Q.11)-Gross National Product is the money measure of--
- All tangible goods produced in a country
- Final goods and services produced in the economy
- Services generated annually in the economy
- All tangible goods available in the economy
Q.12)-Gross National Product means-
- Groos value of finished goods
- Money values of the total national production for any given period
- Gross value of raw materials
- Money value of inputs and outputs
Q.13)-Aggregate net value of the output in 1 year is the-
- National Income at factor cost
- Groos Domestic Product at market price
- Net National Product at market prices
- Groos National Product at market price
Q.14)-National income accounting is the study of the income and expenditure of the entire-
- Family
- State
- Economy
- Organisation
Q.15)-Fish catch by indian fisher- men is the international waters are part of the GDP of-
- Sri Lanka
- India and Sri Lanka
- India
- India and Indonesia
Q.16)-In a highly developed country the relatives contribution of agriculture to GDP is-
- Relative high
- Relative low
- Same as that of other sectors
- Zero
Q.17)-To achieve high rates of growth of national Government output, the economy has to-
- Reduce the rate of growth of population
- Borrow foreign capital
- Step up the rate of savings
- Increase the rate of investment and reduce the capital output ratio
Q.18)-The national income of a country is
- Government annual revenue
- Total productive income
- Surplus of the public sector enterprise
- Export -(Loan) import
Q.19)-A firm sells new shares worth Rs. 1000 directly to individuals. This transaction will cause
- Groos National product to rise by Rs. 101
- Groos National product to rise by Rs. 1001
- National Income to rise by Rs. 1001
- No impact on Gross National product
Q.20)-Income and consumption are-
- Inversely Related
- Directly Related
- Partially Related
- Unrelated