National Income Test 3 Online Mcqs Preparation Malik Asghar — April 23, 2018 in Economics • add comment National Income Test 3 Online Mcqs Preparation 1. Which is a flow concept:A. My total wealthB. Number of my shirts C. My monthly incomeD. Money supply Loading... 2. Which is the largest figure:A. DPIB. NNP C. PID. GNP Loading... 3. 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... 4. Direct taxes are not included in:A. All of aboveB. PIC. DPID. NNP Loading... 5. Which statement is true ?A. NI = NNP - indirect taxesB. National Income = National Expenditure - indirect taxes C. NI = GNP - NNPD. NI = PI Loading... 6. There are methods of measuring national income:A. 2B. 1C. 5D. 3 Loading... 7. It is deducted from GNP to get NNP:A. Indirect taxes B. DepreciationC. Direct taxes D. Transfer payments Loading... 8. Which statement is true ?A. National Expenditure = National income - TaxesB. National Expenditure = National income + National TaxesC. National Expenditure = National income + National productionD. National Expenditure = National income Loading... 9. 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... 10. Select the correct statements:A. Depreciation allowance is a part of GNPB. Transfer payments are included in national income C. Taxes are not included in NNPD. GDP means Gross Direct Production Loading... Loading... Related NTS Results Post:National Income Test 7 Online Mcqs PreparationNational Income Test 2 Online Mcqs PreparationNational Income Test 6 Online Mcqs PreparationNational Income Test 4 Online Mcqs PreparationNational Income Test 5 Online Mcqs PreparationNational Income Test 1 Online Mcqs PreparationNational Income Accounting Test 5 Mcqs Preparation OnlineNational Income Accounting Test 3 Mcqs Preparation Online