National Income Accounting Test 8 Mcqs Preparation Online Malik Asghar — April 23, 2018 in Economics • add comment National Income Accounting Test 8 Mcqs Preparation Online 1. Which of the following is not an example of capital transfers between countries?A. Economic aid B. Gifts for cyclone victimsC. Grants from other governmentsD. War damages Loading... 2. Which of the following includes interest on national debt?A. Gross national productB. National income C. Personal income D. Net national product Loading... 3. Which of the following is incorrect?A. NNP at factor cost = NNP at market prices minus net indirect H taxes B. GNP at market prices = GDP at market prices plus net factor income from abroad C. GDP at market prices = NNP at factor cost plus net indirect taxes D. None of the above Loading... 4. Income from property is a part of?A. Operating surplus B. Compensation of employees C. Mixed income of the self-employed D. None of these Loading... 5. Unilateral payments are known as?A. Payments for productive services rendered by othersB. Factor payments C. Transfer payments D. Factor income Loading... 6. The first estimate of national income in India was made by Dadabhai Naoroji for the year?A. 1857-58B. 1881-82C. 1867-68D. 1890-91 Loading... 7. Identify the correct statement?A. Royalties are a part of compensation to employeesB. Capital transfers are paid from current income C. Lottery income received by a household is factor income D. Personal disposable income excludes direct taxes paid by households Loading... 8. Net retained earnings abroad means?A. Profits of resident companies abroad B. Net undistributed profits of resident and non-resident companies C. Income retained by a resident working abroad D. Foreign exchange reserves Loading... 9. Interest on public debt is a part of?A. Interest payments by householdsB. Transfer payments by the government C. Domestic income D. Transfer payments by enterprises Loading... 10. Which of the following is not a government transfer payment to households?A. Scholarship B. Unemployment allowanceC. Subsidy D. Family pension Loading... Loading...
