Economics National Income Accounting Test 6 Mcqs Preparation Online National Income Accounting Test 6 Mcqs Preparation Online 1. Which of the following is deducted while estimating national income by the value-added method?A. Value of goods and services produced for self-consumptionB. Net factor income from abroad C. Imputed rental value of owner-occupied buildingD. Consumption of capital Loading... 2. National income differs from the net national product at market prices by the amount of?A. It does not differB. Net indirect taxes C. National debt interest D. Current transfers from rest of the world Loading... 3. 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. Interest on national debtC. Income from property accruing to government D. Subsidies Loading... 4. While estimating personal income from national income, which of the following items need to be deducted?A. Corporate profitstaxB. Direct Taxes paid by households C. Net indirect taxes D. Dividends Loading... 5. 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. Income of employees of voluntary organisationsC. Inheritance tax or death duty D. Interest on bonds of a foreign company Loading... 6. Net national product at factor cost is?A. Less than national income B. Equal to national income C. More than national income D. Always more than the gross national product Loading... 7. Which of the following is not included while estimating national income by the expenditure methods?A. Defence expenditure B. Investment in shares of a new company C. Net indirect tax D. Net exports Loading... 8. 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 1000 crore B. Rs 3050 crore C. Rs 2850 crore D. Rs 850 crore Loading... 9. If net factor income from abroad is zero, then?A. National product is zero B. Domestic product is zero C. National product is equal to domestic product D. National product is constant Loading... 10. 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. Loans from publicC. Income from property and entrepreneurship accruing to GovernmentD. Profits of public enterprises Loading... Loading... Related PostsNational Income Accounting Test 3 Mcqs Preparation OnlineNational Income Accounting Test 1 Mcqs Preparation OnlineNational Income Accounting Test 8 Mcqs Preparation OnlineNational Income Accounting Test 7 Mcqs Preparation OnlineNational Income Accounting Test 5 Mcqs Preparation OnlineNational Income Accounting Test 2 Mcqs Preparation Online Continue Reading Previous National Income Accounting Test 5 Mcqs Preparation OnlineNext National Income Accounting Test 7 Mcqs Preparation Online Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ