Q.61)-Net National Product of a country is-
- GNP minus depreciation
- GDP plus net income from abroad
- GNP minus net income from abroad
- GNP minus depreciation alowances
Q.62)-Which of the following is not a method of estimating National Income?
- Expenditure method
- Product method
- Matrix method
- Income method
Q.63)-National Income is the-
- Net National Product at market price
- Net National Product at factor cost
- Net domestic Product at factor cost
- Net domestic Product at factor cost
Q.64)-An individual's actual standard of living can be assessed by-
- Gross National Income
- Net National Income
- Per capital Income
- Disposable Personal Income
Q.65)-The total value of goods and services produced in a country during a given period is-
- Disposable income
- National Income
- Per capital income
- Net national income
Q.66)- 'Personal Income' equals-
- The household sector's income
- Private income minus savings of the corporate tax
- Personal disposable income plus miscllaneous receipts of the Government
- All of the above
Q.67)-An increase in national income because of an increase in price is called-
- An increase in National Income in real terms
- An increase in National Income at constant price
- An increase in money National Income
- An increase in National Income in base year prices
Q.68)-Net National Product in National income Accounting refers to-
- Gross Domestic product - depreciation
- Gross Domestic product - depreciation
- Gross Domestic product - Depreciation
- Gross National product + Subsidies
Q.69)-A very high rise in National Income at current market prices and a low rise at constant prices reveals-
- The high rate of growth in the economy at the current period
- The increased production in the current period
- The improper growth of the economy
- The high rate of inflation prevailling in the economy
Q.70)-An increase in per capital income is not an indication of an increase in the economic welfare of the people-
- When such increase is the result of an increased production of comforts
- When such increase is the result of an increase in agricultural production
- When it is the result of an increase in the production of industrial goods
- When such increase is the result of intoxicants