purchase of second hand machinery by private corporate sector from Government C. Construction of new roads and bridgesD. Own account production of news assets Loading... 8. Direct purchases abroad made by the government on current account are a part of?A. Net factor payments abroad B. Final consumption C. Current transfers from the rest of the worldD. Investments Loading... 9. Imputed rental value of owner occupied dwellings is a part of?A. Intermediate consumption B. Expenditure on consumer durablyC. Capital formation D. Final consumption Loading... 10. Which of the following is not a part of net investment in an economy?A. Purchase of old shares B. Purchase of a wall-clock by a factory C. Increasing the storage of raw materialsD. Purchase of wall-clock by a household Loading... Loading...
