Economics National Income Accounting Test 7 Mcqs Preparation Online 0 National Income Accounting Test 7 Mcqs Preparation Online 1. 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. Value of intermediate consumption C. Net indirect taxes D. Consumption of fixed capital Loading... 2. Transfer receipts of the Government include?A. Sale of second hand cars by government departmentsB. Dividends received from public enterprisesC. Direct and indirect taxes D. Imputed rent of government buildings Loading... 3. Which of the following is an example of transfer payment by the Government?A. Free housing accommodation to the government employeesB. Bonus paid to railway employeesC. National debt interest D. Free housing accommodation to the President of India Loading... 4. The value added method of measuring national income is also known as?A. Production method B. Industry of origin method C. All of the aboveD. Net output method Loading... 5. Which one is an example of capital transfer within a country?A. Gifts to sick and poor on festivalsB. Old age pensions C. Compensation to residents whose houses have been damaged by floods D. Interest paid by consumer households on consumer loans Loading... 6. The term national income commonly refers to?A. NNP at market pricesB. GNP at factor cost C. NNP at factor cost D. GNP at market prices Loading... 7. Net borrowings from abroad are a part of?A. Net national product B. Capital transfersC. Gross investment D. Gross domestic product Loading... 8. 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 current transfers C. Net factor income from abroad minus indirect taxesD. National debt interest Loading... 9. Aggregate gross receipts means?A. Turnover value of output B. Receipts of the corporate sector C. Receipts from the rest of the worldD. Receipts of the Government Loading... 10. 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. Net factor income from abroadC. Value of exports D. Value of exports minus value of imports Loading... Loading... Related PostsNational Income Accounting Test 1 Mcqs Preparation OnlineNational Income Accounting Test 2 Mcqs Preparation OnlineNational Income Accounting Test 3 Mcqs Preparation OnlineNational Income Accounting Test 4 Mcqs Preparation OnlineNational Income Accounting Test 5 Mcqs Preparation OnlineNational Income Accounting Test 6 Mcqs Preparation OnlineNational Income Accounting Test 8 Mcqs Preparation OnlineNational Income Test 1 Online Mcqs PreparationNational Income Test 2 Online Mcqs PreparationNational Income Test 3 Online Mcqs Preparation Continue Reading Previous National Income Accounting Test 6 Mcqs Preparation OnlineNext National Income Accounting Test 8 Mcqs Preparation Online More Stories Economics Economics Quiz 04 Preparation Online 0 Economics Economics Quiz 03 Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ
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