National Income Accounting Test 7 Mcqs Preparation Online Malik Asghar — April 23, 2018 in Economics • add comment National Income Accounting Test 7 Mcqs Preparation Online 1. The difference between net national product at market prices and net domestic product at market prices is equal to?A. Value of exports minus value of imports B. Value of exports C. Net current transfers from abroad D. Net factor income from abroad Loading... 2. Which one is an example of capital transfer within a country?A. Old age pensions B. Compensation to residents whose houses have been damaged by floods C. Interest paid by consumer households on consumer loansD. Gifts to sick and poor on festivals Loading... 3. 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. Net factor income from abroad minus indirect taxesC. National debt interestD. Net factor income from abroad minus current transfers Loading... 4. Transfer receipts of the Government include?A. Direct and indirect taxes B. Imputed rent of government buildings C. Dividends received from public enterprisesD. Sale of second hand cars by government departments Loading... 5. The term national income commonly refers to?A. NNP at factor cost B. GNP at market prices C. GNP at factor cost D. NNP at market prices Loading... 6. 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. Net indirect taxes C. Value of intermediate consumption D. Consumption of fixed capital Loading... 7. The value added method of measuring national income is also known as?A. Industry of origin method B. Net output method C. Production method D. All of the above Loading... 8. Net borrowings from abroad are a part of?A. Net national product B. Gross domestic product C. Capital transfersD. Gross investment Loading... 9. Aggregate gross receipts means?A. Receipts from the rest of the worldB. Receipts of the Government C. Receipts of the corporate sector D. Turnover value of output Loading... 10. 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... Loading... Related NTS Results Post:Equilibrium of National income Test 01 Preparation OnlineInternational & National Tarde Test 03 Mcqs…International & National Tarde Test 04 Mcqs…International & National Tarde Test 02 Mcqs…International & National Tarde Test 01 Mcqs…International & National Tarde Test 06 Mcqs…International & National Tarde Test 05 Mcqs…Biology Mcqs Test 14 Online Preparation
