National Income Test 3 Online Mcqs Preparation Leave a Comment / Economics / By Malik Asghar National Income Test 3 Online Mcqs Preparation 1. Select the correct statements:A. Depreciation allowance is a part of GNPB. GDP means Gross Direct ProductionC. Transfer payments are included in national income D. Taxes are not included in NNP Loading... 2. Which is the largest figure:A. PIB. DPIC. GNPD. NNP Loading... 3. Direct taxes are not included in:A. All of aboveB. NNPC. DPID. PI Loading... 4. Which is a flow concept:A. My total wealthB. Money supplyC. Number of my shirts D. My monthly income Loading... 5. When National income is estimated by expenditure method, we include:A. All expenditure of the business sectorB. All of the aboveC. All govt. expenditureD. All households expenditure Loading... 6. Which statement is true ?A. National Income = National Expenditure - indirect taxes B. NI = NNP - indirect taxesC. NI = GNP - NNPD. NI = PI Loading... 7. Which statement is true ?A. National Expenditure = National income + National TaxesB. National Expenditure = National incomeC. National Expenditure = National income + National productionD. National Expenditure = National income - Taxes Loading... 8. There are methods of measuring national income:A. 5B. 2C. 1D. 3 Loading... 9. If we compare GDP and GNP, then:A. GNP = GDP + net income from abroadB. GNP = NNP - net income from abroadC. GNP = GDP - net income from abroadD. GNP = NNP + net income from abroad Loading... 10. It is deducted from GNP to get NNP:A. DepreciationB. Direct taxes C. Indirect taxes D. Transfer payments Loading... Loading... Related NTS Results Post:Biology Mcqs Test 12 Online PreparationBiology Mcqs Test 06 Online PreparationChemistry MCQs Test 06 Online PreparationChemistry MCQs Test 05 Online PreparationBiology Mcqs Test 07 Online PreparationIslamiat Mcqs Test 03 Online PreparationBiology Mcqs Test 14 Online PreparationBiology Mcqs Test 10 Online Preparation
