Economics National Income Accounting Test 7 Mcqs Preparation Online National Income Accounting Test 7 Mcqs Preparation Online 1. Which of the following is an example of transfer payment by the Government?A. National debt interest B. Bonus paid to railway employeesC. Free housing accommodation to the government employeesD. Free housing accommodation to the President of India Loading... 2. Net borrowings from abroad are a part of?A. Gross domestic product B. Gross investment C. Net national product D. Capital transfers Loading... 3. Aggregate gross receipts means?A. Receipts from the rest of the worldB. Receipts of the corporate sector C. Receipts of the Government D. Turnover value of output Loading... 4. The value added method of measuring national income is also known as?A. Production method B. All of the aboveC. Industry of origin method D. Net output method Loading... 5. The difference between net national product at market prices and net domestic product at market prices is equal to?A. Net factor income from abroadB. Net current transfers from abroad C. Value of exports minus value of imports D. Value of exports Loading... 6. Which of the following accounts for the difference between net domestic product at market prices and national income?A. Net factor income from abroad B. National debt interestC. Net factor income from abroad minus indirect taxesD. Net factor income from abroad minus current transfers Loading... 7. The term national income commonly refers to?A. NNP at market pricesB. NNP at factor cost C. GNP at factor cost D. GNP at market prices Loading... 8. Transfer receipts of the Government include?A. Sale of second hand cars by government departmentsB. Imputed rent of government buildings C. Dividends received from public enterprisesD. Direct and indirect taxes Loading... 9. Which of the following has to be deducted from the value of output to arrive at the net value added by a producing enterprise?A. All of the aboveB. Consumption of fixed capital C. Value of intermediate consumption D. Net indirect taxes Loading... 10. Which one is an example of capital transfer within a country?A. Old age pensions B. Interest paid by consumer households on consumer loansC. Compensation to residents whose houses have been damaged by floods D. Gifts to sick and poor on festivals 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 6 Mcqs Preparation OnlineNational Income Accounting Test 5 Mcqs Preparation OnlineNational Income Accounting Test 2 Mcqs Preparation Online Continue Reading Previous National Income Accounting Test 6 Mcqs Preparation OnlineNext National Income Accounting Test 8 Mcqs Preparation Online Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ