National Income Accounting Test 7 Mcqs Preparation Online Leave a Comment / Economics / By Malik Asghar National Income Accounting Test 7 Mcqs Preparation Online 1. Which one is an example of capital transfer within a country?A. Gifts to sick and poor on festivalsB. Compensation to residents whose houses have been damaged by floods C. Interest paid by consumer households on consumer loansD. Old age pensions Loading... 2. The value added method of measuring national income is also known as?A. All of the aboveB. Production method C. Net output method D. Industry of origin method Loading... 3. Aggregate gross receipts means?A. Receipts of the corporate sector B. Receipts from the rest of the worldC. Turnover value of output D. Receipts of the Government Loading... 4. 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. Net indirect taxes B. All of the aboveC. Value of intermediate consumption D. Consumption of fixed capital Loading... 5. The term national income commonly refers to?A. GNP at factor cost B. NNP at factor cost C. NNP at market pricesD. GNP at market prices Loading... 6. The difference between net national product at market prices and net domestic product at market prices is equal to?A. Value of exports B. Net factor income from abroadC. Value of exports minus value of imports D. Net current transfers from abroad Loading... 7. 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. National debt interestD. Net factor income from abroad minus current transfers Loading... 8. Which of the following is an example of transfer payment by the Government?A. National debt interest B. Free housing accommodation to the President of India C. Bonus paid to railway employeesD. Free housing accommodation to the government employees Loading... 9. Net borrowings from abroad are a part of?A. Capital transfersB. Gross investment C. Gross domestic product D. Net national product Loading... 10. Transfer receipts of the Government include?A. Imputed rent of government buildings B. Dividends received from public enterprisesC. Direct and indirect taxes D. Sale of second hand cars by government departments Loading... Loading... Related NTS Results Post:Islamiat Mcqs Test 01 Online PreparationBiology Mcqs Test 06 Online PreparationIslamiat Mcqs Test 02 Online PreparationIslamiat Mcqs Test 03 Online PreparationBiology Mcqs Test 07 Online PreparationChemistry MCQs Test 07 Online PreparationChemistry MCQs Test 06 Online PreparationChemistry MCQs Test 05 Online Preparation