National Income Accounting Test 6 Mcqs Preparation Online Malik Asghar — April 23, 2018 in Economics • add comment National Income Accounting Test 6 Mcqs Preparation Online 1. While estimating personal income from national income, which of the following items need to be deducted?A. Direct Taxes paid by households B. Net indirect taxes C. Corporate profitstaxD. Dividends Loading... 2. Which of the following is not included while estimating national income by the expenditure methods?A. Net indirect tax B. Defence expenditure C. Investment in shares of a new company D. Net exports Loading... 3. If GNP at market prices is Rs 1200 crore, and fixed capital stock is worth Rs 2000 crore which depreciates at the rate of 10% per annum and the net indirect taxes amount is Rs 150 crore. What is the national income?A. Rs 3050 crore B. Rs 850 croreC. Rs 1000 crore D. Rs 2850 crore Loading... 4. For the estimation of private income which of the following items has to be added to national income?A. Savings of the non-departmental enterprises B. Income from property accruing to government C. Interest on national debtD. Subsidies Loading... 5. Net national product at factor cost is?A. Less than national income B. Always more than the gross national productC. Equal to national income D. More than national income Loading... 6. While estimating national income by the income method one of the following is not included. Identify it?A. Mixed income of the self employed B. Inheritance tax or death duty C. Income of employees of voluntary organisationsD. Interest on bonds of a foreign company Loading... 7. National income differs from the net national product at market prices by the amount of?A. Current transfers from rest of the world B. It does not differC. Net indirect taxes D. National debt interest Loading... 8. If net factor income from abroad is zero, then?A. National product is zero B. National product is constantC. National product is equal to domestic product D. Domestic product is zero Loading... 9. Which of the following has to be added to national income to obtain the net national disposable income?A. Net current transfers from the rest of the worldB. Profits of public enterprises C. Income from property and entrepreneurship accruing to GovernmentD. Loans from public Loading... 10. Which of the following is deducted while estimating national income by the value-added method?A. Imputed rental value of owner-occupied buildingB. Consumption of capitalC. Value of goods and services produced for self-consumptionD. Net factor income from abroad Loading... Loading... Related NTS Results Post:National Income Accounting Test 7 Mcqs Preparation OnlineNational Income Accounting Test 4 Mcqs Preparation OnlineNational Income Accounting Test 5 Mcqs Preparation OnlineNational Income Accounting Test 3 Mcqs Preparation OnlineNational Income Accounting Test 2 Mcqs Preparation OnlineNational Income Accounting Test 1 Mcqs Preparation OnlineNational Income Accounting Test 8 Mcqs Preparation OnlineNational Income Test 2 Online Mcqs Preparation
