National Income Accounting Test 5 Mcqs Preparation Online Malik Asghar — April 23, 2018 in Economics • add comment National Income Accounting Test 5 Mcqs Preparation Online 1. Personal disposable income is?A. Equal to personal income minus indirect taxesB. Equal to personal income minus direct taxes paid by householdC. Always equal to personal income D. Always more than personal income Loading... 2. Identify the item, which is not a factor payment?A. Imputed rent of an owner-occupied building B. Scholarships given to scheduled caste studentsC. Free uniforms to defence personnel D. Salaries and allowance to the members of Parliament Loading... 3. Identify the sector in respect of which the expenditure method is used for estimating national income in India?A. Real estate, ownership of dwellings and business servicesB. Registered manufacturing C. Construction D. Public administration and defence Loading... 4. National income estimates of India are published both at current and constant prices. What is the base year for constant price estimates published at present?A. 1980-81 B. 1970-71 C. 1985-86D. 1960-61 Loading... 5. The national income accojnts, direct personal taxes are recorded as?A. Transfer from the household sector to the government sectorB. Disbursements of the government sectorC. Receipts of the government sector and payments of the corporate sector D. Receipts of the government sector and payments of the household sector Loading... 6. If during a year the national income at constant prices goes up by 5%, while prices also rise by 5% and population registers a growth of 2%; then the real per capita income will?A. Remain constant B. Decrease by 3% C. Increase by 3%D. Rise by 2% Loading... 7. Which of the following is an example of factor-income from abroad?A. Interest earned by a non-resident Indian on his bank account in India B. Profits earned by a branch of the State Bank of India in LondonC. Money sent by an engineer employed in London to his family in Delhi D. Export of handicrafts from India to the UK Loading... 8. Which of the following is not a part of the compensation of employees?A. Leave travel allowance B. Employer's contribution to provident fund C. Payments made to visiting foreign consultant D. Pensions to retired employees Loading... 9. Transfer payments refer to payments which are made?A. Without any exchange of goods and services B. To workers on transfer from one job to another C. As compensation of employees D. None of the above Loading... 10. For which of the following sectors is the income method used for estimation of national income of Pakistan?A. Agriculture and allied activities B. Forestry C. Pushing D. Banking and insurance Loading... Loading...
