National Income Accounting Test 7 Mcqs Preparation Online Leave a Comment / Economics / By Malik Asghar National Income Accounting Test 7 Mcqs Preparation Online 1. The term national income commonly refers to?A. GNP at factor cost B. NNP at market pricesC. NNP at factor cost D. GNP at market prices Loading... 2. The difference between net national product at market prices and net domestic product at market prices is equal to?A. Net current transfers from abroad B. Value of exports C. Value of exports minus value of imports D. Net factor income from abroad Loading... 3. Transfer receipts of the Government include?A. Sale of second hand cars by government departmentsB. Direct and indirect taxes C. Imputed rent of government buildings D. Dividends received from public enterprises Loading... 4. Which of the following is an example of transfer payment by the Government?A. Bonus paid to railway employeesB. Free housing accommodation to the government employeesC. Free housing accommodation to the President of India D. National debt interest Loading... 5. The value added method of measuring national income is also known as?A. Industry of origin method B. All of the aboveC. Net output method D. Production method 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 minus indirect taxesB. Net factor income from abroad C. Net factor income from abroad minus current transfers D. National debt interest Loading... 7. Net borrowings from abroad are a part of?A. Capital transfersB. Net national product C. Gross investment D. Gross domestic product Loading... 8. 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. Value of intermediate consumption B. Net indirect taxes C. Consumption of fixed capital D. All of the above Loading... 9. Aggregate gross receipts means?A. Receipts of the corporate sector B. Turnover value of output C. Receipts of the Government D. Receipts from the rest of the world Loading... 10. Which one is an example of capital transfer within a country?A. Compensation to residents whose houses have been damaged by floods B. Old age pensions C. Interest paid by consumer households on consumer loansD. Gifts to sick and poor on festivals Loading... Loading... Related NTS Results Post:Biology Mcqs Test 13 Online PreparationBiology Mcqs Test 10 Online PreparationBiology Mcqs Test 11 Online PreparationBiology Mcqs Test 09 Online PreparationBiology Mcqs Test 08 Online PreparationBiology Mcqs Test 06 Online PreparationChemistry MCQs Test 07 Online PreparationBiology Mcqs Test 07 Online Preparation
