National Income Accounting Test 6 Mcqs Preparation Online Leave a Comment / Economics / By Malik Asghar National Income Accounting Test 6 Mcqs Preparation Online 1. If net factor income from abroad is zero, then?A. National product is constantB. Domestic product is zero C. National product is equal to domestic product D. National product is zero Loading... 2. Which of the following is not included while estimating national income by the expenditure methods?A. Investment in shares of a new company B. Defence expenditure C. Net indirect tax D. Net exports Loading... 3. National income differs from the net national product at market prices by the amount of?A. National debt interest B. Current transfers from rest of the world C. Net indirect taxes D. It does not differ Loading... 4. Which of the following is deducted while estimating national income by the value-added method?A. Net factor income from abroad B. Value of goods and services produced for self-consumptionC. Consumption of capitalD. Imputed rental value of owner-occupied building Loading... 5. Net national product at factor cost is?A. Always more than the gross national productB. Less than national income C. Equal to national income D. More than national income Loading... 6. 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. Income from property and entrepreneurship accruing to GovernmentC. Profits of public enterprises D. Loans from public Loading... 7. While estimating national income by the income method one of the following is not included. Identify it?A. Income of employees of voluntary organisationsB. Mixed income of the self employed C. Interest on bonds of a foreign company D. Inheritance tax or death duty Loading... 8. While estimating personal income from national income, which of the following items need to be deducted?A. Direct Taxes paid by households B. Corporate profitstaxC. Net indirect taxes D. Dividends Loading... 9. For the estimation of private income which of the following items has to be added to national income?A. Subsidies B. Income from property accruing to government C. Interest on national debtD. Savings of the non-departmental enterprises Loading... 10. 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 2850 crore B. Rs 1000 crore C. Rs 850 croreD. Rs 3050 crore Loading... Loading... Related NTS Results Post:Biology Mcqs Test 10 Online PreparationBiology Mcqs Test 12 Online PreparationBiology Mcqs Test 07 Online PreparationBiology Mcqs Test 06 Online PreparationBiology Mcqs Test 08 Online PreparationBiology Mcqs Test 13 Online PreparationBiology Mcqs Test 09 Online PreparationBiology Mcqs Test 11 Online Preparation